Financial technologies have been advancing rapidly in recent years, thanks to the continuous development of information technology (IT) and cryptography. These advancements have paved the way for decentralized finance and crypto-currencies, which have the potential to significantly impact the future economy worldwide.

Decentralized finance, also known as DeFi, refers to the use of blockchain technology to create financial services that are accessible to anyone with an internet connection. This approach eliminates the need for traditional intermediaries, such as banks or brokerages, and allows for more efficient and transparent financial transactions. Crypto-currencies, such as Bitcoin and Ethereum, are digital currencies that use cryptography and digital contracts (encoded arrengements with automated execution) to secure transactions and control the creation of new units.

The rise of DeFi and crypto-currencies has the potential to revolutionize the global economy by providing greater financial inclusion, reduced transaction costs, and increased security and privacy. With decentralized platforms enabling peer-to-peer lending, borrowing, and trading, individuals and businesses can access financial services without the need for traditional financial institutions and with greater efficiency for an end-user (investor).

In addition to DeFi and crypto-currencies, crowd financing has emerged as a powerful tool for funding small and medium businesses and initiatives, including those in infrastructure and mining in developing countries. Crowd financing, also known as crowdfunding, involves raising capital from a large number of individuals or organizations to support a specific project. This approach has gained popularity in recent years due to its potential to democratize investment and finance, allowing individuals to invest in projects that align with their values, interests and social responsibility position.

Crowd financing plays a crucial role in developing countries, where traditional financing options may be limited or inaccessible. By leveraging the power of the crowd (including that from abroad), small and medium projects can raise the necessary capital to grow and prosper, driving economic development and creating job opportunities for local communities.

Gustav List Management team believes that the modern development of financial technologies, such as Decentralized Finance, crypto-currencies and crowd financing, holds great promise for the future economy worldwide. By harnessing the power of IT and cryptography, these innovations have the potential to transform the way we access and manage financial services now, driving economic growth and prosperity for all.