A Practitioner's Guide to Decentralized Finance (DeFi),
Digital Assets, and Distributed Ledger Technology
In Decentralizing Finance: How DeFi, Digital Assets
and Distributed Ledger Technology Are Transforming Finance, blockchain and
digital assets expert Kenneth Bok offers an insightful exploration of the
current state of decentralized finance (DeFi). As distributed ledger technology
(DLT) increasingly optimizes and democratizes financial ecosystems worldwide,
this book serves as a comprehensive guide to the most salient aspects of the
ongoing transformation.
The text delves into both crypto-native DeFi and DLT
applications in regulated financial markets, providing:
- Comprehensive
analysis of crypto-native DeFi across key areas such as its competitive
landscape, infrastructure, financial instruments, activities, and
applications
- Coverage
of key risks, mitigation strategies, and regulatory frameworks, analyzed
through the perspective of international financial standard-setting bodies
- Insight
into how DLT is reshaping traditional financial systems through
innovations like central bank digital currencies (CBDCs), tokenized
assets, tokenized deposits, and institutional-grade DeFi platforms
In a world where financial technology is rewriting the
fundamental code of digital currency, the future of money is undeniably
DLT-centric. How will this seismic shift interact with existing financial
infrastructures? Can decentralization and traditional banking coexist and
potentially synergize? This book endeavors to answer these pressing questions
for financial professionals navigating these transformative times.
Authored by a former Goldman Sachs trader, past Head of
Growth at Zilliqa, and an early Ethereum investor with extensive experience in
both traditional finance and the crypto ecosystem, Decentralizing
Finance provides you with an insider's perspective on the revolution
that is DeFi.
About the Author
KENNETH BOK is Managing Director of Blocks.sg, a
digital assets advisory firm based in Singapore. He started his career in
finance as an equities derivatives trader for Goldman Sachs. He was previously
Head of Growth and Strategy at Zilliqa, where he led ecosystem and business
development, and lead organiser for De/Centralize 2018, a groundbreaking
conference on digital assets and blockchain.