 
 
Written by
Marc Wojno, Senior Editor
                                                         
 
	Marc Wojno
	Senior Editor
Marc Wojno has been a writer and editor in the financial field for more than two decades.
Full Bio
on January 18, 2022
| Topic: The Future of Money
Decentralized finance, or ‘DeFi’, is an emerging digital financial infrastructure that theoretically eliminates the need for a central bank or government agency to approve financial transactions. Regarded by many as an umbrella term for a new wave of financial services innovation, DeFi is deeply connected with blockchain — the decentralized, immutable, public ledger on which Bitcoin is based — that enables all computers (or nodes) on a network to hold a copy of the history of transactions. The idea is that no single entity has control over, or can alter, that ledger of transactions.
Blockchain
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