Defi Vs Banks: Is Defi Better Than Banks?

August 3, 2022 ⚊ 1 Min read ⚊ Views 89 ⚊ BUSINESS

Imagine a world in which banks are no longer required. Consider the possibility of all the financial instruments we use today — currencies, loans, insurance, bonds, credit cards, stocks, futures, options and interest-bearing accounts — all transformed into a new model that does not rely on a typical banking institution to function.

It may seem a little unusual, but thanks to DeFi, all of this is about to become a reality in a matter of days.

Read details: https://www.astralis.ai/blog/defi-vs-banks-is-defi-better-than-banks

Tags: crypto, cryptocurrency, cryptonews, DeFi, fintech

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