Decentralized Finance and the End of Traditional Banking

This book provides the essential knowledge needed to navigate the revolutionary future of finance with confidence through its comprehensive and accessible exploration of decentralized finance. This book is an in-depth exploration of the transformative power of decentralized finance (DeFi) and its potential to revolutionize the global financial system through in-depth analyses of the rise of DeFi, covering a wide range of topics such as cryptocurrencies, blockchain technology, smart contracts, decentralized exchanges, stablecoins, governance, and more. The volume offers readers a comprehensive understanding of the various aspects and components of the decentralized finance ecosystem. Adopting a forward-looking approach, the book examines the long-term implications for the financial industry, regulatory bodies, and the global economy. It explores the potential consequences of this paradigm shift, equipping readers with the knowledge to navigate the future of finance with confidence. By striking a balance between technical accuracy and accessibility, this book ensures that readers from various backgrounds will gain a comprehensive understanding of the complex concepts associated with DeFi. Readers will find the book:

• Introduces the emerging DeFi ecosystem and its potential to transform the financial industry, providing a glimpse into the future of finance;
• Provides practical advice on how to invest in DeFi and navigate the rapidly evolving landscape, offering insights into the DeFi revolution and how to generate higher returns;
• Offers a comprehensive, in-depth exploration of the technologies driving DeFi, from blockchain technology to smart contracts;
• Explains how DeFi is challenging the traditional banking model and disrupting the financial industry, making it a must-read for anyone interested in the future of finance.

Audience Academics, finance professionals, policymakers and regulators working with decentralized finance to revolutionize the world of banking. Jyoti Verma, PhD is an associate professor in the Chitkara Business School at Chitkara University. She has authored one book, edited two books, numerous book chapters, and over 30 research papers in various national and international journals and conferences. Her core expertise is in the areas of service quality, blockchain, and behavioral finance. Amandeep Singh, PhD is a professor in the Chitkara Business School at Chitkara University with over 16 years of teaching experience. He has published 48 research papers in various journals and conferences and edited over 10 books. His main areas of research are consumer sciences and business innovations. Gagandeep, PhD is an assistant professor in marketing at Chitkara University with over 14 years of research and teaching experience. He has published over ten research papers. His areas of interest include marketing research, research methodology, management science, applied operations research, marketing management, and strategic management.