Decentralised Finance vs traditional finance

 One of the best ways to see the potential of DeFi is to understand the problems that exist today.

 Traditional Finance

⦁Some people are not allowed to open bank accounts or use financial services.

⦁Lack of access to financial services can keep people from finding work.

⦁Financial services can keep you from getting paid.

⦁A hidden fee of financial services is your personal data.

⦁Governments and centralized institutions can close the market at will. 

⦁Trading hours are usually limited to the business hours of a particular time zone.

⦁Money transfers can take days due to an internal human process.

⦁There is a premium to financial services because intermediaries need their share. 

Decentralised Finance

⦁You own your money.

⦁You control where your money goes and how it is spent.

⦁Money transfers are done in minutes.

⦁Trading operations are pseudonyms.

⦁DeFi is open to everyone. 

It is based on transparency: anyone can consult the product's data and check the system's operation.