Review of Decentralized Finance Applications and Their Total Value Locked
Review of Decentralized Finance Applications and Their Total Value Locked
Author(s): Viktorija Stepanova, Ingars EriņšSubject(s): Business Economy / Management, Financial Markets
Published by: UIKTEN - Association for Information Communication Technology Education and Science
Keywords: Blockchain; Decentralized Finance; Decentralized Applications; Total Value Locked
Summary/Abstract: Currently, in the world there is a growing interest in the digital economy including the blockchain technology. Decentralized Finance (DeFi) is one of the leading current blockchain technology-related trends. The paper aims to provide an overview of the opportunities, advantages and shortcomings of this technology, as well as to summarize information on 12 most popular DeFi applications, using Total Value Locked indicators for the period of 34 months.
Journal: TEM Journal
- Issue Year: 10/2021
- Issue No: 1
- Page Range: 327-333
- Page Count: 7
- Language: English