Decentralized Applications (DApps)

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DApps are essentially software programs built and hosted on blockchain technology, providing users with various functions through peer-to-peer action rather than depending on traditional intermediaries such as governments or banks. Decentralised apps are frequently used to execute decentralised finance operations.

Sources:

https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary