CeFi, or Centralized Finance, refers to the traditional financial system where financial transactions and services are managed by centralized intermediaries such as banks, brokerage firms, or other financial institutions. What is CeFi, In CeFi, these intermediaries act as trusted third parties...
When comparing DeFi vs CeFi (Decentralized Finance)(Centralized Finance), there are several key differences to consider:
Control and Intermediaries:
DeFi: DeFi platforms operate on decentralized networks, with transactions and financial activities executed through smart contracts. There are...
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