- DeFi is a current buzzword.
- DeFi promises significant changes to banking and finance.
- Some DeFi functions already exist.
- DeFi maturity is far in the future.
How would you like to be your own banker? How would you like to have the equivalent of credit card function without the exorbitant interest rates that range from 14% to 24%? How would you like to have the payment for the sale of any expensive item placed in escrow before you deliver that item? Think: selling a car, furniture, tools, etc.
Read the full article
Source: https://www.fintechnews.org/defi-and-the-future-of-finance-a-book-review/
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