Why It’s a Big Deal
The impact of DeFi can be profound, addressing issues of financial inequality, access to capital, and the efficiency of financial systems. By leveraging blockchain technology, DeFi has the potential to create a more inclusive, transparent, and accessible financial system for everyone, regardless of geographical location or socio-economic status. This can contribute to global economic growth, reduce poverty, and enhance financial stability by providing resilient and decentralized alternatives to traditional financial systems.