Demystifying the World of DeFi, with Cao Yin

DeFi or Decentralized Finance has become the hottest commodity in the blockchain space today. The DeFi movement follows a suite of strong hypes in the industry after ICOs, STOs, and IEOs. Today, over $2 billion dollars worth of tokens are locked in DeFi projects.  

Some of you might be wondering what is DeFi? But once you understand the concept the real questions are: what makes DeFi so different? Is it just another hype in the space? Who are the winners and losers? Chinese investors are among the most active investors in the space, Does this bring additional value or opportunities for Chinese DeFi startups?

To help us answer these questions and more, we have invited to the show, Cao Yin, Founding Partner of Digital Renaissance Foundation, a Shanghai-based company that is helping to accelerate the future by consulting, incubating and financing projects in the blockchain ecosystem and investor in the first DeFi project launched in China.

Show Notes

[1:55] Introduction to Cao Yin

[8:46] What makes blockchain so different? Hype vs Reality?

[13:15] DeFi use cases

[17:10] Winners and Losers from DeFi

[21:26] How DeFi affects the government

[25:04] Risks of DeFi. What can go wrong?

[29:10] China's view on DeFi

[32:19] Opportunities for DeFi startups today

[33:58] Chinese DeFi investors

[36:27] Contact Cao Yin and Digital Rennaisance Foundation

Many thanks to our guest  Cao Yin; host Oscar Ramos; producers Eva Shi and Sagar Chaudhary; editor David; organizer Chinaccelerator; and sponsor People Squared. Be sure to check out our website www.chinaccelerator.com

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