© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2023
K. JungThe Quiet Crypto Revolutionhttps://doi.org/10.1007/978-1-4842-9627-1_5

5. The Future of Decentralized Finance

Klaas Jung1  
(1)
Amsterdam, The Netherlands
 

Imagine you would be able to take out a loan without having to speak to anyone and even without having a bank account. Also imagine getting an interest of several percentage points on your savings without needing a bank. This is possible in the world of decentralized finance. In this chapter I’m going to take you through the concept of decentralized finance, its future perspective, and how it relates to the traditional world of finance. I’m devoting a chapter to this subject because I think this concept ...

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