How DeFi Could Disrupt Traditional Finance, Feat. Sergey Nazarov

<p><span style="font-weight: 400;">Today on the Brief:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Big tech goes to Washington</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">The debate on the next COVID-19 relief act heats up</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">More on institutional investors’ move into gold </span></li> </ul> <p><span style="font-weight: 400;">“Imagine a world without counterparty risk.”</span></p> <p><span style="font-weight: 400;">That was Chainlink co-founder Sergey Nazarov’s answer when asked to describe the true disruption of decentralized finance to a traditional finance audience. </span></p> <p><span style="font-weight: 400;">On this episode of The Breakdown, Sergey and NLW discuss:</span></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">Brand-based contracts vs. math-based contracts</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">The history of smart contracts</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">What it means to build an “abstraction layer” for “universally connected smart contracts”</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Key moments in the history of smart contract infrastructure </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Where smart contracts and DeFi are in terms of analogies to the early internet </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why Sergey believes traditional finance will inevitably shift to a math-based contract model </span></li> </ul> <p><strong>Find our guest online:</strong></p> <p><span style="font-weight: 400;">Website:</span> <a href= "https://chain.link/"><span style= "font-weight: 400;">Chainlink</span></a></p> <p><span style="font-weight: 400;">Twitter:</span> <a href= "https://twitter.com/SergeyNazarov"><span style= "font-weight: 400;">@SergeyNazarov</span></a></p>