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Decentralized Finance (DeFi) Blockchain Applications are Changing the World of Banking

What will banking look like in the very near future? Here's a hint: it probably will be completely different than it is today. The advent of blockchain technology promises disruption in just about every industry, and the banking world will certainly not be immune to it. Why? Because when you create an open-source financial services ecosystem that is permission less, fully transparent, immutable, without any central authority, and where users have complete control over their assets, you've built a platform just about anyone can get behind. The term is "Decentralized Banking" (or "Decentralized Finance") and they are terms you should…
January 21, 2020