Decentralised finance, the 'end of banks' - and what comes next

Steven Sidley believe a revolution is coming to the world of finance, and it could mean the end of banks – at least as we know them.

Dingle and Sidley join TechCentral editor Duncan McLeod to discuss their newly published book on “decentralised finance”, or DeFi, and unpack why they think the staid world of banking is poised for a radical overhaul – one that will lead to the death of financial institutions that don’t adapt to a new world underpinned by cryptography and blockchains., the authors state that “great fortunes will be made and lost” in DeFi’s wake.

Banks, they say, will go through a “painful shudder of reinvention”. They also state that the changes brought about by DeFi will make the trillion-dollar rise of bitcoin look “pedestrian”. It will disrupt and displace companies, and even entire industries, they say. Dingle and Sidley unpack why they believe DeFi is going to usher in the biggest technology-led disruption in a generation and what it ultimately will means for banks, individuals and even nation states.There are many ways to enjoy TechCentral’s podcasts, beyond simply streaming them from the website. The best way is by subscribing to them using an app on your phone, allowing you to listen in the car , at the gym or wherever you happen to be.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

African Development Bank Group pledges $2.8 billion package for SA - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The African Development Bank Group has pledged support for South Africa, announcing a $2.8 billion package for the country over the next five years. Izophinda ityiwe ngamaqabane nalena mali 😰😰😰😰😰 Batyeba oofikile noonozidlelana The comrades are still hungry
Fonte: SABCNews - 🏆 37. / 51 Consulte Mais informação »

Ramaphosa gets boost to R1.2 trillion investment driveThe African Development Bank has committed to investing $2.8 billion (R42.5 billion) in South Africa over the next five years, says president Akinwumi Adesina. Ramaphosa Eskom_SA EskomSpokesper1 does the investors know that Ramaphosa and eskom have sacrificed the poor in townships with load reduction “black man’s blackouts” just for it to seem as though eskom has electricity generation under control?
Fonte: BusinessTechSA - 🏆 24. / 61 Consulte Mais informação »

THE FINANCE GHOST: You can bank on SAOur growth may be nowhere, but underestimate SA’s banking assets at your peril, writes FinanceGhost.
Fonte: FinancialMail - 🏆 20. / 63 Consulte Mais informação »