The book offers an introduction to the technical foundation of decentralized insurance models, for advanced undergraduate students, graduate students and practitioners. The book is self-contained and anyone with a basic knowledge of probability and statistics should be able to follow through the entire book. It adopts a minimalist approach to describe the essential elements and first principles so that readers can get a gist of these models without being overwhelmed with too much technicality. It can be used as a reference for business model designs. The inclusion of exercises and practical examples makes the book suitable for advanced courses on decentralized insurance and risk sharing. There is a mix of industry practices and academic models presented in this book. The exposition starts with an overview of historic and current business practices and preliminaries on the mathematics and economics of risk and insurance. A bird's-eye view of traditional insurance is provided as a benchmark for various topics to be used in contrast with decentralized insurance. The book then continues with decentralized insurance practices around the world, including online mutual aid originated in China, takaful from the Islamic world, peer-to-peer insurance in the West, catastrophe risk pooling for Carribean countries, etc. Theories of aggregate risk pooling and peer-to-peer risk exchanges are provided for readers to appreciate the mathematical foundation of risk sharing. A unified framework of decentralized insurance is presented to show a structured approach to the economic design of decentralized business models. The book ends with a technical review of blockchain and decentralized finance (DeFi) insurance applications.

In the sector of modern finance, a new issue emerges – the fragility of traditional financial systems in the face of technological evolution. The march of time has brought forth formidable challenges, shaking the foundations of age-old norms. This evolving financial paradigm grapples with challenges such as trust issues, geographical limitations, and exclusivity. In response to these challenges, Decentralized Finance and Tokenization in FinTech offers profound insights and solutions to navigate the complexities of this era. This book delves into the disruptive forces of Decentralized Finance (DeFi) and the revolutionary nature of Tokenization, ultimately paving the way toward a decentralized future. This comprehensive resource seeks to contribute significantly to current research and understanding in the realms of DeFi and Tokenization. It serves as an educational cornerstone, providing in-depth insights into fundamental concepts, technologies, and applications for both newcomers and seasoned professionals. By demystifying technical complexities, addressing challenges, and analyzing comparative advantages, the book empowers readers to navigate the evolving landscape. From decentralized governance models to global perspectives on DeFi, it fosters thought leadership and inspires discussions on the societal, economic, and technological impacts of decentralized finance and tokenization.

This book summarizes several industry happenings in the blockchain world. While the blockchain and cryptocurrency industry has grown leaps and bounds, within the past several years including newer forms of products that use decentralized finance, non-fungible tokens, smart contracts, etc. Overall, the decentralized finance (Defi) markets have grown to include protocols such as MakerDAO, Uniswap, wrapped tokens such as synthetics, etc. However, Non Fungible tokens create a large marketplace, giving digital art a unique and powerful outlet. Overall non-fungible tokens can be traded for other assets such as Ethereum, Bitcoin, etc. on public decentralized and centralized marketplaces. Overall, smart contracts provide a unique opportunity to enable different types of marketplaces that include financial assets and non-fungible tokens that include digital art and smart contract-based financial instruments.

“Decentralized Finance (DeFi): Unlocking The Future Of Financial Freedom," embarks on a captivating journey into the world of decentralized finance. The author, Michael McNaught, explores the groundbreaking concept of DeFi and its potential to revolutionize traditional financial systems. From understanding the foundations of DeFi and its advantages over traditional finance to delving into the building blocks of blockchain technology, smart contracts, and cryptocurrencies, this book leaves no stone unturned. Discover the wide range of DeFi applications, from decentralized exchanges (DEXs) and lending platforms to stablecoins and decentralized asset management. Uncover the risks and challenges that accompany this nascent ecosystem, including smart contract vulnerabilities and regulatory considerations. Gain insights into DeFi investment strategies, portfolio management, and the dynamic nature of the market. Peek into the future of DeFi as it integrates with traditional finance, addresses scalability and interoperability, navigates regulatory landscapes, and embraces social impact. As you turn the pages, unravel the immense potential of decentralized finance to empower individuals, foster financial inclusion, and unlock the door to financial freedom. Whether you are an investor, entrepreneur, or simply curious about the future of finance, "Decentralized Finance (DeFi): Unlocking The Future Of Financial Freedom" equips you with the knowledge and understanding to navigate the exciting world of DeFi and seize its transformative opportunities. Get ready to embark on a journey that challenges the status quo and unlocks a future of financial freedom for all.

