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DeFi Unpacked: The Harmony of DeFi and CeFi in Serving the Unbanked and Beyond

Anuj Agarwal
6 min readMay 31, 2023

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Decentralized Finance, or DeFi, a revolutionary shift that’s shaking up the world of finance. We got up close and personal with DeFi products, ranging from lending platforms and decentralized exchanges to yield farming and stablecoins — financial tools ready to take on the traditional systems.

But remember, every shiny new thing has its thorns. We also touched on the risks that come along, like smart contract bugs, platform failures, and regulatory issues. DeFi is exciting, but it’s crucial to navigate with caution.

DeFi dazzles with its transparency, control, and worldwide accessibility, while CeFi swoops in with user-friendly interfaces and dependable security.

In a world where technologies evolve at lightning speed, it’s vital for us to stay informed about emerging innovations, especially those that may revolutionize how we interact with money. One such innovation that’s been causing a stir in the financial world is decentralized finance or DeFi. This term may seem abstract or complex, but don’t worry — I will explain it in a simple way.

Join me at Web3 Live London on 2nd June 2023.

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Anuj Agarwal
Anuj Agarwal

Written by Anuj Agarwal

Director - Technology at Natwest. Product Manager and Technologist who loves to solve problems with innovative technological solutions.

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