How will the future unfold? What is the impact of technology on business & society? As technology reorders the world in which live, who will be the winners and who will be the losers? Join Azeem Azhar, curator of the Exponential View newsletter, in deep conversation with the world's leading thinkers and practitioners exploring these and other important questions. The views expressed on this podcast are those of its hosts, guests, and callers, and not those of Harvard Business Review.
https://hbr.org/podcasts/exponential-view
episode 33: Banking without Banks: Decentralized Finance is Coming
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.
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@azeem
@exponentialview
- “Bitcoin and the Future of Decentralized Finance” (Exponential View podcast with Meltem Demirors, 2021)
- “DeFi Can ‘Transform Global Finance’” (Decrypt, 2021)
- “What Is Chainlink and Why Is It Important in the World of Cryptocurrency?” (Yahoo Finance, 2021)