Institutional DeFi : Innovation and Responsibility Must Go Hand-in-Hand - ERP Spain.com - España y América Latina

We’re in the midst of the Decentralized Finance (DeFi) revolution. DeFi is smart contract implementation of financial processes like lending, collateralization, asset management, etc,. More than $4 billion of DeFi assets have been created this year with a recent growth rate in July of more than $500M per week, which has created quite a market buzz. This enthusiasm is well-founded: blockchain technology has proven that it can streamline and even transform the world of finance in exciting ways, and there have certainly been some big winners in this space. But, as dynamic as this community may be, it remains unregulated and immature, and that means that there are also some really big losers, as we saw with the recent unfortunate crash of Yam Finance. It doesn’t have to be this way. Working closely with regulators from the US to Singapore and Australia to Kenya, we understand the need for automated compliance processes among legacy financial services providers to seamlessly facilitate entrance into the market. Through its distributed identity, compliance framework, and state-of-the-art infrastructure, we'll discuss how transparency is provided to strengthen investor confidence and offer regulators increased oversight of market activity. Enhancing capital formation and stimulating global liquidity, is opening up a world of possibility. In this session, we will discover; What is DeFi and how does it solve issues of illiquidity in financial markets? Are traditional financial players serious about DeFi offerings? How can we assure compliance and garner the trust of regulators?