Decentralized finance (Defi) means the processes and technologies that are used to democratize money. While the fintech industry is booming, Defi is quickly taking over. But how do the two prominent technologies differ?
What is fintech
The reasons why fintech will change the future of banking are due to many reasons, including better branding and enhanced customer services. But what will happen to banks in the long run if fintech keeps on increasing in popularity?