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Posted on November 25, 2021November 17, 2021 by GW Alger

DeFi: Crypto’s ‘Wild West’ of Finance | WSJ

Many are calling decentralized finance, or DeFi, the “Wild West of finance.” This fast-growing industry aims to provide automated banking services for cryptocurrencies to everyone, with no middle men. But DeFi is still in its early stages, which means there are risks.

Tagsblockchain, cryptocurrency, Ethereum, smart contracts

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Blockchain and Web 3.0

“Blockchain paves the way to greatly improved cryptography and online security. It establishes faster, more efficient, more transparent, more accountable and less expensive operations and transactions. It is the future of commerce. And it’s already begun.” GW Alger

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