Decentralized finance (DeFi) is a rapidly growing field in fintech, having grown from $700 million to $100 billion over the past three years alone. But the lack of reliable information makes this area both risky and murky. In this practical book, experienced securities attorney Alexandra Damsker explains DeFi's role in both blockchain and finance.
Ideal for developers looking to build decentralized applications (DApps), this book compares DeFi to traditional bank-led fintech and explains why DeFi is exploding in interest and popularity. You'll explore the growing array of DApps and platforms in various categories, including their benefits and drawbacks, and learn how DeFi tools work together from the perspective of both users and developers.
With this book, you
Learn how DeFi fits into the blockchain and fintech worldsUnderstand why it's important to move beyond the banking systemExplore the tools for building a useful, functional DeFi applicationLearn the risks, benefits, regulatory concerns, and unresolved issues in this nascent and fast-growing industrySee which technologies are well-positioned to be incorporated into DeFi blockchains in the near futureAssess your own risk level to determine which strategies are most appropriate
The author covers a lot of ground with this book, reading this book will familiarize you with a lot of the terminology used in accounting, finance, and blockchain. It took me about 8 hours to read.
I found the Index at the end of the book useful for learning more about the world of DeFi and blockchain.
This book is a good 1st-year college business information systems or finance technology textbook. Yet, I found this book useful even though I have a Master’s in accounting and technology, with a software background.
I read my textbooks cover-to-cover, my only concern is that my Kindle book did not come with a table of contents page. I like to study the table of contents before I begin reading the actual content
This book keeps it real and is easy to understand. Covers regulation and the ecosystem with lots of examples. I will recommend this book to our Technology Book Club