DeFi is Evolving Cryptocurrency into a Unity

The term ‘DeFi’ - short for Decentralized Finance - is relatively new but has become very popular in the crypto world. This has led many to classify DeFi as an offshoot of cryptocurrency but this may not be so true as the idea of Decentralized Finance was actually a major inspiration for the creation of cryptocurrencies.

Also, the recent proliferation of DeFi apps is growing cryptocurrency technology into a universe of interconnected, scalable entities with real world applications. This means that cryptocurrencies which were initially more like digital toys isolated to their individual blockchains are actively being linked together into a full fledged internet of things.

Check out this article which exposes the shared history of Defi and cryptocurrency and highlights how the former may be growing the later into web 3.0. What are your thoughts?