DeFiChain is a decentralised blockchain platform launched in 2020, specifically designed to enable decentralised finance (DeFi) services on the Bitcoin blockchain. Its primary mission is to bring full DeFi capabilities to the Bitcoin network, offering fast, intelligent, and transparent financial services without requiring intermediaries. DeFiChain operates on a hybrid Proof-of-Stake and Proof-of-Work consensus mechanism, allowing users to participate in a robust ecosystem while benefiting from Bitcoin's security. The platform supports a range of financial operations including lending, borrowing, and creating tokenized assets, while aiming for high throughput and reduced transaction costs. DeFiChain's strategic design includes features like liquidity mining, decentralised governance, and a focus on interoperability, making it an attractive option for users looking to leverage Bitcoin's security in a DeFi setting.