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How decentralized finance will transform business financial services – especially for SMEs
World Economic Forum,
2021
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Decentralized finance (DeFi), a blockchain transaction framework, is disrupting traditional commercial banking. Small and medium-sized enterprises (SMEs), especially those in the emerging markets, are embracing the technology – perhaps not surprisingly, since studies indicate that SMEs around the world face an overall capital shortfall of some $5 trillion. In this informative article, expert Rebecca Liao deftly explains how DeFi could help bridge this gap. Business owners, financial executives and crypto stakeholders will find valuable intelligence here on the role of DeFi in the evolution of financial services.
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About the Author
Rebecca Liao is a writer and co-founder of Skuchain, a blockchain platform.
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