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September 10, 2025Pranjana The Journal of Management Awareness

The impact of decentralized finance (DEFI) on traditional banking systems: Opportunities and challenges

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Authors

NSNeha SabharwalNSNeha Solanki

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Overview

Explores how decentralized finance shifts traditional banking systems, highlighting transparency and regulatory obstacles.

Key Points

  • Decentralized finance significantly affects traditional banking systems, indicating major shifts in financial operations.
  • Key aspects like transparency and cost-effectiveness have been profoundly influenced by decentralized finance.
  • Analysis of blockchain technology illuminates new opportunities for accessibility in financial ecosystems.
  • Research findings highlight potential regulatory challenges that must be addressed to embrace decentralized finance.

Cite This Study

Sabharwal et al. (2024) studied this question.

synapsesocial.com/papers/68c1dda954b1d3bfb60fc949https://doi.org/10.5958/0974-0945.2024.00003.8
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