follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: Bank of Japan Identifies DeFi Pros & Cons, Mentions Uniswap, Yield Farming  (Read 371 times)

Offline EAA-ALLAH

  • Possible Cheater
  • Hero Member
  • *
  • Activity: 934
  • points:
    34138
  • Karma: -98
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 11, 2024, 01:03:04 AM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
A Bank of Japan (BoJ)-issued review has tackled the topic of decentralized finance (DeFi) – and has concluded that while certain “risks” are entailed with DeFi adoption, there could be some positive aspects to greater DeFi proliferation.
The review was published by the Bank of Japan’s Payment and Settlement Systems Department, which is in charge of payment policy development at the central bank. The review addressed issues such as yield farming, as well as the “emergence of autonomous financial services” and “the search for governance” in the DeFi sector.
The media outlet Internet Watch pointed out that one of the review’s authors, Junichiro Hatogai, translated the Andreas Antonopoulos-penned books Mastering Bitcoin and Mastering Ethereum into Japanese – calling the tomes “the global bibles of the blockchain industry.” The review’s co-author, Masashi Hojo, is in charge of Japan’s joint central bank digital currency (CBDC) project with the EU – named Project Stella.
The review focuses mainly on the issue of governance in the DeFi sector, as well as the greater Web 3.0 ecosystem. It concluded that DeFi adoption could “increase rapidly in Japan” and “create new financial services” that meet the needs of a new generation of users. Source

Altcoins Talks - Cryptocurrency Forum


For Monthly biddings Check Here


 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod