Decentralised Finance (DeFi)
- DeFi is the term used to describe financial applications built on blockchain technology, which in turn aims to democratize the economic landscape by replacing centralized institutions such as brokerages, banks or exchanges.
- It draws its inspiration from blockchain, the technology that powers Bitcoin, Ethereum and other cryptocurrencies, in which a collective group of entities holds the records of transactions in lieu of a single entity.
- DeFi, however, expands the scope of these transactions from simple transfers to more complex financial use ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
News Snippets
- 1 President Droupadi Murmu Visits Slovakia
- 2 Iran and U.S. Hold Constructive Nuclear Talks in Oman
- 3 India and Nepal Strengthen Customs Cooperation
- 4 15th BRICS Agriculture Ministers Meeting in Brazil
- 5 India, US Hail Progress on New Trade Deal
- 6 Beryl, Helene, Milton, and John Retired from Hurricane Name Lists
- 7 Similipal Declared Odisha’s Second National Park
- 8 India Opens New Frontiers in Himalayan Climate Research
- 9 Rare Sighting of Juvenile Colossal Squid in South Atlantic
- 10 Record Low Snow Persistence in Hindu Kush Himalaya Region
