Financial services are primed for rapid and transformative changes. We foresee a more agile, transparent and decentralized alternative to traditional finance emerging to provide a friction-less finance where global supply/demand of capital and assets are managed in perfect equilibrium.
In this utopian world of finance, capital and assets are exchanged on/off-chain seamlessly. A global community of auditors will assess the risk of assets, and the loan will be fulfilled by lenders who understand the risk/return profile. In addition, lenders will be equipped with comprehensive analytical tools and complete sets of verifiable on-chain data to make informed decisions. Smart contracts will automate the entire funding and settlement process, fully emulate the existing banking services at no additional cost or the need to be overcollateralized.