Sectors Realizing the Full Potential of DeFi Protocols In 2020

Cointelegraph

Published Feb 23, 2020 01:30AM ET

Updated Feb 23, 2020 03:02AM ET

Sectors Realizing the Full Potential of DeFi Protocols In 2020

As the new decade unreels, a new wave of disruption seems to be coming to the shores of the global financial system. That wave is called decentralized finance protocols.

Decentralized finance, or DeFi, simply refers to financial software that is built on the blockchain to make it easy for anyone to piece together digital assets and financial smart contracts. Think of DeFi as a Lego system for the finance industry.

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