POPA ReconTradFi doesn't want DeFi (a16z) source
TradFi doesn't want DeFi (a16z) source 1. What organizations want is efficiency - The reason banks use blockchain is to reduce costs, speed settlement, and improve collateral efficiency. - Introduced only when control and accountability structures can be maintained. 2. So, DeFi is not used as is. - KYC/AML, asset freeze, and transaction control functions are required - Unauthorized access and anonymity are eliminated, and reorganized into a programmable financial infrastructure for institutions. 3. However, private blockchain has already shown its limitations. - Hyperledger, etc. failed to…
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