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From exchange to lending to insurance, what is meant by decentralized finance

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ServiceJourney into DeFi / 6

Some categories of activities were highlighted that cover the entire spectrum of financial services. In decentralized logic

by Stefano Capaccioli and Marco Tullio Giordano

DeFi covers a variety of different businesses that exhibit the distinctive characteristics of financial services trust-minimized, non-custodial, open, modular and programmable.

To date, at least six main categories of DeFi services can be hypothesized, in addition to auxiliary ones such as oracles and wallets. However, the dividing lines between the various services are not always clear.

Let’s try to explore the main categories.

1. Stablecoin – Stablecoins aim to keep …

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