In the past, we've always relied on centralized finance; which means that there is a single source of funding that oversees the movement of money, regulated by governments and banks. Decentralized finance, with its three fundamental components cryptography, blockchain technology and smart contracts, is a widely popular alternative to the centralization norm. In this episode, we’ll dive deeper into DeFi, explore the difference between centralized/decentralized and look at advantages and risks.

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Author: Arya Ghobadi
Narrator: luvcraft (https://linktr.ee/luvcraft)
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