Gradually, then Suddenly - Can DeFi become Viable Alternative to Traditional Finance?
Traditional finance is riddled with issues that arise due to its requirement of middlemen carrying out financial transactions. An increasingly connected world has highlighted such drawbacks, where intermediaries like banks charge high fees to become entry barriers for accessing various financial instruments. Hence, there has been a growing need for an alternative financial system with lower transaction fees and improved accessibility. DeFi is evolving to leverage blockchain’s properties like decentralization and transparency to provide financial services to any individual with an internet connection and a mobile device. They have proven to be a useful tool for crypto enthusiasts as they found new ways to earn income by lending their crypto assets on DeFi platforms. Beyond financial services, several industries including e-commerce, gaming, real estate, and sports have discovered various use cases of DeFi. This report highlights how startups and enterprises are leveraging DeFi to change the way we embrace financial services using cryptos. It also draws attention to how business leaders and major industries like automotive, energy, and healthcare can be benefitted in the future with the adoption of DeFi.
DeFi overview and its key applications across industries, ecosystem and major stakeholders in each industry, buzz created in the media, VC investment trends, innovations across industries and examples related to implementation of DeFi, trends in patent filings and grants, and the future potential of DeFi.
Summary
Traditional finance is riddled with issues that arise due to its requirement of middlemen carrying out financial transactions. An increasingly connected world has highlighted such drawbacks, where intermediaries like banks charge high fees to become entry barriers for accessing various financial instruments. Hence, there has been a growing need for an alternative financial system with lower transaction fees and improved accessibility. DeFi is evolving to leverage blockchain’s properties like decentralization and transparency to provide financial services to any individual with an internet connection and a mobile device. They have proven to be a useful tool for crypto enthusiasts as they found new ways to earn income by lending their crypto assets on DeFi platforms. Beyond financial services, several industries including e-commerce, gaming, real estate, and sports have discovered various use cases of DeFi. This report highlights how startups and enterprises are leveraging DeFi to change the way we embrace financial services using cryptos. It also draws attention to how business leaders and major industries like automotive, energy, and healthcare can be benefitted in the future with the adoption of DeFi.
DeFi overview and its key applications across industries, ecosystem and major stakeholders in each industry, buzz created in the media, VC investment trends, innovations across industries and examples related to implementation of DeFi, trends in patent filings and grants, and the future potential of DeFi.
Scope
- Technology Decoding: presents the technology overview, growing interests in the technology, major milestones, DeFi vs TradFi, Ethereum vs Binance, ecosystem players, major applications, and a market map with potential use cases and popular players (startups as well as enterprises).
- Media & Trend Analysis: highlights the technology presentation from the media perspective - major news, initiatives from banks and financial institutions, the social media buzz promoting the technology, and job hirings for the technology. Also, includes mentions of the technology from company annual and other filings.
- Investment Radar: outlines the venture capital funding trends with some of the popular deals, country-wise funding, recently funded select startups, and notable investors and accelerators pumping millions into the technology growth.
- Innovation Explorer: introduces game-changing company innovations with a spotlight on startups. Select company partnerships inclined at future technology adoption are also mentioned.
- IP Landscaping: provides a broad-level analysis of the trends in patent filings and grants, priority countries, and key patent filers in the technology. Also, highlights unique patents by enterprises.
- The Road Ahead: summarizes the drivers and challenges, use cases that can become successful with business leaders, potential applications in new horizons, and the outlook of the technology.
Reasons to Buy
- this FutureTech Series Reports are aimed at capturing futuristic technologies which have the potential to disrupt tomorrow.
- These technologies are constantly changing, adapting, and progressing to enable a paradigm shift in our daily lives.
- The awareness, knowledge, and expertise of these topics help transform business models and strategic thinking with an in-depth understanding of mega trends that can directly influence patenting, collaboration, acquisition, and investment decisions.
