Will Decentralized Finance Replace the Banking System?

Decentralized finance, the visionary financial system intended to be devoid of intermediaries, has been growing for some years. Contrary to the traditional financial system, centralized finance, it seeks to use the power of smart contracts to get rid of banks, insurance companies, clearinghouses, and other intermediaries within the global financial system – while also ensuring […]

How Central Governments Are Dealing with the Rise of Cryptocurrencies

Bitcoin and other cryptocurrencies seem to have come to stay. Although not yet widely accepted,they are gradually making their way into the mainstream consciousness of the society, growingin leaps and bounds along the way. On Monday April 5, increasing demand by institutional andretail investors pushed the cryptocurrency market capitalization to an all-time high of $2.02trillion. […]