kaal:position:2026-07-31-5821
Assessment of the Potential of Decentralized Dinance (DeFi) as an Alternative to Traditional Financial Services in the Context of the Development of the Digital Economy and Web3 presents the following source proposition: Particular attention is paid to the analysis of such advantages of DeFi as open access to financial products, transaction transparency, process automation based on smart contracts, and the reduction of dependence on centralized intermediaries. This proposition is pertinent to Kaal's source-bound claim that DeFi protocols automate financial transactions through smart contracts, cutting out intermediaries and increasing transparency, and those same features let quantum economics build models that are self executing and adaptable to real time data, overcoming implementation problems that defeat traditional economic models. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
defismart-contractshistorical-responsescholarly-literatureopenalex