What is DeFi and why is it the hottest ticket in cryptocurrencies?

One area in cryptocurrencies attracting huge attention is DeFi or decentralized finance. This refers to financial services using smart contracts, which are automated enforceable agreements that don't need intermediaries like a bank or lawyer and use online blockchain technology instead.

from Hi-Tech Innovation News - Information Technology, Inventions News https://ift.tt/2YCRIDj
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