===== Application Layer ===== [[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]] - In [[dido:public:ra:xapend:xapend.a_glossary:o:osi]], the **Application Layer** of the seven-layer [[dido:public:ra:xapend:xapend.a_glossary:o:osi]] is the top layer that approaches protocols for [[dido:public:ra:xapend:xapend.a_glossary:a:application|application]] interaction with the network. With a focus on end-user services, the application layer helps to facilitate process-to-process connections over [[dido:public:ra:xapend:xapend.a_glossary:i:ip]]. Source: [[https://www.techopedia.com/definition/6006/application-layer | Application Layer ]] - In [[dido:public:ra:1.2_views:2_tech_views:defilayers | Decentralized Finance (DeFi)]], the **Application Layer** as the name indicates, is where consumer-facing applications reside. These applications abstract underlying protocols into simple consumer-focused services. Most common applications in the [[dido:public:ra:xapend:xapend.a_glossary:c:cryptocurrency|cryptocurrency]] ecosystem, such as decentralized cryptocurrency exchanges and lending services, reside on this layer.(( Rakesh Sharma, Investopedia, 24 March 2021, __Decentralized Finance (DeFi) Definition__, Accessed 24 May 2021, [[https://www.investopedia.com/decentralized-finance-defi-5113835]] )) Source: [[https://www.investopedia.com/decentralized-finance-defi-5113835]]