define emits
DeFi, or Decentralized Finance, is transforming the landscape of financial transactions. Using blockchain technology, DeFi offers an alternative to traditional, centralized financial systems. DeFi networks allow individuals to lend, borrow, or trade assets directly without the need for intermediaries. Such accessibility has the potential to revolutionize global finance, promoting financial inclusivity and transparency. DeFi platforms predominantly run on Ethereum and the underlying cryptocurrency serves as a facilitator of transactions. Despite various challenges, DeFi holds the promise of a more equitable financial future, unlocking new opportunities in the process.#25#