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DeFi Beyond the Hype - Wharton Initiative on Financial ...

The Wharton School The University of Pennsylvania DeFi Beyond the Hype | 3 Smart Contracts:Blockchain-based software code that carries out, controls, and documents relevant events and actions according to predefined terms and rules. Decentralized Applications (Dapps):Software applications built out of smart contracts, often integrated with user-facing …

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A companion piece, DeFi Beyond the Hype, provides additional detail about the major DeFi service categories. Our hope is that this resource will enable regulators ... University of Pennsylvania Decentralized Finance (DeFi) Policy-Maker Toolkit 3. Executive summary Decentralized finance (“DeFi”) is a broad term

  Pennsylvania, Beyond, Hype, Fides, Defi beyond the hype

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