How does DeFi development improve financial transparency?
Transparency is a core feature of DeFi development because transactions and smart contract code are recorded on public blockchains. Anyone can verify how funds move and how protocols operate. This openness reduces the risk of manipulation and hidden fees. Unlike traditional finance, where internal processes are opaque, DeFi platforms allow users to independently audit activity. This level of transparency builds trust and encourages broader adoption of decentralized financial services.
Learn More: https://www.blockchainappfactory.com/decentralized-finance-defi-development
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