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The Times Australia

What is decentralized finance? An expert on bitcoins and blockchains explains the risks and rewards of DeFi

  • Written by: Kevin Werbach, Professor of Legal Studies and Business Ethics, University of Pennsylvania
What is decentralized finance? An expert on bitcoins and blockchains explains the risks and rewards of DeFiBitcoins may finally be good for more than just speculation and making buttons. AP Photo/Frank Jordans

Fervent proponents of cryptocurrencies and the blockchains they run on have promised a lot.

To them, these technologies represent salvation from corporate power over the internet, government intrusions on liberty, poverty and virtually everything...

Read more: What is decentralized finance? An expert on bitcoins and blockchains explains the risks and rewards...

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