{"product_id":"understanding-decentralized-finance-how-defi-is-changing-the-future-of-money","title":"Understanding Decentralized Finance: How DeFi Is Changing the Future of Money","description":"\u003cdiv class=\"a-fixed-left-grid\" data-mce-fragment=\"1\"\u003e\n\u003cdiv class=\"a-fixed-left-grid-inner\" data-mce-fragment=\"1\"\u003e\n\u003cdiv id=\"ppdFixedGridRightColumn\" class=\"a-fixed-left-grid-col a-col-right\" data-mce-fragment=\"1\"\u003e\n\u003cdiv id=\"bookDescription_feature_div\" class=\"celwidget\" data-feature-name=\"bookDescription\" data-csa-c-id=\"nfw2zl-6ccvkj-5gdra7-j567wk\" data-cel-widget=\"bookDescription_feature_div\" data-mce-fragment=\"1\"\u003e\n\u003cdiv data-a-expander-name=\"book_description_expander\" data-a-expander-collapsed-height=\"140\" class=\"a-expander-collapsed-height a-row a-expander-container a-spacing-base a-expander-partial-collapse-container\" data-mce-fragment=\"1\"\u003e\n\u003cdiv aria-expanded=\"false\" class=\"a-expander-content a-expander-partial-collapse-content\" data-mce-fragment=\"1\"\u003e\n\u003cdiv class=\"a-fixed-left-grid\"\u003e\n\u003cdiv class=\"a-fixed-left-grid-inner\"\u003e\n\u003cdiv class=\"a-fixed-left-grid-col a-col-right\" id=\"ppdFixedGridRightColumn\"\u003e\n\u003cdiv data-cel-widget=\"bookDescription_feature_div\" data-csa-c-id=\"4vgtxq-78pdsn-kxp11d-u92c92\" data-csa-c-is-in-initial-active-row=\"false\" data-csa-c-asin=\"1628251840\" data-csa-c-slot-id=\"bookDescription_feature_div\" data-csa-c-content-id=\"bookDescription\" data-csa-c-type=\"widget\" data-feature-name=\"bookDescription\" class=\"celwidget\" id=\"bookDescription_feature_div\"\u003e\n\u003cdiv class=\"a-expander-collapsed-height a-row a-expander-container a-spacing-base a-expander-partial-collapse-container\" data-a-expander-collapsed-height=\"140\" data-a-expander-name=\"book_description_expander\"\u003e\n\u003cdiv class=\"a-expander-content a-expander-partial-collapse-content\" aria-expanded=\"false\"\u003e\n\u003cdiv id=\"bookDescriptionBox\" itemprop=\"reviewBody\"\u003e\n\u003cspan class=\"a-text-bold a-text-italic\"\u003eUnderstanding Decentralized Finance\u003c\/span\u003e\u003cspan class=\"a-text-bold\"\u003e\u003cspan\u003e \u003c\/span\u003edemystifies DeFi, locating the integration points between decentralized and centralized finance to help finance professionals unlock valuable opportunities.\u003c\/span\u003e\u003cspan\u003e\u003cbr\u003e\u003cbr\u003eDeFi - the next evolution of cryptocurrency - has brought a new wave of investors into the world of finance. As fintechs and financial institutions seek to integrate with DeFi, this book explores its history, its present context, and its future. It explains the world of DeFi by comparing it to the traditional finance sector, highlighting points of similarity, difference and integration.\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003cspan class=\"a-text-bold a-text-italic\"\u003eUnderstanding Decentralized Finance\u003c\/span\u003e\u003cspan\u003eexplores the technologies underlying the DeFi market and how they differ from those of traditional financial markets. It scrutinizes the difference between centralized and decentralized cryptocurrency exchanges, how NFTs fit into DeFi and how collectibles can be financialized. Readers will also find out how collateralized loans, derivatives, margin trading and liquidity provision work in a world where there is no centralized institution to coordinate these activities - and how regulators in different jurisdictions are ensuring that financial regulations keep up with these innovations.\u003cbr\u003e\u003cbr\u003eWith examples from key actors in the field, including the movement of luxury organizations like Christie's and Sotheby's into the NFT space and the SushiSwap vampire attack, this is an essential read for anyone working in finance, fintech and technology who needs to understand the fast-moving world of DeFi.\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv itemprop=\"reviewBody\"\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv itemprop=\"reviewBody\"\u003e\n\u003ch3\u003e\u003cspan\u003eReview\u003c\/span\u003e\u003c\/h3\u003e\n\u003cdiv class=\"a-section a-spacing-small a-padding-small\"\u003e\n\u003cspan\u003e\"\u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eUnderstanding Decentralized Finance\u003c\/span\u003e\u003cspan\u003e is a comprehensive guide to the world of DeFi. In a space that is fast moving and hard to navigate, Rhian takes the reader by the hand and describes the promise, the evolution and the current state of this emerging technology. A great read for newcomers and degens alike.\" ― \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eJonas Seiferth, RetroPGF Lead, Optimism Foundation\u003c\/span\u003e\u003cspan\u003e\u003cbr\u003e\u003cbr\u003e\"Rhian Lewis presents a balanced and informative view that expertly intertwines the evolution of money and markets with these novel, and potentially game changing, set of technologies whilst unravelling and demystifying the lexicon of arcane terminology and acronyms that have followed the hype into the public psyche in recent years.\" ― \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003ePaul Gordon, Founder, Coinscrum\u003c\/span\u003e\u003cspan\u003e\u003cbr\u003e\u003cbr\u003e\"If you think about the factors stopping DeFi to fulfil its potential, many cite regulation (or lack of regulation) and lack of understanding\/knowledge of this space. As it is difficult to control the regulatory part, we can build a deep understanding of what DeFi represents, its components, and the exciting new opportunities it offers - as well as the considerable challenges that occur when the old system collides head-on with the new. I found it exciting that you can boost your knowledge by learning cool concepts such as DeFi mullet, social trading, finfluencer, crypto meme culture and more.