Decentralized finance (DeFi) is emerging as a tool for smaller businesses in developing markets, particularly for remittances and small loans; The transaction banking industry is beginning to see DeFi’s potential to overhaul the inflexibility of present processes; Uptake of DeFi in transaction banking could open up new capital opportunities for larger companies and increase liquidity
Tag: Decentralized
The financial industry has changed a lot over the years, particularly after the invention of the internet. Because of this, it is now possible to shop online, send money to the other side of the world, manage your funds via the web, without the need to go to the bank or some other financial institution,