One significant difference between DeFi and traditional finance is their survival conditions. In traditional finance, survival depends on factors such as the global financial environment, government policies, international situations, large financial institutions' strength and authority. However, decentralized finance's survival depends on the strength and reliability of its protocols, cryptography, and smart contracts. DeFi is less vulnerable to external factors, making it more stable and resilient.

The process of applying for loans is very different in DeFi and traditional finance. In traditional finance, the process involves providing personal information used as a reference for subjective evaluation standards, while DeFi's entire process is fully automated and decentralized.

In traditional finance, credit ratings depend on subjective evaluations and involves tedious procedures with significant uncertainties. In DeFi, a low-risk environment is created by pooling assets which borrowers can use to obtain loans in a way similar to collateral loans. This means that individuals and companies worldwide can access loans without geographical, policy, or national limitations.

Farad is a DeFi platform that aims to create a parallel functional system for professional investors globally with a need for investment configuration in the digital currency secondary market. Farad brings its assets together, enabling lenders to earn interest on their loans while borrowers can access affordable credit. Unlike traditional finance, Farad leverages the blockchain technology to create a decentralized asset management platform.

In summary, DeFi operates on decentralized networks, is less vulnerable to external factors, has a fully automated and decentralized process of applying for loans, provides low-risk environments, and has no geographical, policy, or national limitations for individuals and companies seeking loans. Farad is a DeFi platform that creates a decentralized asset management platform, bringing its assets together to provide lenders with an opportunity to earn interest while borrowers can access affordable credit.