Kiln Finance Urges DeFi Collaboration for Greater Security at Chainlink SmartCon

Speaking at the Chainlink SmartCon event, Kiln Finance’s Laszlo Szabo emphasized the need for decentralized finance firms to cooperate in creating a safer ecosystem.

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Terms & Concepts
  • DeFi: Short for decentralized finance, it refers to blockchain-based financial services without traditional intermediaries like banks.
  • Chainlink SmartCon: An annual conference organized by Chainlink, focusing on blockchain, smart contracts, and decentralized technology.
  • Smart Contract: Self-executing blockchain code that automatically enforces the terms of an agreement.