A clear-eyed view of DeFi for Middle East financial services executives – ArabianBusiness
- Date: 12-Apr-2022
- Source: Arabian Business
- Sector:Financial Markets
- Country:Middle East
A clear-eyed view of DeFi for Middle East financial services executives – ArabianBusiness
Financial service companies in the Middle East, including banks, insurance companies, and fintechs, have a growing interest in the opportunities and risks posed by decentralised finance (DeFi).
Even seasoned financial industry executives could be forgiven for struggling to stay abreast of the dizzying new lexicon that surrounds the crypto ecosystem that includes DeFi.
As its name suggests, DeFi refers to peer-to-peer financial services with no central authority or intermediary involved in trading, lending, investing, and other activities.
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