Changes in Centralized Finance
Last updated
Last updated
Centralized financial structures are based on centralized governance, with various regulatory bodies such as central banks, the Federal Reserve, and government institutions working together. However, this structure is often influenced by the agendas or interests of specific regu
In contrast, blockchain-based decentralized finance (DeFi) structures operate independently, with information securely stored based on the blockchain's framework. Key advantages of DeFi include immutability of data, public verifiability, privacy protection, scalability, anonymity, and longer market availability. Unlike centralized systems, DeFi also offers flexible execution orde