Banking devoid of Banking companies: Decentralized Finance is Coming

June 02, 2021

Could we have a money field without the need of financial institutions or brokers? Which is the eyesight of decentralized finance – or DeFi – in which economic merchandise are crafted from tamper-proof electronic clever contracts interacting with blockchains. Sergey Nazarov, co-founder of Chainlink, joins Azeem Azhar to examine the guarantee of this rising sector to provide greater transparency, manage, and yield for equally clients and companies.

They also explore:

  • How blockchains and intelligent contracts operate collectively to reconfigure the fundamentals of finance, as we at the moment practical experience it.
  • Why the outrage felt by Robinhood end users (when trading in GameStop was paused) reveals an fundamental weak spot in traditional finance.
  • What blockchain oracles are, and how Chainlink is employing them to build the decentralized infrastructure that will permit the popular adoption of DeFi merchandise and cryptocurrencies.


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