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DeFi solutions are being rapidly developed with a whopping $14.36 billion locked in various projects according to DeFi Pulse.com, which keeps a close watch over the industry. Mostly, DeFi development takes place on blockchain networks like Ethereum and Bitcoin.
Decentralized Finance development will continue to accelerate more in the years to come depending on the regulations passed and the adoption of new financial applications by the users. It offers a smarter way for the users to manage their money by cutting out the middleman. It is a welcome addition to the global financial system as it makes it more transparent and resilient. Click the link to know more - https://medium.com/security-token-offering/decentralized-finance-defi-solutions-a-complete-guide-8993d50956cb