Adventures in DeFi-land.

The article focuses on the impact of decentralised finance (DeFi-) on decentralised economy. It mentions that the problems of DeFi-not just the energy intensity of blockchains but the rampant speculation, the potential to be flooded with dirty money and the apparent resistance to regulation-all stan...

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Bibliographic Details
Published in:Economist Vol. 440; no. 9263; pp. 17 - 21
Format: Article
Published: Economist Newspaper Limited 9/18/2021
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Online Access:View this record in EBSCOhost
Description
Summary:The article focuses on the impact of decentralised finance (DeFi-) on decentralised economy. It mentions that the problems of DeFi-not just the energy intensity of blockchains but the rampant speculation, the potential to be flooded with dirty money and the apparent resistance to regulation-all stand to deter mass adoption. It also mentions that the promise of DeFi is that it could lead to a better kind of finance.