Bleu Finance - Discover Commodity Investing
Thursday, June 8, 2023
  • Bleu Finance
  • Accountant
  • Credit
  • Finance
  • Insurance
  • Investment
  • Loan
  • Trading
Subscribe
Bleu Finance - Discover Commodity Investing
  • Bleu Finance
  • Accountant
  • Credit
  • Finance
  • Insurance
  • Investment
  • Loan
  • Trading
No Result
View All Result
Bleu Finance - Discover Commodity Investing
No Result
View All Result
Home Finance

Is London ready for Decentralized Finance?

by Kasper Lee
2 years ago
in Finance
0
Is London ready for Decentralized Finance?
155
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Cryptocurrencies have been gaining popularity in recent years, and there is no doubt about that. You could even say that it has gone mainstream, as now there are more ‘unqualified’ investors, who just follow the trends. And as for some, it may look like the rise of crypto is sudden, it actually came later than some experts believed a few years back.

We could definitely say that with the rising areas to spend bitcoin today, almost every place should be ready for cryptocurrency.

The Napster moment of cryptocurrencies came in 2017, when the ICO rise (the Initial Coin Offering) had the leading role on the stage called ‘the market’. And honestly, many people believed that the time to shine was just around the corner for crypto.

Even with the ICO starting to lose popularity, DeFi (Decentralized Finance) and Tether’s Stable Coin actually picked up momentum. Ethereum completely revolutionized the concept of crypto with their new programming language. This is where programmable money emerged.

Any logic could be programmed into the payments, as you’re now able to merge the security and control of Bitcoin with handy services from other institutions. With Ethereum, other cryptocurrencies could be used, where Bitcoin is limited – and the possible services include borrowing and lending, payment-scheduling, as well as index investment.

First Dai Release

Some Decentralized Finance observers believe that this complicated crypto ecosystem is caused by ‘altcoins’, or any other virtual currencies different to Bitcoin. Most of them debuted before Christmas 2017, while others came about when Bitcoin was forking down (the same year).

The history of DeFi is sometimes traced back to December 2017, when Andy Milenius announced the coming up ‘First Dai Release’. Since Dai was introduced, a group of communities and companies have gathered around the project. The trend seems to have shaped, and it appeals mostly to Ethereum enthusiasts. Many of them are US-based of borne. But you can also find enthusiasts from other countries – such as Finland, India, Denmark or Canada.

And it is nothing peculiar that the United States are taking up so much of the DeFi space. Meaningful tokens and developers have decided to move their operations to the United States of America. But are there any other, regional hubs?

Actually, yes. Israel entered the space quite early, and so did Japan. Ethereum is not really very popular outside the United States, and both Israel and Japan are more Bitcoin-solution-oriented countries. Other markets that could be considered, are Singapore and Dubai. And the United Kingdom too?

Decentralized Finance scene in the UK

Not that long ago, Ron Kalifa OBE spoke about FinTech. He expressed a belief, that open banking is something that the UK could be thriving on, as it potentially could be currently the leader, when it comes to developments and use of services. The Wise listing (formerly known as TransferWise), and the recent Revolut valuation, both show us something really important, as both of the companies are now UK-based, and they lead the Fintech industry.

Decentralized Finance has become the topic of mainstream discussions

In 2019, during the Sibos financial services event that is held in London, the topic of Decentralized Finance has been put on the agenda. The debate only propelled and enriched the approach towards the FinTech in the United Kingdom, and thus set some direction, we’re still on nowadays.

Most (if not all of them) of the exchanges are looking for ways to sail away from manual processes, and it’s the perfect time for DeFi to step in and be present on the market in London. AllianceBlock (Level39 members) have actually been making waves there for quite some time now, and they are not the only firm to be working in the Decentralized Finance that’s engaging with London-based stock exchanges.

Aquis may not be the most popular, but it does not change the fact, that it’s a great place for Dispersion Holdings to be starting their London journey. All that together (and much more), it appears like DeFi has entered London for good now.

