Decentralized Finance (DeFi)
Craig Calcaterra, Wulf A. Kaal · 2021
Chapter ) discusses the role of finance in the evolution of decentralized systems. In the 9:9:s, the market for DeFi has started to take off but fully decentralized DeFi solutions still have a long way to go. Because the decentralized economy is still missing the major institutions that society relies on to conduct profitable business, especially a secure and meaningful system for evaluating reputation for anonymous suprana- tional partners, and an effective and dynamic governance system, it will not be able to fully proliferate until these systems have established themselves. Once these core decentralized infrastructure products become available, the decentralized economy becomes viable. Key indicators include cryptocurrency being used in authentic trans- actions such as insurance and equities in broad segments of industry and the tokeni- zation of commodities and properties in a mainstream environment. The book can be accessed here: https://www.amazon.com/Decentralization-Technologies-Organizational-Societal-Struc- ture/dp/3110673924/ and here: https://www.degruyter.com/view/title/569051 Chapter 6. Finance “Finance is not merely about making money. It’s about achieving our deep goals and protecting the fruits of our labor. It’s about stewardship and, therefore, about achieving the good society.” – Robert J. Shiller Decentralized finance (deFi) has been the goal of blockchains since their inception with Bitcoin. The goal of WebT is to provide intuitive UIs for complex financial tools, unleashing the economic potential of humanity—similar to how Web 9.: tapped into the power of decentralized information. The major financial tools that the WebT Electronic copy available at: https://ssrn.com/abstract=3782216
Cite: Craig Calcaterra, Wulf A. Kaal, Decentralized Finance (DeFi) (2021). SSRN: https://ssrn.com/abstract=3782216. https://doi.org/10.2139/ssrn.3782216
PDF sha256: f1739743aa06bbc1641cd65da790d531b69d8628ea3f5cc3fcad1bf5a1242373