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What digital banks can learn from decentralised finance
Journal of Digital Banking,
5
(3),
255-263
(2021)
Abstract
Although digital banking has improved upon the traditional banking model, it could do more to revolutionise modern finance. Decentralised finance (DeFi) looks to make banking more accessible and more flexible for today’s global population. Banks should look to DeFi to discover ways to improve their own offerings. In this paper we outline the elements of DeFi we feel would be most beneficial if they were incorporated into digital bank offerings and what the potential benefits could be.
Keywords: decentralised finance; DeFi; online banking; distributed ledger technology; Blockchain
The full article is available to subscribers to the journal.
Author's Biography
On Yavin is the founder and CEO of Cointelligence. Since 2017 he has been dedicated to championing cryptocurrency and the Blockchain and calling out bad actors on the scene. On works tirelessly to build the cryptocurrency community, bank the unbanked, fight corruption and make education accessible to people around the world.
Aj Reardon is the chief editor at Cointelligence. In addition to editing, she regularly creates content to be published on Cointelligence, shedding light on scams in the industry or highlighting recent events. She is passionate about education and believes that everyone should be empowered to learn and engage in self-improvement.
