Distributed ledgers, bitcoins, blockchains and now “decentralized finance” – DeFi is the latest technology to disrupt the world of financial services. DeFi uses public open-source platforms, like Ethereum, to create contracts for financial transactions, such as applying for loans or buying securities, without the need for intermediaries. In this informative overview, columnist Tatiana Koffman offers financial professionals and digital enthusiasts a look at DeFi’s transformative potential.
About the Author
Tatiana Koffman writes about money, economics and technology for Forbes magazine.