Decentralised Finance: What is it and how is it regulated in South Africa?
What is Decentralised Finance? Decentralised Finance (DeFi for short) is a financial system built on public blockchains such as BitCoin and Ethereum. Blockchains refer to a list of data records that work as a decentralised digital lender. The data in a specific blockchain is organised into blocks, which is chronologically arranged and secured by cryptography. The oldest and safest blockchain [...]