Explaining the Bricks of DeFI ecosystem and Trends — Part 1
How to make the best out of this revolutionary way of financial inclusion “sans Bank et government” in 2021
This is the starting of the blogs in 3 segments explaining the ecosystem from an higher viewpoint ( for the finance savvy and more tech millennials ) to more in depth research about the overall ecosystem that is being created , and apart from the traditional viewpoint of this being sudden transition .
In Part II , I will play devils advocate to show that how there can be harmonious transition with collaboration with the current Traditional finance entities and government regulations and how we can expect in 2021 , various developments will help to speed up the DeFI adoption in the infrastructure.
And in Part III , i will come to the stark reality of the security concerns plaguing the DeFI Protocols due to multitude of factors (primarily security and Lack of fundamental Analysis of tokenomics causing over decomposablity of these protocol trades).
Shout out and Credits to my long time mentor in blockchain : Bertrand , the diffrent communities on telegram engaging in exemplary resources concerning the education ( via events , resource sharing ) of the ecosystem . although there are numerous , i principally follow the given ones :