"During the Global Financial Crisis in 2008, our financial infrastructure failed. Governments bailed out the very institutions that let the economy down. This episode spurred a serious rethink of our financial system. Does it make any sense that it takes two days to settle a stock transaction? Why do retailers, operating on razor thin margins, have to pay 3% for every customer credit card swipe? Why does it take two days to transfer money from a bank account to a brokerage--or any other company? Why are savings rates miniscule or negative? Why is it so difficult for entrepreneurs to get financing at traditional banks? In DeFi and the Future of Finance, Campbell R. Harvey, Ashwin Ramachandran and Joey Santoro, introduce the new world of Decentralized Finance. The book argues that the current financial landscape is ripe for disruption and we are seeing, in real time, the reinvention of finance. The authors provide the reader with a clear assessment of the problems with the current financial system and how DeFi solves many of these problems. The essence of DeFi is that we interact with peers--there is no brick and mortar and all of the associated costs. Savings and lending are reinvented. Trading takes place with algorithms far removed from traditional brokerages. The book conducts a deep dive on some of the most innovative protocols such as Uniswap and Compound. Many of the companies featured in the book you might not have heard of--however, you will in the future. As with any new technology, there are a myriad of risks and the authors carefully catalogue these risks and assess which ones can be successfully mitigated. Ideally suited for people working in any part of the finance industry as well as financial policy makers, DeFi and the Future of Finance gives readers a vision of the future. The world of finance will fundamentally be changed over the coming decade. The book enables you to become part of the disruption-- not the target of the disruption"-- Provided by publisher

lgli/坎贝尔·R·哈维 & 阿什温·拉马钱德兰 & 乔伊·桑托罗 - DeFi与金融的未来（DeFi将如何改变传统金融体系和我们的生活？） (2023, 中信出版集团).mobi

zlib/Business & Economics/Professional Finance/坎贝尔·R·哈维 & 阿什温·拉马钱德兰 & 乔伊·桑托罗/DeFi与金融的未来（DeFi将如何改变传统金融体系和我们的生活？）_26905815.mobi

DeFi与金融的未来 = Defi and the future of finance

Campbell R Harvey; Ashwin Ramachandran; Joey Santoro; Fred Ehrsam; Vitalik Buterin

Harvey, Campbell R., Ramachandran, Ashwin, Santoro, Joey

John Wiley & Sons, Incorporated

Wiley & Sons, Limited, John

American Geophysical Union

CITIC Publishing House

Wiley-Blackwell

中信出版社

John Wiley & Sons, Inc. (trade), Hoboken, New Jersey, 2021

Business book summary, Hoboken, New Jersey, 2021

United States, United States of America

Hoboken (New Jersey), cop. 2021

China, People's Republic, China

Di 1 ban, Beijing, 2024

1, US, 2021

sources:
calibre:7fb2b63c-b720-4832-a0f1-014c2dffc3c8

2023-11-26