The Future of Decentralized Finance

Abstract

Imagine you would be able to take out a loan without having to speak to anyone and even without having a bank account. Also imagine getting an interest of several percentage points on your savings without needing a bank. This is possible in the world of decentralized finance. In this chapter I’m going to take you through the concept of decentralized finance, its future perspective, and how it relates to the traditional world of finance. I’m devoting a chapter to this subject because I think this concept could disrupt our lives in a major way over the coming years.