In the world of finance, blockchain is like that new kid on the block who is already running for class president – ambitious, disruptive, and surprisingly popular. It is spearheading a change in investment landscapes, much like how smartphones revolutionized communication.
Technology, specifically DeFi or decentralized finance, has recently transformed the financial services and banking industries. DeFi operates on decentralized blockchain networks like Ethereum. Meanwhile, TradFi relies on centralized financial institutions such as banks, brokers, and exchanges.