Frankfurt, New York In the US and Europe, the Future of the money industry explored: Decentralized digital networks that run under the Term DeFi be summarized, promise a more transparent and efficient financial system.
DeFi stands for “Decentralized Finance” and is based on the blockchain database technology, which is also behind Bitcoin and other digital currencies.
An important component are automatically expiring contracts, so-called “Smart Contracts”. The goal is a decentralized financial system that does or at least could do without intermediaries such as banks, insurers or stock exchanges.
The big banks are already watching the development of this ecosystem with eagle eyes. At the same time, it is growing among regulators Fear of a new shadow banking system.
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But is DeFi actually a real innovation or just the next hype in the crypto world? The Handelsblatt addresses this question in the digital dossier on the subject of “Decentralized Finance”.
CONTENTS
Decentralized networks: crypto revolution in the financial markets
Young companies from the crypto world are building a decentralized network that could make the old financial giants superfluous. The guards are alerted
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Risky interest rate promises from the crypto world
Crypto lending is booming. But the applications are complicated – and they are fraught with risks.
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Self-experiment with blockchain: “You are now in the wild west of the financial system”
Our correspondent goes on the hunt for returns in the crypto world: the log of an odyssey through the decentralized networks.
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Decentralized Exchanges: How Uniswap and Co. are building a counter-concept to Wall Street
One component of the decentralized financial system are trading platforms that function without intermediaries. But the principle also harbors risks.
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“Yield Farming”: This is how the return machine works in the decentralized financial system
Exchange and lend digital currencies – attractive returns can be earned in the crypto world. But that’s not for the faint of heart.
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“DeFi will not disappear”: Young banks want to make the crypto world socially acceptable
Sygnum or Avanti believe that the decentralized financial system only works if you combine it with the strengths of conventional banks. This is also shown by the example of the US billionaire Cuban.
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Stablecoins are the lubricant of the DeFi world
Cryptocurrencies of stable value, so-called stablecoins, have seen a rapid rise. But risks remain.
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The defibrillator industry is alarming regulators around the world
Supervisors look with concern at the decentralized financial system. However, many of the proposed controls have so far been easily avoided by the actors.
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These regions attract crypto firms
With new laws and tax advantages for crypto trading, countries and US states want to become DeFi paradises and benefit from the blockchain boom.
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