Kirill Bensonoff, Co-Founder & Head of Product at New Silver

One of the main use cases for decentralized finance (DeFi) has been lending. This typically involves crypto investors using their holdings as collateral to take out a loan to (often) invest in more crypto. This is all done programmatically via smart contracts but it has all seemed far removed from traditional finance. But in April, we had the¬†world’s first real estate transaction conducted via DeFi.

Lex Sokolin, Co-Head & Chief Marketing Officer at ConsenSys

Lex Sokolin, Co-Head & Chief Marketing Officer at ConsenSys

You have probably heard the terms DeFi, which is an abbreviation for Decentralized Finance and NFTs, meaning Non-Fungible Tokens. They have been covered in the news a great deal in the past month or more. So, I wanted to do an episode where we do a deep dive into these topics to find out not just what they are but what they might mean for the future of finance.