How does DeFi impact traditional finance? 


Decentralized Finance (DeFi) has the potential to significantly impact traditional finance in several ways:

Disintermediation: DeFi platforms and protocols enable peer-to-peer transactions, eliminating the need for intermediaries like banks, brokerages, and other financial institutions.

Increased Accessibility: DeFi provides access to financial services for underserved or marginalized communities, promoting financial inclusion.

Reduced Costs: DeFi transactions are often cheaper and faster than traditional financial transactions, reducing costs for consumers and businesses.

Improved Transparency: DeFi transactions are recorded on a public ledger, making them transparent and tamper-proof.

New Business Models: DeFi enables new business models, such as decentralized lending, borrowing, and trading, which can disrupt traditional financial industries.