DeFi is disrupting the world of finance as we know it, growing from strength to strength over the last year or so. This new technology is emerging quickly and the pressure is on for organisations to operate more efficiently and effectively. There are currently over 100 projects tackling various DeFi solutions. The total value locked in DeFi is now over USD$ 4 billion with a 227% year-on-year increase in ETH locked in DeFi.
Today, DeFi apps clearly demonstrate value and utility and companies are working on improving the visual demonstration of DeFi to enable mass adoption. The ability to borrow funds, take out loans, deposit funds into a savings account, or trade complex financial products, all that without asking anyone for permission or opening an account anywhere, is quickly gaining traction.
The Asian DeFi Summit is 2021’s leading gathering of DeFiers in the blockchain and cryptocurrency community. The inaugural one-day event is bringing you an unparalleled group of DeFi innovators and change-makers to share their stories about how they are defining the next era of global finance.