What digital banks can learn from decentralised finance

On Yavin and Aj Reardon
Additional contact information
On Yavin: Cointelligence, UK
Aj Reardon: Cointelligence, UK

Journal of Digital Banking, 2021, vol. 5, issue 3, 255-263

Abstract: Although digital banking has improved upon the traditional banking model, it could do more to revolutionise modern finance. Decentralised finance (DeFi) looks to make banking more accessible and more flexible for today’s global population. Banks should look to DeFi to discover ways to improve their own offerings. In this paper we outline the elements of DeFi we feel would be most beneficial if they were incorporated into digital bank offerings and what the potential benefits could be.

Keywords: decentralised finance; DeFi; online banking; distributed ledger technology; Blockchain (search for similar items in EconPapers)
JEL-codes: E5 G2 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:aza:jdb000:y:2021:v:5:i:3:p:255-263

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