Decentralized Finance and the End of Traditional Banking

• Autore: Gagandeep
• Pubblicazione: Newark : , : John Wiley & Sons, Incorporated, , 2025; ©2025
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (388 pages)
• Disciplina: 332.10285
• Soggetto topico: Finance - Technological innovations
• Altri autori: VermaJyoti SinghAmandeep
• Nota di contenuto: Cover -- Series Page -- Title Page -- Copyright Page -- Contents -- Preface -- Part I: Fundamentals of Cryptocurrency and Blockchain Technology -- Chapter 1 Introduction to Cryptocurrency and Blockchain -- 1.1 Introduction -- 1.2 Introduction to Blockchain -- 1.2.1 Meaning of Blockchain Technology -- 1.2.2 Development of Blockchain Technology -- 1.2.3 Key Aspects of Blockchain Technology -- 1.2.4 Adoption of Blockchain Technology -- 1.2.5 The Issues Related to Blockchain Technology -- 1.3 Introduction to Cryptocurrency -- 1.3.1 Characteristics of Cryptocurrency -- 1.3.2 Comparison of Cryptocurrency with Other Assets -- 1.3.3 Features of the Indian Crypto Market -- 1.3.4 Indian Cryptocurrency Market Development and History -- 1.3.5 Indian Crypto Exchanges -- 1.3.6 Regulation of Cryptocurrency Market in India -- 1.3.7 Impact of Indian Cryptocurrency Market -- 1.4 Bitcoin -- 1.5 Conclusion -- References -- Chapter 2 A Journey Into the World of Cryptocurrency and Bitcoin Technology -- 2.1 Introduction -- 2.2 Statement of Problem -- 2.3 Literature Review -- 2.4 Cryptocurrency -- 2.5 Characteristics of Cryptocurrency -- 2.6 Problems Associated with Traditional Banking -- 2.7 Evolution of Cryptocurrency -- 2.8 Major Phases of Bitcoin (Cryptocurrency) Development -- 2.9 Cryptocurrency Proven as Solution to the Problem of Tradition Financial System -- 2.10 Advantages of Cryptocurrency -- 2.11 Categories of Cryptocurrency and Their Applications -- 2.12 The Implications of Cryptocurrency -- 2.13 Challenges -- 2.14 Conclusion -- References -- Part II: Evolution and Disruption in Finance -- Chapter 3 Traditional Finance vs. Decentralized Finance: A Comparative Analysis -- 3.1 Introduction -- 3.1.1 Traditional Approach to Financial Management -- 3.2 The Modern Approach to Financial Management -- 3.3 Alternative Financing and Risks -- 3.4 Crowdfunding. ; 3.5 Traditional Finance Theory and Decision-Making Models -- 3.6 Decentralized Finance -- 3.6.1 Main Components of DeFi -- 3.6.2 Benefits of DeFi -- 3.6.3 Risks and Limitations in DeFi -- 3.6.4 Key Metrics -- 3.7 Decentralized Finance and Traditional Finance -- 3.7.1 The Main Distinctions Are -- 3.8 Identifying and Managing Risk in Decentralized Finance -- 3.9 Conclusion -- References -- Chapter 4 Traditional Banking to Digital Banking: Technological Transformation, Trends and Disruptions -- 4.1 Introduction -- 4.2 Review of Literature -- 4.3 Objectives -- 4.4 Methodology -- 4.5 Transformation of Banking Sector: A Way to Digital Banking -- 4.5.1 Phase 1 (1991-2000): Liberalization and Modernization -- 4.5.2 Phase 2: Digital Integration and Financial Inclusion (2000-2010) -- 4.5.3 Phase 3: FinTech Disruption and Innovation (2010-2020) -- 4.5.4 Phase 4: Consolidation and Future Outlook (2020 onward) -- 4.5.5 Competitive Rivalry -- 4.5.6 Adoption of Latest Technology -- 4.5.7 Market Positioning -- 4.6 Trends in Digital Banking -- 4.6.1 Mobile Banking -- 4.6.2 Digital Wallet -- 4.6.3 Social Media -- 4.6.4 Biometrics -- 4.6.5 Cloud -- 4.6.6 Peer-to Peer (P2P) Lending and Payments -- 4.6.7 Blockchain -- 4.7 Challenges of Digital Banking -- 4.7.1 Cybersecurity Issues -- 4.7.2 Customer Education and Adoption -- 4.7.3 Regulatory Compliance -- 4.7.4 Technical Infrastructure and Integration -- 4.7.5 Customer Trust and Data Privacy -- 4.7.6 Operational Resilience -- 4.8 Conclusion -- References -- Chapter 5 The Meltdown Effect: Financial Crises and the Global Economic Ripple -- 5.1 Introduction -- 5.1.1 Background -- 5.1.2 The Question and Problem of Research -- 5.1.3 Importance of the Research -- 5.2 Anatomy of Financial Crises -- 5.3 Historical Case Studies -- 5.4 Global Economic Impact -- 5.5 Policy Responses and Mitigation Strategies. ; 5.6 Global Resilience and Recovery -- 5.6.1 Resilience Factors -- 5.6.2 Global Recovery Efforts -- 5.7 Conclusion -- References -- Part III: The Prospective of Decentralized Finance and Its Components -- Chapter 6 The Prospective of Decentralized Finance and Its Impact on Traditional Banking -- 6.1 Introduction to Decentralized Finance -- 6.2 Market Size of Decentralized Finance Market -- 6.3 Brief Historical Background of DeFi -- 6.4 Key Features -- 6.5 Concept of Smart Contracts -- 6.6 Key Applications of Smart Contracts -- 6.7 Adaptability of Decentralized Finance Across the Globe -- 6.8 Some Other Types of Financial Systems -- 6.9 Benefits of Decentralized Finance -- 6.10 Risks and Challenges Posed by Decentralized Finance -- 6.11 Opportunities of Decentralized Finance in the Banking World -- 6.12 Conclusion -- References -- Chapter 7 Exploring the Effectiveness of Centralized Exchange and Decentralized Exchange for Cryptocurrency Trading in the World of DeFi for Sustainable Finance -- 7.1 Introduction -- 7.2 Decentralized Applications (dApps) Categories -- 7.3 Centralized vs Decentralized Finance -- 7.4 Comparison of Traditional Financial System and Decentralized Finance System -- 7.5 Centralized Exchange vs Decentralized Exchange -- 7.5.1 Decentralized Exchange -- 7.5.2 Centralized Exchange -- 7.6 Conclusion -- References -- Chapter 8 Crypto Airdrops: Marketing Tool for Cryptocurrency Markets -- 8.1 Introduction -- 8.2 Concept of "Crypto Airdrops" -- 8.3 Crypto Airdrops: A Marketing Tool -- 8.4 Discussion -- 8.5 Concluding Remarks -- References -- Chapter 9 Unlocking the Power of Decentralized Exchanges: A Financial Paradigm Shift -- 9.1 Background -- 9.2 Decentralized Exchanges (DEXs) -- 9.2.1 Core Principles of Decentralized Exchanges -- 9.2.2 Types of Decentralized Exchanges. ; 9.3 Comparative Analysis Between Decentralized Exchanges and Centralized Exchanges -- 9.4 Advantages of Decentralized Exchanges (DEXs) -- 9.5 Growing Trend of Decentralized Exchanges -- 9.6 Challenges and Risks Associated with DEXs -- 9.7 Implications for the Global Economic System -- 9.8 Conclusion -- References -- Chapter 10 Stablecoins: The Cornerstone of DeFi -- 10.1 Introduction -- 10.2 Types of Stablecoins -- 10.2.1 Fiat-Backed Stablecoins -- 10.2.2 Crypto-Backed Stablecoins -- 10.2.3 Algorithmic Stablecoins -- 10.3 Importance of DeFi -- 10.4 Use Cases in DeFi Protocols -- 10.5 Challenges and Risks with Stablecoins -- 10.6 Future Developments -- 10.7 Conclusion -- References -- Chapter 11 Tokenization of Stable Assets to Cryptocurrency: Transformation of Traditional Investments and Trading to Digital Financing -- 11.1 Introduction -- 11.2 Traditional Investment and Trading Opportunities -- 11.2.1 Based on Financial Assets -- 11.2.2 Based on Physical Assets -- 11.2.3 Based on Marketable Assets -- 11.3 Trust and Transparency in Blockchain Technology -- 11.4 Growth of Cryptocurrency -- 11.5 Financial Freedom and Asset Growth Opportunity -- 11.6 Stable and Altcoins -- 11.7 Factors Affecting Investment Behaviors -- 11.8 Role of Speculators and Traders in Volatility -- 11.9 Stock Trading and Crypto Trading -- 11.10 Machine Learning Techniques in Price Predictions -- 11.11 Global and Emerging Economy Millennial Investment Interests -- 11.12 Implications -- 11.13 Conclusion with Future Research -- References -- Part IV: Governance, Future of Banking and Consumer Perspectives -- Chapter 12 Decentralized Finance's Governance-A Review of Decentralized Autonomous Organizations -- 12.1 Introduction -- 12.2 Evidence and Consequences of Unregulated Governance -- 12.3 Essential Elements of DeFi Governance -- 12.4 Decentralized Autonomous Organizations (DAOs). ; 12.4.1 Leading DeFi DAOs: Maker DAO -- 12.4.2 The Voting Procedure and Governance Structure of Maker -- 12.4.3 Leading DeFi DAOs: Synthetix -- 12.4.4 The Leading DeFi DAO: Metronome -- 12.5 Governance Tokens' Role in DeFi -- 12.5.1 veTokens -- 12.5.2 Case Studies in DeFi Governance -- 12.6 Challenges and Future for DeFi Governance -- 12.7 Implications for Managers and Practitioners -- 12.8 Conclusion -- References -- Chapter 13 Unified Payment Interface (UPI): An Analytical Dissection of the Current Framework and Future Scope of Introducing a Charge-per-Transaction Model -- 13.1 Introduction -- 13.2 The Current State of UPI -- 13.3 How the UPI Infrastructure Works -- 13.4 How UPI Dethroned the Status Quo -- 13.5 Analyzing the Cost of Running the UPI System -- 13.6 Exploring the Possibility of an MDR System -- 13.7 Conclusion -- References -- Chapter 14 Perspectives of Consumers Toward Cashless Transactions -- 14.1 Introduction -- 14.2 Cashless Payment Methods -- 14.3 Current Status of Cashless Economy on a Global Level -- 14.4 Importance of Cashless Transactions -- 14.5 Challenges to Cashless Transactions -- 14.6 Digital Payment Development -- 14.7 Perspectives of Consumers Toward Cashless Transactions -- 14.8 Recommendations -- 14.9 Scope of Future Research -- 14.10 Conclusion -- References -- Chapter 15 Bitcoin Ascent: Fueling the DeFi Revolution -- 15.1 Introduction -- 15.1.1 Definition of Bitcoin -- 15.1.2 Blockchain Technology -- 15.1.3 Decentralization -- 15.1.4 Mining -- 15.1.5 Bitcoin Wallets -- 15.1.6 Bitcoin Transactions -- 15.1.7 Supply Limit -- 15.1.8 Volatility and Price -- 15.1.9 Use Cases -- 15.1.10 Adoption and Regulation -- 15.2 Pre-Bitcoin Financial Landscape -- 15.2.1 Centralized and Traditional Finance -- 15.3 Glimpse About Bitcoin -- 15.3.1 Whitepaper Publication (August 2008) -- 15.3.2 Genesis Block and Mining Begins. ; 15.3.3 First Bitcoin Transaction.
• Sommario/riassunto: This book provides the essential knowledge needed to navigate the revolutionary future of finance with confidence through its comprehensive and accessible exploration of decentralized finance.
• Titolo autorizzato: Decentralized Finance and the End of Traditional Banking
• ISBN: 1-394-27180-8; 1-394-27179-4
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9911027077103321
• Lo trovi qui: Univ. Federico II