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Home > Exponential View with Azeem Azhar > Banking without Banks: Decentralized Finance is Coming
Podcast: Exponential View with Azeem Azhar
Episode:

Banking without Banks: Decentralized Finance is Coming
Category: Technology
Duration: 00:48:57
Publish Date: 2021-06-02 13:56:51
Description:

Could we have a financial industry without banks or brokers? That’s the vision of decentralized finance – or DeFi – in which financial products are built from tamper-proof digital smart contracts interacting with blockchains. Sergey Nazarov, co-founder of Chainlink, joins Azeem Azhar to explore the promise of this emerging sector to bring greater transparency, control, and yield for both customers and businesses.

They also discuss:

  • How blockchains and smart contracts work together to reconfigure the fundamentals of finance, as we currently experience it.
  • Why the outrage felt by Robinhood users (when trading in GameStop was paused) reveals an underlying weakness in traditional finance.
  • What blockchain oracles are, and how Chainlink is using them to build the decentralized infrastructure that will enable the widespread adoption of DeFi products and cryptocurrencies.

@SergeyNazarov
@azeem
@exponentialview
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