Disintermediation refers to the removal of intermediaries or middle entities in a transaction process. In traditional finance, intermediaries like banks, brokers, and payment processors facilitate transactions, often adding costs and delays.In the context of cryptocurrency, disintermediation allows users to transact directly with one another through decentralized platforms and blockchain technology. Instead of relying on banks or other financial institutions, individuals can send and receive funds directly, often at lower fees and higher speeds. This approach empowers users by giving them more control over their assets and reducing reliance on centralized authorities. It also enhances privacy and security by minimizing the data shared with intermediaries. However, disintermediation comes with risks, such as lack of customer support and regulatory oversight, which can expose users to fraud or loss of assets. Overall, this shift has the potential to transform financial systems, promoting greater accessibility and efficiency.