| Description |
1 online resource (xviii, 252 pages) : illustrations (chiefly color) |
| Contents |
What Is DeFi? -- Infrastructure and Instruments -- Activities and Applications -- Risks and Mitigation -- Regulation -- Central Bank Digital Currencies -- Asset Tokenization -- Deposit Tokens -- Institutional DeFi |
| Summary |
"Kenneth Bok explores the current state of decentralized finance (DeFi). As distributed ledger technology (DLT) increasingly optimizes and democratizes financial ecosystems worldwide, this book serves as a guide to the most salient aspects of the ongoing transformation. The text delves into both crypto-native DeFi and DLT applications in regulated financial markets, providing: Comprehensive analysis of crypto-native DeFi across key areas such as its competitive landscape, infrastructure, financial instruments, activities, and applications; Coverage of key risks, mitigation strategies, and regulatory frameworks, analyzed through the perspective of international financial standard-setting bodies; Insight into how DLT is reshaping traditional financial systems through innovations like central bank digital currencies (CBDCs), tokenized assets, tokenized deposits, and institutional-grade DeFi platforms"-- Provided by the publisher |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Description based on online resource; title from digital title page (viewed on January 17, 2024) |
| Subject |
Financial institutions -- Effect of technological innovations on.
|
|
Financial services industry -- Technological innovations
|
|
Finance -- Technological innovations
|
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Digital currency.
|
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Finance -- Technological innovations
|
| Form |
Electronic book
|
| LC no. |
2023052277 |
| ISBN |
9781394154982 |
|
1394154984 |
|
9781394154999 |
|
1394154992 |
|
