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Banking without Banks: Decentralized Finance is Coming

Azeem Azhar's Exponential View

CHAPTER

The New Architecture of Trust

Block chains give people a guaranteed outcome that is executed according to the laws of physics and according to inscription. There's actually even nobody running a system where they could make a choice not to honor the agreement. The value passing through these things, i think the volume of people reviewing them would be immediately apparent if you were to try to unite their policy holders with each other.

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