How Does DeFi Work Exactly? Is It An Industry? A System? Or The Next Step In Tech
How does DeFi work? It uses blockchain and smart contracts to enable peer-to-peer transactions (e.g., South Africa’s supply chain), cutting costs and intermediaries. DeFi tackles Africa’s corruption, financial exclusion, and sustainability issues via solutions like land registries and fair-trade supply chains. Africa drives global DeFi growth with BRICS partnerships, energy innovations, and ROI-driven projects like…