Decentralized finance (DeFi) is a multi-billion-dollar movement involving several intermingled concepts. At its core, it is blockchain-based and uses an immutable, trustless computer network that verifies transactions without human intervention. Most of the Ethereum-based decentralized exchange (DEX), which allows people to swap tokens that run on the Ethereum network.
Individuals can also earn money on the platform by providing liquidity by locking up tokens they own; others can then borrow the tokens and pay interest to the liquidity providers. All of this is using smart contract code without human intervention.
During this webinar, hosted by the Hong Kong Wireless Technology Industry Association, experts from ONC Lawyers, Hoplite Technology and Clema Risk Solutions, will explore the opportunities as well as legal issues and security with DeFi.
Speakers:
Moderator: Donald Chan, Vice Chairman, Hong Kong Wireless Technology Industry Association
Register here