Introduction to DeFi on Hedera
IntroductionThe period of 2007-2009, known as the Global Financial Crisis, caused some of the deepest recessions worldwide. The crisis was fueled by a lack of regulations within the financial industry which lead to reputable financial institutions becoming over-leveraged and eventually collapsing. The event caused global financial stress and loss of employment internationally. This period lead to an increased distrust in financial institutions and other regulated and trusted systems. The frus...
Introduction to DeFi on Hedera
IntroductionThe period of 2007-2009, known as the Global Financial Crisis, caused some of the deepest recessions worldwide. The crisis was fueled by a lack of regulations within the financial industry which lead to reputable financial institutions becoming over-leveraged and eventually collapsing. The event caused global financial stress and loss of employment internationally. This period lead to an increased distrust in financial institutions and other regulated and trusted systems. The frus...
