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Discontinued and no counterparty risk: a journey into decentralized finance

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DeFi

A real conceptual change: DeFi is not a system of doing finance, but the research to disintermediate traditional finance

by Stefano Capaccioli and Marco Tullio Giordano

The theme relating to the explosive development of decentralized financial services through the blockchain, smart contracts and cryptocurrencies has already been dealt with repeatedly on these pages.

The so-called DeFi, acronym and contraction of the terms “decentralized finance“Or” decentralized finance “, was in fact one of the phenomena that most interested, together with NftT o non-fungible token, the ecosystem of crypto-asset over the past twelve months.

While these …

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