It is learnt that Decentralized Finance (DeFi) act as the movement that completely leverages decentralized networks to transform old financial products into trust less and transparent protocols that run without intermediaries.

Moreover one area in cryptocurrencies attracting huge attention is DeFi or decentralised finance. This primarily refers to financial services using smart contracts, which are automated enforceable agreements that don't need intermediaries like a bank or lawyer and use online blockchain technology instead.