How DeFi Disrupting Traditional Financial Sectors – Analysis & Examples

The guide explores what factors boosted the entire Decentralized Finance industry, and why analysts are predicting that DeFi is destined to disrupt the traditional financial sector: How DeFi Grew Into A $70+ Billion Industry

DeFi provides a new space built on trustless and transparent blockchain technology which replaces the “trust layer” of finance. DeFi trades in financial intermediaries like asset management firms, banks and insurance companies replacing them with code and software.

Catering to both developed and emerging markets, DeFi is able to provide greater product innovation and liquidity to financial markets, a wider variety of choices to consumers and is able to reduce the costs of transactions.