INFOGRAPHIC: DeFi, ReFi, and DeSci - Breaking down the acronyms
DeFi
What is it?
Decentralized Finance (DeFi) is a catch-all term for decentralized, blockchain-based services that enable basic financial transactions, such as the earning of interest, borrowing of money, storing of cash, and purchasing of insurance.
Examples
ReFi
What is it?
Regenerative Finance (ReFi) is a movement focusing on the power of blockchain and web3 to address climate change, support conservation and biodiversity, and creating a more equitable and sustainable financial system.
Examples
DeSci
What is it?
Decentralized Science (DeSci) is a movement dedicated to using blockchain and web3 to advance scientific research and development, and to drive greater transparency and decentralization in scientific R&D.
Examples:
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