NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

UPenn’s Wharton: DeFi Can “Transform Global Finance”

Taylor Scott
Taylor Scott
4 years ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The University of Pennsylvania’s Wharton School of Business is consistently seen as one of the best business programs in the U.S., and is the oldest collegiate school of business on the globe. In a new ‘Blockchain and Digital Asset Project’ report, titled “DeFi Beyond the Hype”, Wharton School contributors detail the ins and outs of DeFi, and conclude that DeFi has the “potential to transform global finance”.

DeFi Beyond The Hype: An Overview

The Wharton report, in collaboration with the World Economic Forum, provides an excellent high-level overview of the current DeFi landscape. On the first page of the twenty page brief, the team acknowledges that despite growth in DeFi services surging from under $1B in 2019 to over $80B in present day, DeFi as we know it is still “early in its maturation”.

The Wharton collaborators, led by Professor Kevin Werbach, bucket DeFi services into six different silos: stablecoins, exchanges, credit, derivatives, insurance, and asset management. The report goes on to take a deep dive into each of these silos and how DeFi operates within them, while still acknowledging that at times, the lines between them can get blurred. Werbach and team provide a strong fundamental overview looking at all the key parts of the DeFi machine as well (wallets, oracles, digital assets, etc.).

The team also outlines four “defining characteristics” of DeFi: engaging with financial services, trust-minimized operation and settlement (i.e., public permissionless blockchain integration), non-custodial design, and open, programmable, and composable architecture.

Related Reading | Top 10 DeFi Projects In Q2 2021

Addressing The Details

The report takes the time to address the gritty details that make DeFi so desirable for some, such as governance tokens and other incentives that drive liquidity. It also addresses the costs and benefits of this decentralization, and outlines the fine lines between centralized governance, partially decentralized governance, and decentralized governance.

Additionally, the report looks to outline opportunities and challenges in DeFi while being somewhat partial. Opportunities are vast, and include aspects such as reduced friction and transaction costs, improved accountability, improved market access, and greater inclusivity of financial services. However, they don’t come without inherent challenges, like throughput, operability across blockchains (and with traditional services), regulatory questions (particularly in the current landscape), and more.

Ethereum has been a focal point in the DeFi landscape. | Source: ETH-USD on TradingView.com

That’s A Wharton Wrap

The detailed report condenses a well-rounded full scope of DeFi in a thick twenty pages. However, beyond simply providing a broad perspective of what DeFi is, the Wharton team also takes the time to address protocols such as Uniswap and SushiSwap, asset pool protocols like Compound and AAVE, and more.

Wharton (and increasing academic institutions) are continuing to show and share their perspective around DeFi and blockchain tech as it develops. As the report aptly states, “tools are emerging to simplify the user experience on and across DeFi services”.

In closing, the report concludes that “DeFi will ultimately succeed or fail based on whether it can fulfill its promise of financial services that are open, trust-minimized, and non-custodial, yet still trustworthy”. It’s safe to conclude that there are many who believe that DeFi is well on it’s way to achieving exactly that.

Related Reading | DeFi Is About To Undergo A Radical Transformation

Featured image from Pixabay, Charts from TradingView.com
Tweet123Share196ShareSend
Taylor Scott
Taylor Scott

Taylor Scott

Taylor specializes in crypto activity across sports and entertainment. With nearly a decade of engagement with cryptocurrency, Taylor has spent several years working in talent representation with musicians, comedians, and speakers, and achieved a Sports Business MBA in 2020.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Cryptocurrency

ビットコインの新時代が始まる:Bitcoin Hyperが高速処理とdAppsを実現、ミームコイン時代に突入 – ICOは5日で100万ドル達成

ビットコイン($BTC)は、長らく分散性・セキュリティ・不変性の象徴として君臨してきました。しかし、開発プラットフォームとしては遅く、制限が多いことが課題でした。 その状況を打破するのが Bitcoi...

Yohei Hanazato 10 hours ago
Bitcoin

Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake

Bitcoin’s recent price action has shown signs of fading momentum three weeks after reaching a new all-time high of $111,814....

Scott Matherson 11 hours ago
Ethereum Faces Stress As Israel-Iran Conflict Shakes Sentiment – ETH/BTC Support In Focus

Ethereum Faces Stress As Israel-Iran Conflict Shakes Sentiment – ETH/BTC Support In Focus

Ethereum faced intense selling pressure earlier today as geopolitical tensions flared following Israel’s attack on Iran, shaking global markets and...

Sebastian Villafuerte 12 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Solana Approaches Critical Support Amid Middle East Conflicts – Can Demand Hold?

Solana Approaches Critical Support Amid Middle East Conflicts – Can Demand Hold?

Sebastian Villafuerte 7 hours ago
Ethereum

Ethereum Price Could Rally To $10,000 If This Major Resistance Is Broke

Scott Matherson 8 hours ago
s

仮想通貨 おすすめ:Snorter BotがICOで60万ドル超を調達、ミームコイントレーダー向けTelegramボットが業界最安の0.85%手数料を提供

Yohei Hanazato 10 hours ago

Premium Sponsors

Top Brands

Press Releases

  • ETHRANSACTION Cloud Mining: A Deep Dive into the Steady...

    14 hours ago
  • MEXC Launches Golden Era Showdown Mid-Year Trading Event...

    15 hours ago
  • なぜSnorterは過小評価されているプレセールなのか?

    Dự đoán giá Pepe: Meme coin tiềm năng sẽ vượt...

    19 hours ago
  • BTCBULL

    Liệu Pi Crypto đã hết thời? Phân tích giá PI hé...

    19 hours ago
  • Best -altcoins

    Coinbase niêm yết alt coin mới: Đừng bỏ lỡ cơ...

    19 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.