Free Download Decentralized Finance: The Impact of Blockchain-Based Financial Innovations on Entrepreneurship
English | 2024 | ISBN: 3031495144 | 201 Pages | PDF EPUB (True) | 16 MB
Decentralized finance (DF) is a system for exchanging value without centralized intermediaries. It relies heavily on peer-to-peer lending and borrowing, decentralized exchanges, trustless systems, and blockchain. Decentralized Finance is seen as a disruptive technology that could replace traditional financial systems in the future due to its advantages of being inclusive, non-discriminatory, resilient to risk management failures, cost-effective for lenders and borrowers to access the system and more efficient in terms of financial intermediation through automated trustless systems.