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Meaning of decentralized finance | Babel Free

Noun CEFR B2

Definitions

An experimental form of finance that does not rely on central financial intermediaries, but instead uses smart contracts on blockchains.

uncountable

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

decentralized planning decentralizer Decentralizes Decentralizing decentration decentre