Decentralized Finance is financial software built on the blockchain. DeFi is an abbreviation of the phrase decentralized finance, which refers to digital assets, financial smart contracts, and decentralized applications. Decentralized finance aims to create a financial system that’s open to everyone and minimizes one’s need to trust and rely on central authorities. Blockchain give us the tools to collectively build and control a financial system without the need for central authorities. A centralized system is based on trust. With a blockchain network, you as an individual can verify any and every transaction that occurs on the blockchain. Most DeFi applications are built on the Ethereum blockchain The world’s most popular programmable blockchain. Developers can program applications on Ethereum that can create, store, and manage digital assets, also called tokens, on the blockchain. These are called smart contracts or decentralized applications (DApps). Decentralized finance has the opportunity to bring about a more resilient and transparent financial system. There are for example DeFi dapps that allow you to create stablecoins, lend out money and earn interest on your crypto, take out a loan, or exchange one asset for another A stablecoin is a cryptocurrency whose value is pegged to the US dollar With Defi apps - you could go long or short assets, and implement automated, advanced investment strategies blockalize.com is a successful IT company specializing in developing defi applications