Abstract
DeFi, a blockchain-based innovation, eliminates traditional financial intermediaries, offering direct peer-to-peer financial transactions and access to a wide array of financial services including lending, borrowing, insurance, and investment opportunities. This paper delves into how DeFi democratizes access to financial resources, particularly for the underserved and unbanked populations worldwide, by reducing transaction costs, enhancing transparency, and providing secure and equitable access to financial services. Through a citizen-centric lens, this article contributes to the ongoing dialogue on leveraging DeFi for global financial inclusion, suggesting pathways for integrating DeFi into the broader financial ecosystem in a manner that maximizes its inclusivity and benefits for all citizens.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
