Top 5 DeFi Based Business Models

Defi is the most trending topic in the blockchain community and strewing sectors in the cryptocurrency industry. In this blog, we have to see about the Top-most 5 Defi based business models. What is Decentralized Finance (DeFi)? Decentralized Finance is known as (DeFi) and it is the fusion of traditional bank services with decentralized technology such as blockchain and importantly Defi can be built under the top of the ethereum blockchain platform. it plays an important role in the evolution of the financial sector and seeks to create alternatives to every financial service it includes savings and checking accounts, loans, asset trading, insurance and more. Users can easily interact with this ecosystem through peer-to-peer (P2P) and decentralized applications (apps). It mainly involved in a smart contract and it is a virtual contract that is built by using the blockchain platform for immutability and security purposes and it is faster, easier and reduce the risk for the both parties. ...