Table of Contents
1. Technology Decoding: Overview2. Media & Trend Analysis: News publication trends, Thought leadership, Social media traction, Company filings, Active jobs by companies
3. Investment Radar: VC investment trends, Top countries by most deals, Top funded startups, Most active investors and accelerators
4. Innovation Explorer: Key innovators, startups under spotlight and major company partnerships
5. IP Landscaping: IP Filing trends
6. Road Ahead: Drivers and challenges, Emerging concepts, Potential use cases for business leaders, Futuristic industry applications, Outlook
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Siemens
- Ethereum
- CoinGecko
- CoinMarketCap
- Salt Lending
- CoinLoan
- Consensys
- Contour
- SCB 10X
- Uniswap
- Synthetix
- MakerDAO
- Hifi Finance
- Robinhood
- GameStop
- Binance
- Solana
- Terra
- Polygon
- Aave
- Compound Labs
- Dydx
- bZx
- Instadapp
- Mainframe
- OpenDAO
- BiLira
- Dharma Labs
- USD Coin
- Tether
- Monerium
- DeFiDollar
- Meld
- Asia Reserve Currency Coin
- Ox
- Bisq
- IDEX
- Huobi Global
- Bancor
- Coinbase
- MyEtherWallet
- Metamask
- Argent
- Trust Wallet
- MyCrypto
- Tangem
- DeFi Pulse
- DeepDAO
- OxTracker
- APY.vision
- DeFiLlama
- Chainbeat
- Augur
- Gnosis
- Opium Finance
- Universal Market Access
- Nexus Mutual
- Openfinance
- Opyn
- Polymath
- Etherisc
- Harbor
- Civic
- uPort
- Bloom
- 3Box Labs
- BrightID
- Blockpass
- SelfKey
- Binance DEX
- Binance Smart Chain
- Fireblocks
- DeFiner
- DigiliraPay
- GoldFinX
- Mt Pelerin
- PumaPay
- Unifimoney
- TrustWorks
- Bunicorn
- KingSwap
- X World Games
- SwapXI
- My DeFi Pet
- Terra Virtua
- DeFi Land
- Icetea Labs
- SportsD3
- SportyCo
- TradeStars
- Sportscash One
- Rage Fan
- KoKoSwap
- DeFi 11
- GamyFi
- BrickEX
- Meridio
- Jointer
- Blocksquare
- Lofty AI
- Smart Realty
- Propy
- RealT
- Assetblock
- LandOrc
- Landshare
- Splyt Core
- Curate
- E-Shop
- Defito
- Brugu
- Boson Protocol
- CoinLinked
- Ekart Inu
- MedicalVEDA
- Grayblock Power
- Solve.Care
- Carnomaly
- Mogul Productions
- Enedex
- ESP Coin
- SingularityDAO
- Dtravel
- Fetch.ai
- Lexit
- King Arthur DeFi
- Goldman Sachs
- PayPal
- Royal Bank of Canada
- Citigroup
- Visa
- Capital One Services
- Square
- UBS
- Barclays
- J.P.Morgan
- American Express
- Siam Commercial Bank
- Mastercard
- ING Group
- HSBC
- Atari
- Sony Interactive Entertainment
- Warner Bros
- Nexon
- Ubisoft
- Square Enix
- Amazon
- Amazon Web Services
- Walmart
- eBay
- Alibaba
- Rakuten
- Shopify
- Deutsche Telekom
- Swisscom
- Ford
- Eaton
- BMW
- WebMD
- Microsoft
- Adobe
- Engie
- Fujitsu
- Denso
- AT&T
- Hewlett-Packard
- General Electric
- Samsung
- Lenovo
- Bank of America
- Amex Ventures
- Abra
- Axie Infinity
- Atari Chain
- Fantom
- SportsIcon
- Sheesha Finance
- Y Combinator
- Tesla
- SpaceX
- Ant Group
- Berkshire Hathaway
- Virgin Group
- SBI Holdings
- HTC
- Galaxy Digital
- Moody’s
- FIS
- Zerion
- Fairmint
- Alkemi Network
- MathWallet
- WOO Network
- Reef Finance
- APY.Finance
- Terraform Labs
- Vauld
- Maps.me
- Wintermute Trading
- Framework Labs
- Flare Network
- 98Labs Inc.
- Superfluid
- Alchemix
- Gro
- Lyra
- ParaFi Capital LLC
- DeFi Alliance
- CMS Holdings LLC
- AU21 Capital
- Polychain Capital LLC
- NGC Ventures
- Genblock Capital
- Defiance Capital LLC
- Moonwhale Ventures Pte Ltd
- X21 Capital
- Rarible
- Algorand
- Orbs
- Pfizer
- Intel
- IBM
- R3
- PwC
- Long Hash
- Polkadot
- Circle
- Paxos
- Skybridge Capital
- NAX
- Energy Web
- Engie Energy Access
- Uphold
- Galileo Financial Technologies
- Spring Labs
- TransUnion
- Winklevoss IP
- Advanced New Technologies Co.
- Ltd.
- nChain Group
- Strong Force Intellectual Capital
- Sinochain Technology Co. Ltd.
- Bizmodeline Company
- Lbxc Co. Ltd.
- All It Top Co. Ltd.
- Coinplug Inc.
- Salesforce
- Milestone Entertainment
- Coinbase Global
- Fidelity Investments Inc.
- Mythical Inc.
- Nuro
- Directly Inc.
- IPwe Inc.
- LunaPBC Inc.
- Dcun Corp
- Meng Jianghua
- Wells Fargo Bank
- Jabil Inc.
- Abaxx Technologies
- Beijing Aimo Ruice Technology
- Scientia Potentia
- State Farm Insurance
- Stellar Vdc Commerical
- RadwareLtd.
- Lottery Now Inc.
- FirstBlood Technologies
- SportsMEDIA Technology Coporation
- 9th Gear Technologies
- Middle Chart LLC
- Mox-SpeedChain LLC
- BT Group
- Fidessa Group
- Coral Protocol
- Resillience Financing
- ShapeShift
- Poleecy Insutech S R L S
- JP Oversight Corporation
- Volatility Managers LLC
- Blockchain Development Company
- Securrency Inc
- JPMorgan Chase Bank
- Cisco
- Lition
