DeFi and the Future of Finance

SKU: PR98388

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Discover the groundbreaking insights in 'DeFi and the Future of Finance,' a pivotal title for anyone curious about the evolution of finance through Decentralized Finance (DeFi). Written by esteemed authors Campbell R. Harvey, Ashwin Ramachandran, and Joey Santoro, this comprehensive book delves into the pressing issues that arose during the Global Financial Crisis of 2008, prompting essential questions about our financial infrastructure. Why are bank transaction times slow? How can we reduce exorbitant credit card fees? And why do traditional banks make it challenging for entrepreneurs to secure financing? DeFi presents innovative solutions to these problems, enabling peer-to-peer interactions and eliminating the traditional financial middlemen that impose hefty costs.

This 2021 publication from John Wiley & Sons Inc (ISBN: 9781119836018) explores transformative protocols like Uniswap and Compound, which are set to revolutionize how we think about trading, lending, and savings. With 208 pages of in-depth analysis, this book is essential reading for anyone looking to grasp the future of finance in the context of rapid technological changes. Empower yourself with knowledge and stay ahead in the fast-paced world of DeFi.

Shipping for this item is free! Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled. Condition: BRAND NEW.

Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.

Condition: BRAND NEW
ISBN: 9781119836018
Year: 2021
Publisher: John Wiley & Sons Inc (US)
Pages: 208


Description:


During the Global Financial Crisis in 2008, our financial infrastructure failed.


Govern­ments bailed out the very institutions that let the economy down. This episode spurred a serious rethink of our financial system. Does it make any sense that it takes two days to settle a stock transaction? Why do retailers, operating on razor thin margins, have to pay 3% for every customer credit card swipe? Why does it take two days to transfer money from a bank account to a brokerage”or any other company? Why are savings rates miniscule or negative? Why is it so difficult for entrepreneurs to get financ­ing at traditional banks?


In DeFi and the Future of Finance, Campbell R. Harvey, Ashwin Ramachandran and Joey Santoro, introduce the new world of Decen­tralized Finance. The book argues that the current financial landscape is ripe for dis­ruption and we are seeing, in real time, the reinvention of finance.


The authors provide the reader with a clear assessment of the problems with the current financial system and how DeFi solves many of these problems. The essence of DeFi is that we interact with peers”there is no brick and mortar and all of the associated costs. Savings and lending are reinvented. Trading takes place with algorithms far re­moved from traditional brokerages.


The book conducts a deep dive on some of the most innovative protocols such as Uniswap and Compound. Many of the companies featured in the book you might not have heard of”however, you will in the future.


As with any new technology, there are a myriad of risks and the authors carefully ca

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