“Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies like Bitcoin.

In the U.S., the Federal Reserve and Securities and Exchange Commission (SEC) define the rules for centralized financial institutions like banks and brokerages, which consumers rely on to access capital and financial services directly. DeFi challenges this centralized financial system by empowering individuals with peer-to-peer digital exchanges.

DeFi eliminates the fees that banks and other financial companies charge for using their services. Individuals hold money in a secure digital wallet, can transfer funds in minutes, and anyone with an internet connection can use DeFi.” [Investopedia]

The traditional financial system is on the brink of revolution. Decentralized finance (DeFi) has arrived and it’s changing how we access capital, move money around, and protect our finances like never before. DeFi empowers individuals to take control by allowing them to make peer-to-peer digital exchanges without fees typically charged by banks or other centralized institutions — opening up a world that was previously only available through costly intermediary services. With just an internet connection anyone can now use this pioneering technology – so get ready for a new financial future!

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Disclaimer: I would like to remind everyone that I am not a professional adviser and what I share here with you is based on my own personal experiences and research, and contains subjective opinions. Thus, Ricardo Cortes and Consigliere Nomade, LLC is not liable for the information you decide to use or take from this site. Research and form your own conclusions. If you find anything on this site that you disagree with, please contact me at [email protected]