DeFi (decentralised finance) is a burgeoning sector that has the potential to completely overturn traditional processes in the financials space. It is predicated on the ethos of building a better financial system that circumvents client blacklists, inequality of service provision, geo-blocking, credit scores and paperwork, perhaps implying a disregard for the potential benefits of the current system (not least KYC and AML). Anonymously circumventing the current financial system is not sustainabl ....

18 Aug 2021
finn-ancial Times - finnCap Financials & Insurance quarterly sector note

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finn-ancial Times - finnCap Financials & Insurance quarterly sector note
- Published:
18 Aug 2021 -
Author:
Cavendish Research -
Pages:
35 -
DeFi (decentralised finance) is a burgeoning sector that has the potential to completely overturn traditional processes in the financials space. It is predicated on the ethos of building a better financial system that circumvents client blacklists, inequality of service provision, geo-blocking, credit scores and paperwork, perhaps implying a disregard for the potential benefits of the current system (not least KYC and AML). Anonymously circumventing the current financial system is not sustainabl ....