DeFi vs CeFi represent two contrasting approaches to financial services. DeFi leverages blockchain technology to enable users to engage in lending, borrowing, and trading without intermediaries, promoting transparency and accessibility. In contrast, CeFi relies on traditional financial institutions and centralized platforms to manage transactions, offering a more familiar user experience but often with less transparency. While DeFi emphasizes user autonomy, CeFi provides regulatory oversight and customer support, helping users make informed choices about their financial services.
Jack Farris
67 Blog posts
