The industrial revolution is often romanticised. We think of the early 19th century as a time of innovation and unlocking new ways of generating power, advancing methods of manufacturing, or improvements in metallurgy for the betterment of the world we live in today. We usually fail to think of the negative aspects of these transitions continue reading
Decentralised Finance, or DeFi, is one of the latest trends in fintech. Since the launch of Bitcoin in 2009 along with the use of blockchain technology, new currencies have given rise to new markets. These new markets are built upon unclear regulation, anonymity, and not tied to any institution or jurisdiction. DeFi is the antithesis continue reading
Decentralised Finance (DeFi) is, by design, separate from traditional institutions, mainly the government. DeFi operates based on a community of investors seeing value in the financial instrument. This causes a problem for regulators, seeing as it is difficult to know who is investing and for what purpose without extensive investigation. Since the invention of blockchain continue reading
Most industries fear disruption, and for good reason. Kodak identified that the film business, where they made their profit, would be ruined by the digital camera, and Blockbuster, who made their profits on late fees, was brought down by online streaming. No industry is immune to the effects of disruption including the finance industry and continue reading
