Abstract
[Autom. eng. transl.] The article introduces the phenomenon of decentralized finance (DeFi) and illustrates its most characteristic aspects together with the main elements of innovation compared to traditional finance. In more detail, the different business models that can be pursued by financial intermediaries participating in an institutionalized form of DeFi where the advantages of decentralization are promoted within a defined regulatory framework are defined
Translated title of the contribution | [Autom. eng. transl.] From DeFi to institutional DeFi: a breakthrough for the capital markets / From DeFi to institutional DeFi: a breakthrough for the capital markets |
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Original language | Italian |
Pages (from-to) | 71-83 |
Number of pages | 13 |
Journal | BANCARIA |
Volume | 2023 |
Publication status | Published - 2023 |
Keywords
- Tokenizzazione Defi blockchain mercati finanziari