What is decentralized finance? An expert explains

Aug 10, 2021

blockchain bitcoin decentralized finance economy online cryptocurrency technology economics regulation government banks policy intermediary

Bitcoins may finally be good for more than just speculation and making buttons. Image: Unsplash/André François McKenzie

Kevin Werbach

Professor of Legal Studies and Business Ethics and Director, Blockchain and Digital Asset Project, Wharton School, University of Pennsylvania

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What is the World Economic Forum doing about blockchain in supply chains?

blockchain bitcoin decentralized finance economy online cryptocurrency technology economics regulation government banks

Bitcoin can be used as collateral to borrow money using DeFi. Image: AP Photo/Charles Krupa

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Treasury Secretary Janet Yellen and other policymakers are considering ways to regulate decentralized finance. Image: AP Photo/Virginia Mayo

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