Decentralized Finance: present and future

What is Cryptocurrency?

"Any form of currency that only exists digitally, that usually has no central issuing or regulating authority but instead uses a decentralized system to record transactions and manage the issuance of new units, and that relies on cryptography to prevent counterfeiting and fraudulent transactions". Cryptocurrencies are based on a blockchain technology, also known as a distributed ledger. Due to the decentralised nature, the currencies are thought to be resistant to government manipulation and interference.