Beyond Bitcoin: Decentralised Finance and the End of Banks

DeFi will disrupt and displace fine and respectable companies,if not entire industries, as it enables all manner of financial transactions to take place directly, person to person, without the involvement of financial institutions. Tech and finance experts Steven Boykey Sidley and Simon Dingle argue that it will redesign the cogs and wheels in the engines of trust and make the remarkable rise of Bitcoin look quaint by comparison.

Format: Paperback / softback
Length: 252 pages
Publication date: 06 January 2022
Publisher: Icon Books

After over a decade of Bitcoin's meteoric rise, which has transitioned from mere speculation and hype to a solid and prominent player in the global asset constellation, a crucial and increasingly pertinent question has emerged. What lies beyond Bitcoin? The answer is decentralized finance (DeFi). Tech and finance experts Steven Boykey Sidley and Simon Dingle contend that DeFi, which empowers individuals to conduct all types of financial transactions directly, peer-to-peer, without the intervention of financial institutions, will fundamentally revamp the trust mechanisms that drive the engines of commerce. This transformative shift will render Bitcoin's remarkable ascent seem quaint in comparison. It has the potential to disrupt and displace established and reputable companies, potentially even entire industries. Sidley and Dingle elucidate the workings of DeFi, introduce the key players and organizations shaping this emerging industry, and predict the likely winners and losers in the forthcoming revolution.

After over a decade of Bitcoin's meteoric rise, which has transitioned from mere speculation and hype to a solid and prominent player in the global asset constellation, a crucial and increasingly pertinent question has emerged. What lies beyond Bitcoin? The answer is decentralized finance (DeFi). Tech and finance experts Steven Boykey Sidley and Simon Dingle contend that DeFi, which empowers individuals to conduct all types of financial transactions directly, peer-to-peer, without the intervention of financial institutions, will fundamentally revamp the trust mechanisms that drive the engines of commerce. This transformative shift will render Bitcoin's remarkable ascent seem quaint in comparison. It has the potential to disrupt and displace established and reputable companies, potentially even entire industries. Sidley and Dingle elucidate the workings of DeFi, introduce the key players and organizations shaping this emerging industry, and predict the likely winners and losers in the forthcoming revolution.

Weight: 198g
Dimension: 130 x 200 x 23 (mm)
ISBN-13: 9781785788307