#CryptoRoundTableRemarks In the latest roundtable titled "DeFi and the American Spirit," American values of economic freedom, private property, and innovation were discussed, as well as the DNA of the DeFi (Decentralized Finance) movement.
Blockchains, of course, are a very creative and potentially revolutionary innovation that leads us to rethink the evidence of ownership and the transfer of intellectual and economic property rights. They are shared databases that allow for the ownership of a type of digital property known as crypto-assets without relying on an intermediary or central entity. Instead, these peer-to-peer networks incorporate an economic mechanism that incentivizes participants to validate and maintain the database according to the rules of the network.