DeFi's impact on Business and Society

Julian Hosp, CEO and co-founder of Cake DeFi, interviewed by futurist Trond Arne Undheim.

In this conversation, we talk about how DEFI emerged and what problems it fixes. We cover the problems in centralized finance—centralized control, limited access, inefficiency, lack of interoperability, and opacity. We then discuss the future of the DeFi industry.

After listening to the episode, check out Cake DeFi as well as Julian Hosp's social media profile:

Trond's takeaway: DeFi is now more than a niche phenomenon, it is already in the real world of finance, used for payment, currency creation, and credit scores. DeFi might just alter banking as we know it, but don't count out centralized institutions taking a key role in its rollout, since blockchain can serve many purposes, including contribute to maintaining the status quo.

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If you like this topic, you may enjoy other episodes of Futurized, such as episode 99, Blockchain uncapitalism on desktop PCs, episode 59, The Tokenization of Securities, or episode 44, The Future of Open Finance.

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