How Smart Contracts and Flash Loans are Revolutionizing the World of DeFi

Smart contracts have emerged as a transformative technology within the realm of blockchain and cryptocurrency. They enable self-executing agreements with the terms of the contract directly written into code, eliminating the need for intermediaries and offering a new level of transparency and security. One innovative application of smart contracts in the decentralized finance (DeFi) space is the concept of flash loans. In this article, we’ll delve into the world of smart contracts and explore how they are used for flash loans.