Decentralized Finance and the End of Traditional Banking.

Format:

Book

Author/Creator:

Gagandeep.

Contributor:

Verma, Jyoti.

Singh, Amandeep.

Language:

English

Subjects (All):

Finance--Technological innovations.

Finance.

Physical Description:

1 online resource (388 pages)

Edition:

1st ed.

Place of Publication:

Newark : John Wiley & Sons, Incorporated, 2025.

Summary:

This book provides the essential knowledge needed to navigate the revolutionary future of finance with confidence through its comprehensive and accessible exploration of decentralized finance.

Contents:

Cover

Series Page

Title Page

Copyright Page

Contents

Preface

Part I: Fundamentals of Cryptocurrency and Blockchain Technology

Chapter 1 Introduction to Cryptocurrency and Blockchain

1.1 Introduction

1.2 Introduction to Blockchain

1.2.1 Meaning of Blockchain Technology

1.2.2 Development of Blockchain Technology

1.2.3 Key Aspects of Blockchain Technology

1.2.4 Adoption of Blockchain Technology

1.2.5 The Issues Related to Blockchain Technology

1.3 Introduction to Cryptocurrency

1.3.1 Characteristics of Cryptocurrency

1.3.2 Comparison of Cryptocurrency with Other Assets

1.3.3 Features of the Indian Crypto Market

1.3.4 Indian Cryptocurrency Market Development and History

1.3.5 Indian Crypto Exchanges

1.3.6 Regulation of Cryptocurrency Market in India

1.3.7 Impact of Indian Cryptocurrency Market

1.4 Bitcoin

1.5 Conclusion

References

Chapter 2 A Journey Into the World of Cryptocurrency and Bitcoin Technology

2.1 Introduction

2.2 Statement of Problem

2.3 Literature Review

2.4 Cryptocurrency

2.5 Characteristics of Cryptocurrency

2.6 Problems Associated with Traditional Banking

2.7 Evolution of Cryptocurrency

2.8 Major Phases of Bitcoin (Cryptocurrency) Development

2.9 Cryptocurrency Proven as Solution to the Problem of Tradition Financial System

2.10 Advantages of Cryptocurrency

2.11 Categories of Cryptocurrency and Their Applications

2.12 The Implications of Cryptocurrency

2.13 Challenges

2.14 Conclusion

Part II: Evolution and Disruption in Finance

Chapter 3 Traditional Finance vs. Decentralized Finance: A Comparative Analysis

3.1 Introduction

3.1.1 Traditional Approach to Financial Management

3.2 The Modern Approach to Financial Management

3.3 Alternative Financing and Risks

3.4 Crowdfunding.

3.5 Traditional Finance Theory and Decision-Making Models

3.6 Decentralized Finance

3.6.1 Main Components of DeFi

3.6.2 Benefits of DeFi

3.6.3 Risks and Limitations in DeFi

3.6.4 Key Metrics

3.7 Decentralized Finance and Traditional Finance

3.7.1 The Main Distinctions Are

3.8 Identifying and Managing Risk in Decentralized Finance

3.9 Conclusion

Chapter 4 Traditional Banking to Digital Banking: Technological Transformation, Trends and Disruptions

4.1 Introduction

4.2 Review of Literature

4.3 Objectives

4.4 Methodology

4.5 Transformation of Banking Sector: A Way to Digital Banking

4.5.1 Phase 1 (1991-2000): Liberalization and Modernization

4.5.2 Phase 2: Digital Integration and Financial Inclusion (2000-2010)

4.5.3 Phase 3: FinTech Disruption and Innovation (2010-2020)

4.5.4 Phase 4: Consolidation and Future Outlook (2020 onward)

4.5.5 Competitive Rivalry

4.5.6 Adoption of Latest Technology

4.5.7 Market Positioning

4.6 Trends in Digital Banking

4.6.1 Mobile Banking

4.6.2 Digital Wallet

4.6.3 Social Media

4.6.4 Biometrics

4.6.5 Cloud

4.6.6 Peer-to Peer (P2P) Lending and Payments

4.6.7 Blockchain

4.7 Challenges of Digital Banking

4.7.1 Cybersecurity Issues

4.7.2 Customer Education and Adoption

4.7.3 Regulatory Compliance

4.7.4 Technical Infrastructure and Integration

4.7.5 Customer Trust and Data Privacy

4.7.6 Operational Resilience

4.8 Conclusion

Chapter 5 The Meltdown Effect: Financial Crises and the Global Economic Ripple

5.1 Introduction

5.1.1 Background

5.1.2 The Question and Problem of Research

5.1.3 Importance of the Research

5.2 Anatomy of Financial Crises

5.3 Historical Case Studies

5.4 Global Economic Impact

5.5 Policy Responses and Mitigation Strategies.

5.6 Global Resilience and Recovery

5.6.1 Resilience Factors

5.6.2 Global Recovery Efforts

5.7 Conclusion

Part III: The Prospective of Decentralized Finance and Its Components

Chapter 6 The Prospective of Decentralized Finance and Its Impact on Traditional Banking

6.1 Introduction to Decentralized Finance

6.2 Market Size of Decentralized Finance Market

6.3 Brief Historical Background of DeFi

6.4 Key Features

6.5 Concept of Smart Contracts

6.6 Key Applications of Smart Contracts

6.7 Adaptability of Decentralized Finance Across the Globe

6.8 Some Other Types of Financial Systems

6.9 Benefits of Decentralized Finance

6.10 Risks and Challenges Posed by Decentralized Finance

6.11 Opportunities of Decentralized Finance in the Banking World

6.12 Conclusion

Chapter 7 Exploring the Effectiveness of Centralized Exchange and Decentralized Exchange for Cryptocurrency Trading in the World of DeFi for Sustainable Finance

