Web3 is revolutionizing finance with its decentralized, transparent, and user-focused approach powered by blockchain, smart contracts, and dApps. Unlike Web1 and Web2, Web3 removes intermediaries, lowers costs, and speeds up transactions. It also promotes financial inclusion, offering services to 1.7 billion unbanked adults worldwide. Platforms like 8LENDS DeFi are a prime example of this innovation, enabling users to access decentralized financial services efficiently and securely.
Continue.. Revolutionizing finance: the impact of Web3 and DeFi