Traditional finance has a lot to learn from newcomer DeFi By Cointelegraph




Traditional finance has a lot to learn from DeFi newcomer

Incumbents in traditional financial markets, as well as new entrants looking to capture market share, should consider innovations within the crypto ecosystem collectively known as decentralized finance, or DeFi. These innovations present a model for the direction that traditional capital markets are likely to take in the years to come, as regulation catches up with the capabilities of distributed ledger technology, or DLT, and the technology itself. is refined through “in-nature” use.

Decentralized exchange protocols, also known as automated market makers, or AMM, is one such innovation that has been widely adopted in the crypto space.

Matthew Van Niekerk is co-founder and CEO of SettleMint – a low-code platform for enterprise blockchain development – and Databroker – a decentralized marketplace for data. He holds a BA with honors from the University of Western Ontario in Canada and an international MBA from Vlerick Business School in Belgium. Matthew has been working in fintech innovation since 2006.