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 Sea Otters Help Restore Ecosystem Balance
- 2 Lion-Tailed Macaque Faces Growing Threats
- 3 ICJ Hearings on States’ Legal Obligations to Combat Climate Change
- 4 GenCast AI Model Revolutionizes Weather Forecasting
- 5 Shockwave-based Syringe for Needle-Free, Painless Drug Delivery
- 6 Willow Chip: Google's Quantum Computing Breakthrough
- 7 Indian Researchers use AI to Discover Anti-Ageing Molecules
- 8 India-UK 2+2 Foreign and Defence Dialogue
- 9 India-Kuwait Joint Commission for Cooperation
- 10 India & EU to Hold Strategic Foreign Policy Dialogue
