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Decentralized Finance (DeFi): The Evolution of Financial Systems on the Blockchain

Decentralized Finance (DeFi) is a rapidly emerging trend that is disrupting the traditional financial landscape. Built on blockchain technology, DeFi offers a decentralized and permissionless alternative to traditional financial systems, empowering users to have full control over their assets and financial activities. In this article, we’ll explore the concept of DeFi, its key components, benefits, and the transformative potential it holds for the future of finance.