\" ― \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eMirela Ciobanu, Lead Editor, Banking and Fintech, The Paypers\u003c\/span\u003e\u003cspan\u003e\u003cbr\u003e\u003cbr\u003e\"Weaving together concepts, definitions and real-world examples, Rhian Lewis covers the basics of decentralized finance, the realities of today, the hopes of tomorrow, and the potential blocks to the realization of truly decentralized finances. A must-read for those interested in moving from online hype posts to broader comprehension of the space.\" ― \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eLloyd Evans, Product Manager - Ventures, 11:FS\u003c\/span\u003e\u003cspan\u003e\u003cbr\u003e\u003cbr\u003e\"\u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eUnderstanding Decentralized Finance\u003c\/span\u003e\u003cspan\u003e not only gives you a good input into the world of decentralized Finance, but also enables you to deep-dive into topics around this phenomenon.\" ― \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eChristian Steiner, Head of Regulatory, Bitpanda\u003c\/span\u003e\u003cspan\u003e\u003cbr\u003e\u003cbr\u003e\"\u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eUnderstanding Decentralized Finance\u003c\/span\u003e\u003cspan\u003e is a comprehensive and thought-provoking look at the future of finance, including the intersection of gaming and finance. It offers insights on the challenges of creating a universal system that captures the economic activity of games. A must-read for anyone in the DeFi industry, as well as gamers and enthusiasts.\" ― \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eJulien Paredes, Head of Partnerships, Tropee\u003c\/span\u003e\u003cspan\u003e\u003cbr\u003e\u003cbr\u003e\"The world of decentralized finance (DeFi) is one of the most exciting, fast evolving areas of money, operating at the intersection of technology and finance. Many jobs will be created and good opportunities. This book will give you a good way to imagine the future of DeFi. I highly recommend this book.\" ― \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eTram Anh Nguyen, Co-founder, Centre for Finance, Technology and Entrepreneurship (CFTE)\u003c\/span\u003e\u003cspan\u003e\u003cbr\u003e\u003cbr\u003e\"This book is a comprehensive guide for beginners or experienced professionals seeking to expand their knowledge and understanding of Decentralized Finance (DeFi). The author, Rhian Lewis, possesses extensive knowledge and expertise and has effectively simplified and communicated complex DeFi concepts clearly and captivatingly.\" ― \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eEnrico Mariotti, CEO, Skytale Finance\u003c\/span\u003e\n\u003c\/div\u003e\n\u003ch3\u003e\u003cspan\u003eAbout the Author\u003c\/span\u003e\u003c\/h3\u003e\n\u003cdiv class=\"a-section a-spacing-small a-padding-small\"\u003e\n\u003cspan class=\"a-text-bold\"\u003eRhian Lewis\u003c\/span\u003e\u003cspan\u003e is a consultant software engineer and former digital journalist at \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eThe Times\u003c\/span\u003e\u003cspan\u003e who is a regular international conference speaker and panellist on all things blockchain and cryptocurrency. She launched the altcoin portfolio tracker countmycrypto.com, co-founded the London Women in Bitcoin meetup group in 2014 and has acted as an advisor and strategist on various blockchain projects for the last seven years. She blogs on cryptocurrency and is the author of \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eThe Cryptocurrency Revolution\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003e(Kogan Page). She is based near Plymouth, UK.\u003c\/span\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv itemprop=\"reviewBody\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv id=\"similarities_feature_div\" class=\"celwidget\" data-feature-name=\"similarities\" data-csa-c-id=\"f05fdc-26r1jl-v5nlvi-fcpmd9\" data-cel-widget=\"similarities_feature_div\" data-mce-fragment=\"1\"\u003e\n\u003cdiv class=\"celwidget\" data-csa-c-id=\"yaxzt2-nyo184-ky4ij0-uknyle\" data-cel-widget=\"sims-consolidated-1_csm_instrumentation_wrapper\" data-mce-fragment=\"1\" cel_widget_id=\"sims-consolidated-1_csm_instrumentation_wrapper\"\u003e\n\u003cdiv class=\"celwidget pd_rd_w-OyxkH pf_rd_p-6b3eefea-7b16-43e9-bc45-2e332cbf99da pf_rd_r-NC22MC8ZYH4WHD6YDHV9 pd_rd_r-aef32571-4181-4c7a-abac-7617fe13765d pd_rd_wg-wgxb0 c-f\" data-csa-c-content-id=\"amzn1.sym.6b3eefea-7b16-43e9-bc45-2e332cbf99da\" data-csa-c-slot-id=\"product-bundle-1\" data-csa-c-type=\"widget\" data-csa-c-painter=\"p13n-desktop-sims-fbt-cards\" data-csa-c-id=\"kkioka-5htnqn-hucmr9-c20ka\" data-cel-widget=\"p13n-desktop-sims-fbt_DPSims_0\" data-mce-fragment=\"1\" cel_widget_id=\"p13n-desktop-sims-fbt_DPSims_0\"\u003e\n\u003cdiv class=\"a-section a-spacing-small a-padding-base\"\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Bookread","offers":[{"title":"PDF","offer_id":56754625872203,"sku":null,"price":29.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1031\/1204\/8971\/files\/81voGUikpdL._SL1500.jpg?v=1773063211","url":"https:\/\/bookread.io\/products\/understanding-decentralized-finance-how-defi-is-changing-the-future-of-money","provider":"bookread","version":"1.0","type":"link"}