Article: Is decentralized finance the future or the end of banking as we know it?

Money, Open Governance

Is decentralized finance the future or the end of banking as we know it?

The rapidly growing trend of decentralized finance – also known as DeFi – is progressively gaining the attention of mainstream media, especially as the seemingly parallel world of cryptocurrencies and the blockchain keeps impacting the real economy and the way people make transactions nowadays.

That said, a big step to keep demystifying decentralized finance involves explaining how this trend can shape the banking sector as we know it. With that particular purpose in mind, the following article aims to explain how DeFi can change banking and whether that means – or not – that financial institutions will cease to exist if the technology is adopted at a global scale.

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