In DeFi and the Future of Finance, Campbell Harvey provides a comprehensive overview of decentralized finance (DeFi). He explains how this new category of financial applications is built on blockchain technology and explores its potential to revolutionize the world’s banking system. Harvey begins with an introduction to blockchains and cryptocurrencies, highlighting the features that make them well-suited for supporting DeFi applications. He then reviews various types of DeFi products, including peer-to-peer lending, margin trading, stablecoins, and prediction markets. Next comes a discussion of key issues facing developers and users in the DeFi space. Finally, Harvey looks ahead to see where this exciting technology might take us in the future.
For who is this book for ?
DeFi and the Future of Finance is for anyone interested in learning about decentralized finance applications built on blockchain technology. It provides a comprehensive overview of the topic, from explaining blockchains and cryptocurrencies to exploring various DeFi products and addressing key issues faced by developers and users.
Pros :
- The author provides a comprehensive overview of decentralized finance
- He explains how this new category of financial applications is built on blockchain technology
- The book explores the potential to revolutionize the world’s banking system
Cons :
- The book is a little too technical for people who are not familiar with the blockchain and cryptocurrency technology.
- The author does not provide specific examples on how DeFi products can be used in real life.
- There is no concluding chapter that summarizes the content of the book.
Learn more about the author
Campbell R. Harvey is the J. Paul Sticht Professor of Entrepreneurship at Duke University’s Fuqua School of Business and a Research Fellow at the National Bureau of Economic Research (NBER). He has written extensively on financial economics, including more than 100 articles in top journals such as The American Economic Review, Econometrica, and Journal of Finance.
Reader Reviews
“If you are looking for a comprehensive introduction to decentralized finance (DeFi), look no further than this book by Campbell Harvey. He explains how this new category of financial applications is built on blockchain technology and explores its potential to revolutionize the world’s banking system.”
“A great read for anyone interested in DeFi and blockchain technology!”
“This book is a great introduction to decentralized finance. Campbell Harvey does an excellent job explaining the technology underpinning DeFi applications and how they work.”
“This book is a great introduction to the world of decentralized finance. Campbell Harvey does an excellent job explaining how blockchain technology can be used to create new financial applications.”