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what is Decentralised finance_ #facts #what #finance

2022-10-18 1 Dailymotion

Benifits <br /><br />Open: You don’t need to apply for anything or “open” an account. You just get access by creating a wallet.<br /><br />Pseudonymous: You don’t need to provide your name, email address, or any personal information.<br /><br />Flexible: You can move your assets anywhere at any time, without asking for permission, waiting for long transfers to finish, and paying expensive fees.<br /><br />Real time update: Interest Rates and rewards often update rapidly (as quickly as every 15 seconds), and can be significantly higher than traditional Wall Street.<br /><br />Transparent: Everyone involved can see the full set of transactions (private corporations rarely grant that kind of transparency)<br />

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