7.1 Introduction

7.2 Decentralized Applications (dApps) Categories

7.3 Centralized vs Decentralized Finance

7.4 Comparison of Traditional Financial System and Decentralized Finance System

7.5 Centralized Exchange vs Decentralized Exchange

7.5.1 Decentralized Exchange

7.5.2 Centralized Exchange

7.6 Conclusion

Chapter 8 Crypto Airdrops: Marketing Tool for Cryptocurrency Markets

8.1 Introduction

8.2 Concept of "Crypto Airdrops"

8.3 Crypto Airdrops: A Marketing Tool

8.4 Discussion

8.5 Concluding Remarks

Chapter 9 Unlocking the Power of Decentralized Exchanges: A Financial Paradigm Shift

9.1 Background

9.2 Decentralized Exchanges (DEXs)

9.2.1 Core Principles of Decentralized Exchanges

9.2.2 Types of Decentralized Exchanges.

9.3 Comparative Analysis Between Decentralized Exchanges and Centralized Exchanges

9.4 Advantages of Decentralized Exchanges (DEXs)

9.5 Growing Trend of Decentralized Exchanges

9.6 Challenges and Risks Associated with DEXs

9.7 Implications for the Global Economic System

9.8 Conclusion

Chapter 10 Stablecoins: The Cornerstone of DeFi

10.1 Introduction

10.2 Types of Stablecoins

10.2.1 Fiat-Backed Stablecoins

10.2.2 Crypto-Backed Stablecoins

10.2.3 Algorithmic Stablecoins

10.3 Importance of DeFi

10.4 Use Cases in DeFi Protocols

10.5 Challenges and Risks with Stablecoins

10.6 Future Developments

10.7 Conclusion

Chapter 11 Tokenization of Stable Assets to Cryptocurrency: Transformation of Traditional Investments and Trading to Digital Financing

11.1 Introduction

11.2 Traditional Investment and Trading Opportunities

11.2.1 Based on Financial Assets

11.2.2 Based on Physical Assets

11.2.3 Based on Marketable Assets

11.3 Trust and Transparency in Blockchain Technology

11.4 Growth of Cryptocurrency

11.5 Financial Freedom and Asset Growth Opportunity

11.6 Stable and Altcoins

11.7 Factors Affecting Investment Behaviors

11.8 Role of Speculators and Traders in Volatility

11.9 Stock Trading and Crypto Trading

11.10 Machine Learning Techniques in Price Predictions

11.11 Global and Emerging Economy Millennial Investment Interests

11.12 Implications

11.13 Conclusion with Future Research

Part IV: Governance, Future of Banking and Consumer Perspectives

Chapter 12 Decentralized Finance's Governance-A Review of Decentralized Autonomous Organizations

12.1 Introduction

12.2 Evidence and Consequences of Unregulated Governance

12.3 Essential Elements of DeFi Governance

12.4 Decentralized Autonomous Organizations (DAOs).

12.4.1 Leading DeFi DAOs: Maker DAO

12.4.2 The Voting Procedure and Governance Structure of Maker

12.4.3 Leading DeFi DAOs: Synthetix

12.4.4 The Leading DeFi DAO: Metronome

12.5 Governance Tokens' Role in DeFi

12.5.1 veTokens

12.5.2 Case Studies in DeFi Governance

12.6 Challenges and Future for DeFi Governance

12.7 Implications for Managers and Practitioners

12.8 Conclusion

Chapter 13 Unified Payment Interface (UPI): An Analytical Dissection of the Current Framework and Future Scope of Introducing a Charge-per-Transaction Model

13.1 Introduction

13.2 The Current State of UPI

13.3 How the UPI Infrastructure Works

13.4 How UPI Dethroned the Status Quo

13.5 Analyzing the Cost of Running the UPI System

13.6 Exploring the Possibility of an MDR System

13.7 Conclusion

Chapter 14 Perspectives of Consumers Toward Cashless Transactions

14.1 Introduction

14.2 Cashless Payment Methods

14.3 Current Status of Cashless Economy on a Global Level

14.4 Importance of Cashless Transactions

14.5 Challenges to Cashless Transactions

14.6 Digital Payment Development

14.7 Perspectives of Consumers Toward Cashless Transactions

14.8 Recommendations

14.9 Scope of Future Research

14.10 Conclusion

Chapter 15 Bitcoin Ascent: Fueling the DeFi Revolution

15.1 Introduction

15.1.1 Definition of Bitcoin

15.1.2 Blockchain Technology

15.1.3 Decentralization

15.1.4 Mining

15.1.5 Bitcoin Wallets

15.1.6 Bitcoin Transactions

15.1.7 Supply Limit

15.1.8 Volatility and Price

15.1.9 Use Cases

15.1.10 Adoption and Regulation

15.2 Pre-Bitcoin Financial Landscape

15.2.1 Centralized and Traditional Finance

15.3 Glimpse About Bitcoin

15.3.1 Whitepaper Publication (August 2008)

15.3.2 Genesis Block and Mining Begins.

15.3.3 First Bitcoin Transaction.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

1-394-27180-8

1-394-27179-4

OCLC:

1535403053