To find out more about the topic, and to read an amazing piece by Andy Samu published on the Disruption Banking website, use the link: https://disruptionbanking.com/2021/07/20/is-london-ready-for-defi/.

Related Posts

Effect of BMI on Term Insurance Plan Premium
Finance

Effect of BMI on Term Insurance Plan Premium

May 24, 2023
Protecting Yourself from Fraudulent Crypto Exchanges: Tips and Tricks
Finance

Protecting Yourself from Fraudulent Crypto Exchanges: Tips and Tricks

April 26, 2023
  • Trending
  • Comments
  • Latest
Understanding the Difference Between an IRA Transfer and a Rollover

Understanding the Difference Between an IRA Transfer and a Rollover

July 13, 2020
Analysis paralysis in the investment business

Analysis paralysis in the investment business

September 17, 2020
5 Physical Investments to Prepare for a Barter Economy

5 Physical Investments to Prepare for a Barter Economy

January 18, 2022
How to Establish a Strong Pipeline of Investment Opportunities for a Small to Mid-Cap Investment Fund

How to Establish a Strong Pipeline of Investment Opportunities for a Small to Mid-Cap Investment Fund

June 6, 2022
Effect of BMI on Term Insurance Plan Premium

Effect of BMI on Term Insurance Plan Premium

0

HTML News Ticker

0

Why Business Is Grateful For Equipment Leasing and Financing and Asset Finance Solutions!

0

Benefits of Adding News to Your Website

0
Effect of BMI on Term Insurance Plan Premium

Effect of BMI on Term Insurance Plan Premium

May 24, 2023
Indices trading vs stock trading: What’s the difference?

Indices trading vs stock trading: What’s the difference?

May 15, 2023
Protecting Yourself from Fraudulent Crypto Exchanges: Tips and Tricks

Protecting Yourself from Fraudulent Crypto Exchanges: Tips and Tricks

April 26, 2023
Effortless Finances: Unlocking the Power of Remote Quality Bookkeeping

Effortless Finances: Unlocking the Power of Remote Quality Bookkeeping

April 29, 2023
Finance

Effect of BMI on Term Insurance Plan Premium

If the insured person passes away, a term insurance plan pays a one-time amount to the beneficiary stated in the ...

May 24, 2023
Trading

Indices trading vs stock trading: What’s the difference?

Indices trading and stock trading are two distinct types of financial investments, each with advantages and disadvantages. This article will ...

May 15, 2023
Finance

Protecting Yourself from Fraudulent Crypto Exchanges: Tips and Tricks

Cryptocurrency exchanges have become increasingly popular in recent years, providing investors and traders with easy access to a wide range ...

April 26, 2023
Finance

Effortless Finances: Unlocking the Power of Remote Quality Bookkeeping

Juggling multiple responsibilities, including bookkeeping, can be a daunting task for business owners. However, thanks to advancements in technology, remote ...

April 29, 2023
Loan

Best Way to Get Instant Loan Approval

A personal loan can be hugely advantageous in times of need or financial difficulty. Numerous lenders offer quick personal loan ...

March 31, 2023

Recent Posts

  • Effect of BMI on Term Insurance Plan Premium May 24, 2023
  • Indices trading vs stock trading: What’s the difference? May 15, 2023
  • Protecting Yourself from Fraudulent Crypto Exchanges: Tips and Tricks April 26, 2023
  • Effortless Finances: Unlocking the Power of Remote Quality Bookkeeping April 8, 2023
  • Best Way to Get Instant Loan Approval March 31, 2023
  • How long can I keep a CFD? March 29, 2023

Archives

  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • November 2019
  • October 2019
  • May 2019
  • May 2018
  • March 2018
  • US Markets
  • World Stock Market
  • Cryptocurrency
  • Economy

© 2020 Bleu Finance- All Rights Reserved.

No Result
View All Result
  • Bleu Finance
  • Let us help

© 2020 Bleu Finance- All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In