The current global financial system has created enormous amounts of wealth for the people with resources, knowledge & access to the financial centers around the world. At the same time, events like the housing crisis of 2008-09 has not only caused massive hardships for the common man & rich alike, it has eroded the confidence of the general populace in the current system. Until the above mentioned financial crisis happened, there wasn’t an alternative to the shaky centralized financial system, but in the last decade a new decentralized financial model has emerged – one which has been enabled by technology,…...
The Emergence of Decentralized Finance
4 min read
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