How Decentralized Lending Works: A Beginner’s Guide The traditional financial system can make it difficult for many people globally to access loans and other credit services. Decentralized lending aims to change this by connecting lenders and borrowers directly using blockchain technology and cryptocurrencies. Disintermediating Credit With Blockchain Decentralized lending disintermediates credit by removing central authorities through peer-to-peer transactions on a blockchain. Borrowers can receive loans from individual lenders all over the world, facilitated by smart...