Praise for DECENTRALIZING FINANCE
In a space that is often fast-moving and difficult to fully understand, Bok successfully demystifies many of the key questions that surround DeFi. At R3 we have witnessed first-hand the evolution of emerging innovations such as CBDCs and tokenization, and what this book accomplishes is a detailed overview of the convergence between these new economic models and traditional financial frameworks. The book´s thoughtful breakdown of important industry initiatives, such as the Regulated Liability Network, enables readers to gain detailed insight into DeFi, without being overwhelmed by its complexities. Overall, Decentralizing Finance is a must-read for those interested in the impact of DLT and digital assets on today´s financial services industry.
-Todd McDonald, Co-Founder and Chief Strategy Officer, R3
In the rapidly changing world of DeFi, Kenneth´s book is both relevant and timely, offering authoritative insights on the industry´s current evolution. In sharing his vision for the future, he brings valuable perspectives from deep experience in digital assets and blockchain as an investor, trader and more. Whether you are a crypto-native or just starting out in DeFi, I recommend this as an essential and informative read.
-Darius Sit, Founder & CIO, QCP Capital
Kenneth Bok´s book provides a solid overview of the fast-moving Decentralized Finance ecosystem. In particular, he introduces critical developments within and outside the regulatory perimeter. But Ken does not stop there; he also shares his future vision for DeFi - pick up a copy to find what it is. I recommend his book to anyone who wants to understand DLT & blockchain-based finance and is overwhelmed by the pace of industry developments and the quantity of academic papers released daily. Ken uniquely contributes to our understanding of DeFi by delivering the future standard introductory work for industry practitioners.
-Daniel Liebau, Affiliated Faculty, Singapore Management University
Kenneth Bok offers a comprehensive overview of the DeFi landscape by clearly defining the various layers of the application and infrastructure stack, presenting the key use cases and the differing mechanisms, and relating them to the current traditional finance and regulatory systems. Kenneth also offers glimpses into how factors such as government and market competition will change the landscape moving forward. This book should be read by anyone looking to understand DeFi from a theoretical and practical lens, as well as the associated benefits and risks of participating directly in the ecosystem.
-Lasse Clausen, Founding Partner, 1kx
