Digital Banks are Going to Disrupt the Digital Assets Industry

Oliver Deak is the CTO of SEBA Bank, a Swiss-based bank that deals with digital assets. He explains how banks are looking to navigate the digital assets industry by using fully regulated services and offering institutional grade quality. DeFi is a decentralised way of producing financial products with processes managed by smart contracts (instead of intermediaries) on a ledger during the entire life-cycle. The idea of decentralised finance is now being recognised as a critical shift in the way financial markets operate.