Fatih Öğün
Akbank
Senior Vice President, Head of Strategy
Fatih Ogun, Head of Strategy at Akbank, explores the burgeoning potential of decentralized finance, diving into its most compelling use-cases and illustrating how these innovations could be applied in the real world.
Decentralized finance (DeFi) is a transformative force reshaping the financial landscape by leveraging blockchain technology to eliminate intermediaries and create a more open, accessible and transparent financial system. As DeFi matures, it not only challenges the traditional financial ecosystem but also presents numerous use-cases and real-world applications that promise to redefine how we interact with financial services.
DeFi stands as a testament to the power of blockchain technology, offering a decentralized framework where financial instruments are accessible to anyone with an internet connection, free from the control of centralized institutions. By using smart contracts on blockchain networks, DeFi applications enable users to lend, borrow, trade and earn interest on their assets in a trustless environment.
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