Digitization presents opportunities for new ways of doing business, organizing data, training AI, providing oversight and regulation, and providing real-time metrics and accountability. The ability to track a range of previously difficult to measure externalities (carbon, labor, and provenance of physical and digital goods, to name a few) has never been closer. One technology that could be instrumental in this regard, is decentralized digital architectures.

Defi is now one of the fastest growing sectors in crypto. Industry observers measure traction with a unique new metric — “ETH locked in DeFi”. At the time of writing, users have deposited over $600 million worth of crypto into these smart contracts.