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Why DeFi matters : what cryptoassets, web3 and the metaverse really mean for finance / Ian Horne.

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Format:
Book
Author/Creator:
Horne, Ian (Writer on finance), author.
Contributor:
ProQuest ebook central
Language:
English
Subjects (All):
Finance--Technological innovations.
Finance.
Cryptocurrencies.
Physical Description:
1 online resource (xiv, 258 pages)
Other Title:
What cryptoassets, Web3 and the metaverse really mean for finance
Place of Publication:
London, United Kingdom ; New York, NY : Kogan Page Limited, 2023.
Contents:
Cover
Contents
About the author
Preface
Acknowledgements
01 Crypto and DeFi: Why now, and what exactly is it?
2008
The birth of bitcoin and a global financial crisis
Enter bitcoin: The first major cryptocurrency
The next decade: Between bitcoin and DeFi
References
02 Ethereum and DeFi: The creation of crypto's financial ecosystem
How dApps and ICOs changed the game
DeFi begins!
2022
A year of reckoning
Where do we go from here?
03 Key DeFi terms
Proof-of-stake (PoS)
Gas fees
Stablecoins
Exchanges: AMMs vs centralized exchanges
Front running
Flash loans
Altcoins and memecoins
Tokenization
Types of blockchain
Forking
Cryptocurrency mixers
Sharding
Layers of blockchain networks
Crypto wallets
Oracles
04 What does DeFi do?
DeFi protocols: A starting point for mass financialization
Types of protocol
What is the impact of DeFi protocols?
05 DAOs: The organizational framework for DeFi
Centralization and the introduction of DAOs
How DAOs work
DAO voting mechanisms
Are DAOs legally recognized?
Why DAO governance can be a murky issue
How DAOs are being used
DAOs and DeFi
06 NFTs: Beyond the hype
Why are we discussing them?
The next phase for NFTs
It's all about identity
Who owns NFTs and why
NFTfi
What does it all mean?
07 Virtually financial: The metaverse, web3 and the gamification of DeFi
Defining the metaverse
Where's the blockchain?
What's happening right now?
The costs of using tech platforms
DeFi: Chasing the multi-trillion dollar dream
The future for DeFi in the metaverse
References
08 TradFi enters the market: Game over for the decentralized dream?
Institutional investing in DeFi
Which organizations are embracing blockchain and crypto?
A tokenized future
What does all of this mean?
09 CBDCs: The central bank's answer to crypto
Retail vs wholesale
Disintermediation in the age of CBDCs?
International efforts to set standards for crypto and DeFi
International frameworks for regulation
What happens next?
10 The long road ahead: Can DeFi fulfil its promise?
Does DeFi stand for anything?
Is it destroying the planet?
Is crypto really inclusive?
The concentration of crypto ownership
Is it even decentralized?
Towards a better future
Can regulation help crypto?
Between legality and morality
11 Why does DeFi matter? Concluding thoughts
DeFi and crypto have transformed money
Implications for traditional finance
The importance of economic sovereignty
Widening and persisting inequalities in wealth and access
NFTs, artworks and financialization
The myth of perfect money
Index
Notes:
Includes bibliographical references and index.
Electronic reproduction. Ann Arbor, MI Available via World Wide Web.
Description based on online resource; title from digital title page (viewed on October 24, 2023).
Other Format:
Print version: Horne, Ian Why DeFi matters
ISBN:
9781398612945
1398612944
Publisher Number:
40031975790
Access Restriction:
Restricted for use by site license.

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