Perinteisten pankkien strategiset vastaukset hajautetun rahoituksen disruptioon

Abstract

Decentralized Finance (DeFi) is not merely a new competing technology as it challenges the core principle of traditional banking by eliminating the bank's role as an intermediary in financial services. This thesis establishes a foundation by examining DeFi technology and analyzing the specific areas of banking where its disruptive impact is most significant. Through a literature review and case examples, the study examines the strategic responses traditional banks have developed to address the disruption caused by DeFi technology. The research indicates that the threat of banks being displaced is unfounded; rather, the most likely scenario is strategic adaptation. Banks have responded to the DeFi challenge in various ways, including developing their own private blockchain-based platforms and tokenizing assets (Real-World Asset tokenization). Meanwhile, central banks have begun researching and developing the launch of Central Bank Digital Currencies (CBDCs). Additionally, regulatory authorities have responded to DeFi disruption by tightening the associated regulatory environment. The thesis concludes that banks are not competing directly with open DeFi; instead, they are integrating its technological benefits, such as automation and efficiency, into their regulated operations. The future financial system appears as a model of coexistence that combines the technological innovation of DeFi with the institutional trust of banks.