The Future of Decentralized Finance (DeFi): Building Dapps for Financial Inclusion
In the rapidly evolving world of finance and technology, decentralized finance (DeFi) stands out as a game-changer. DeFi utilizes blockchain technology to provide financial services and products without the need for traditional intermediaries such as banks or brokers. It is a transformative force with immense potential to foster financial inclusion, and it's at the core of what a DeFi Wallet Development Company aim to achieve. The Current Landscape of DeFi Before we delve into the future, let's take a moment to understand the current state of DeFi. It has experienced explosive growth over the past few years, with an ever-expanding array of decentralized applications (Dapps) and platforms offering services like lending, borrowing, trading, and yield farming. The total value locked (TVL) in DeFi has surged, reflecting the increasing popularity and trust in these platforms. Yet, despite its success, DeFi is not without its challenges. Accessibility remains a key concern. Many of