Thursday, October 10, 2024

Who, what, and how is organized in a world without borders and governed by code? by CoinTelegraph

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DeFi: Who, What and How to Organize in a Borderless and Code-Governed World?

Hold your hat, boys and girls! It’s a new world: a financial system without intermediaries, which anyone can access around the clock with just a mobile phone and wallet. As Julien Boutroslob told me:

“At DeFi, what we build is fully decentralized, fully transparent, and math-driven technology. Nobody can beat that.”

  • Arca Labs collaborates with Securitize to create regulated and tokenized financial products

He also said, “We build on the research work, 40 years of research, basic research, discrete mathematics built and put into chains and no one can beat it. You can’t beat that. GitHub didn’t exist in the ’90s. First of all, The fact that we are going at the speed of light because everything is open source, and everyone can participate.”

  • Related Topics: DeFi Literacy: Universities Embrace DeFi Education

Novum Insights reported in August that since 2020, the DeFi market has grown 40 times, by that time the total value booked in DeFi was about $61 billion (while TVL’s current value is about $165 billion). The capitalization of Stablecoins, an important part of DeFi, in the first half of 2021 reached $112,000 million.

Read the full article on Cointelegraph

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