What are decentralized finances
                     What are decentralized finances, the 
solution that promises to solve the two 
problems of the current system
Decentralization could impact personal finance, according to experts who advocate for it. The 
quest to eliminate "the human factor" is part of an equation.
In June 2021 a record of more than 8.5 operations per adult was reached with electronic 
means of payment, such as debit and credit cards or digital transfers. Compared to the same 
period in 2020, total operations grew by 40 percent.
In addition, in May 2019, for every 100 cash withdrawals, 169 electronic payment operations 
were made, while in May 2020 they increased to 221 and in May 2021 they reached 310. 
The real change would come from the hand of decentralized finance (DeFi, in English), 
which includes the use of the chain of blocks (blockchain, in English) and other computer 
processes that are expected to revolutionize the sector.
The Advantages of Defi
First of all, Cavazzoli stresses that all operations and value transfers carried out 
in the DeFi Development Company environment are public and verifiable.
In this framework, Apezteguia maintains that the fact that the exchanges are visible 
and exposed allows any user to verify them in the same database that 
interprets them in an encrypted way. 
The ability to cross borders that DeFi offers is linked to the lack of central 
counterparties that are tied to the rules and laws of each region, as well as to 
their own systems that they must use.
Specifically, the great change that the arrival of decentralized finance 
represents is the greater financial inclusion that will take place in the world.
Still Need Development
Regarding the short development time, Cavazzoli adds: "We must bear in mind that 
it is a technology that, although it has been strengthening and growing a lot in recent 
years, is still relatively new.
Also, transaction costs have to come down a bit more for DeFi Development to 
finally materialize , as Ethereum, the main network used in the field, is still 
somewhat expensive, even though its next upgrade, Ethereum 2.0, is try to solve 
this problem.
Future Promises
In any case, despite these drawbacks, decentralized finances have an attractive 
future ahead of them and aim to camouflage themselves in society as one more of 
the thousands of tools that people use to have a better quality of life.
Cryptocurrencies and the DeFi ecosystem make our lives easier, and in the 
long run it will end up penetrating all levels of society."
"In the future, people will not really know that they are going to be using DeFi, 
each one will use their application and behind the structure it will be DeFi, crypto, 
peer to peer
Finally, he says, "If I want to open a hot dog business and I need a credit of $1,000, 
a bank is not going to provide it to me today since it does not exist, but in one of 
these DeFi Token Development apps.