Why the future state is definitely, maybe DeFi

(Image: Getty)

Wed, 13 Sep 2023

The world of finance is in a state. What state? No one can say for sure, but the future one will almost possibly be governed by decentralised finance, or DeFi, according to technophiles and consultants such as EY. In a 2021 briefing, EY described DeFi as “one of the latest and possibly the most significant milestones in the evolution of internet-based digital assets and finance”. “DeFi is intended to transform the current centralized global financial infrastructure by introducing an internet-based decentral...

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