Decentralized finance

Decentralized finance allows access to money through independent borrowing and lending. Decentralized finance is a blockchain-based form of finance that does not require an intermediary such as banks to offer additional financial instruments. It utilizes smart contracts on blockchains. Decentralized finance is a complete ecosystem of financial applications built on other blockchains. It represents a movement focused on creating transparent financial services, open-source and permissionless systems. Greater access to international financial products and services without the need for a central authority (e.g government). Not only does the centralized financial applications allow users full control and ownership of their assets, but it also allows for peer-to-peer transactions without a third-party. Defi known as decentralized finance is offered by the G999 blockchain along with other financial products.