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What is Decentralized Financial Applications (DeFi)

Chapter 3
Decentralized Finance and Tokenization in FinTech
Are a new breed of consumer-facing financial applications composed of smart contracts on permissionless blockchain technologies.
Published in Chapter:
Community-Driven Finance Unveiling the Dynamics of DeFi Governance
Munir Ahmad (Survey of Pakistan, Pakistan)
Copyright: © 2024 |Pages: 16
DOI: 10.4018/979-8-3693-3346-4.ch003
Abstract
The chapter delves into the evolving landscape of decentralized finance (DeFi) governance, highlighting both opportunities and challenges. It emphasizes the role of community-driven decision-making and governance tokens in enhancing transparency and accountability. While innovative governance mechanisms hold promise, challenges such as voter apathy and whale manipulation persist. Despite challenges, the future of DeFi governance holds promise for reshaping the financial landscape and advancing decentralization principles. Adaptation to emerging trends and collaborative efforts are essential for realizing the full potential of community-driven governance in DeFi.
Full Text Chapter Download: US $37.50 Add to Cart
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Chapter 16
Exploring Web 3 Benefits and Challenges
Are a new breed of consumer-facing financial applications composed of smart contracts on permissionless blockchain technologies.
Published in Chapter: Exploring Web 3 Benefits and Challenges; From: Decentralizing the Online Experience With Web3 Technologies
Full Text Chapter Download: US $37.50 Add to Cart
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