Decentralization as a Way To Expand the Finance Industry If we truly want to expand the financial services sector, we need to take a look beyond mere economic growth We need to approach that expansion with a human-centered approach that guarantees greater access, more opportunities, and fewer entry barriers for people all over the world
The Opportunities and Dangers of Decentralizing Finance Intermediation contributes to slow settlement cycles, inefficient price discovery, and limitations on market access Financial services markets tend to be highly concentrated, with a few powerful intermediaries exercising significant control and extracting substantial rents
Designing decentralized finance for financial inclusion DeFi can be a powerful tool to enhance financial inclusion—for the unbanked and the underbanked, as well as people living in countries with authoritarian regimes, hyperinflation, and weak financial institutions
Decentralized Finance May Transform How Money is Managed In a world where more people may have access to cell phones 1 than bank accounts, 2 and as the cost and simplicity of access improve, a digitized system of currency may provide people globally
Implications of Decentralized Finance for Competition . . . Decentralized finance (DeFi) — the application of blockchain technology to financial services — has the potential to increase efficiency in financial markets, promote competition, improve access to capital for small businesses and contribute to economic growth
Decentralized Finance: A Potential Paradigm Shift for . . . - IJFMR Decentralized Finance (DeFi) emerges as a potential solution, leveraging blockchain technology to offer an alternative financial ecosystem built on transparency, disintermediation, and accessibility This paper investigates the potential of DeFi in fostering financial inclusion and economic empowerment
DECENTRALIZED FINANCE (DeFi OPPORTUNITIES, CHALLENGES AND . . . Many DeFi systems propose financial incentives in order to promote the creation of liquidity (for trading) or the increase of locked-up collateral (for cred- it) leading to a concentration of coins or tokens in the hands of the main users of the platform