ERC20 Token Development

Introduction : Decentralized Finance (DeFi) and Centralized Finance (CeFi) represent two distinct paradigms in the world of finance. While CeFi relies on traditional financial intermediaries and centralized authorities, DeFi leverages blockchain technology to create a decentralized ecosystem. As the financial landscape evolves, the comparison between DeFi and CeFi becomes increasingly relevant. In this article, we will explore the fundamental differences, advantages, and challenges of both DeFi and CeFi, shedding light on their potential impacts on the future of finance. I. Defining DeFi and CeFi : To understand the differences between DeFi and CeFi , let's start by defining each concept. DeFi: Decentralized Finance, or DeFi, is a blockchain-based financial system that operates without centralized intermediaries such as banks or brokerage firms. Instead, DeFi relies on smart contracts and decentralized applications (DApps) to enable peer-to-peer transactions, lending, borrowing, an...