DeFi can’t hold a candle to the centuries-old trust-based system called hawala

In the history of dangerous naivety, the decentralized finance mania of 2021 will hold its own against the 2007 boom in collateralized debt obligations. It took a financial crisis for…

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Why DeFi is the biggest thing in the history of finance

The introduction of decentralised finance (DeFi) or open finance innovation has been a pivotal moment in the history of finance. It rose to prominence in the summer of 2020 with…

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