Decentralizing finance how DeFi, digital assets, and distributed ledger technology are transforming finance

"Kenneth Bok explores the current state of decentralized finance (DeFi). As distributed ledger technology (DLT) increasingly optimizes and democratizes financial ecosystems worldwide, this book serves as a guide to the most salient aspects of the ongoing transformation. The text delves into bot...

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Bibliographic Details
Main Author: Bok, Kenneth
Format: eBook
Language:English
Published: Hoboken, NJ John Wiley & Sons, Inc. 2024
Subjects:
Online Access:
Collection: O'Reilly - Collection details see MPG.ReNa
Description
Summary:"Kenneth Bok explores the current state of decentralized finance (DeFi). As distributed ledger technology (DLT) increasingly optimizes and democratizes financial ecosystems worldwide, this book serves as a guide to the most salient aspects of the ongoing transformation. The text delves into both crypto-native DeFi and DLT applications in regulated financial markets, providing: Comprehensive analysis of crypto-native DeFi across key areas such as its competitive landscape, infrastructure, financial instruments, activities, and applications; Coverage of key risks, mitigation strategies, and regulatory frameworks, analyzed through the perspective of international financial standard-setting bodies; Insight into how DLT is reshaping traditional financial systems through innovations like central bank digital currencies (CBDCs), tokenized assets, tokenized deposits, and institutional-grade DeFi platforms"--
Physical Description:xviii, 252 pages illustrations (chiefly color)
ISBN:9781394154982
1394154992
1394154984
9781394154999