In India, the rise of Cefi and Defi has sparked a heated debate among investors and fintech enthusiasts. Both have unique approaches to financial services, but which one is truly the future of finance?
Cefi, or Centralized Finance, is based on traditional banking models, offering users familiar services like loans and savings accounts. On the other hand, Defi, or Decentralized Finance, leverages blockchain technology to provide decentralized financial services.
While Cefi offers reliability and regulatory compliance, Defi promises greater transparency and user autonomy. This battle for the future of finance has captured the attention of many, including those in India, who are eager to see which model will dominate the industry. |