Understanding Decentralized Finance demystifies DeFi, locating the integration points between decentralized and centralized finance to help finance professionals unlock valuable opportunities. DeFi - the next evolution of cryptocurrency - has brought a new wave of investors into the world of finance. As fintechs and financial institutions seek to integrate with DeFi, this book explores its history, its present context, and its future. It explains the world of DeFi by comparing it to the traditional finance sector, highlighting points of similarity, difference and integration. Understanding Decentralized Finance explores the technologies underlying the DeFi market and how they differ from those of traditional financial markets. It scrutinizes the difference between centralized and decentralized cryptocurrency exchanges, how NFTs fit into DeFi and how collectibles can be financialized. Readers will also find out how collateralized loans, derivatives, margin trading and liquidity provision work in a world where there is no centralized institution to coordinate these activities - and how regulators in different jurisdictions are ensuring that financial regulations keep up with these innovations. With examples from key actors in the field, including the movement of luxury organizations like Christie's and Sotheby's into the NFT space and the SushiSwap vampire attack, this is an essential read for anyone working in finance, fintech and technology who needs to understand the fast-moving world of DeFi.

Digital Agricultural Ecosystem The book comprehensively explores the dynamic synergy between modern technology and agriculture, showcasing how advancements such as artificial intelligence, data analytics, and smart farming practices are reshaping the landscape to ensure food security in the era of climate change, as well as bridging the gap between cutting-edge research and practical implementation. Agriculture has historically been the foundation of human civilization and benefits communities all around the world. Agriculture has a creative, adaptable, and innovative history, and as the digital age draws closer, agriculture is once again poised for change. Each of the 20 chapters explores the connection between agricultural and technological advancements, and are divided into four key areas. Part 1 covers knowledge sharing in the digital agricultural ecosystem. In the context of modern agriculture, the chapters underscore the importance of information flow. Through comprehensive reviews of literature and assessments of farmer participation on social media platforms, these chapters illustrate the value of information sharing for sustainable agriculture. Part 2 explores the adoption and impact of digital technologies in agriculture. The use of cutting-edge digital technologies in agriculture is examined thoroughly in this section. The chapters included here outline how precision, artificial intelligence, and blockchain technology have the potential to transform methods of agriculture and improve food systems. Part 3 addresses smart farming and sustainable agriculture. This section focuses on sustainability and offers details on eco-friendly production methods, the significance of smart farming in many nations, including India and the UK, and cost-effective fertilizer sprayer technologies. Part 4 examines the modeling and analysis of agricultural systems. This last section explores how mathematical modeling and data analytics are used in agricultural systems, with insights on everything from the study of credit access constraints in rural regions to water resource management in irrigation systems. Audience The diverse readership includes farmers, agronomists, agricultural researchers, policymakers, environmentalists, information technologists, and students from academic and professional fields who are eager to learn more about how digital innovation and sustainable agriculture can be used to address global issues such as climate change, food security, and smart farming.

This book sets out to explain blockchain for the non-technical expert, to decipher the dense technicalities that dominate the field and to present the opportunities for busy professionals using practical applications and case studies. Presented in a clear and structured way and with documented real-world cases, the book is a practical reference guide that can be used across different industries. It offers both a constructive and critical review of the pain points blockchain is facing today, illustrates the pitfalls as well as the opportunities for business and describes the steps towards overcoming them. It also aims to provide a unique view of both the intersection and synergy of blockchain with other emerging technologies and the wider digital ecosystem, as we see increasingly that blockchain alone won’t be able to deliver business solutions. Most important, the book identifies trends and a path for the future of blockchain and its impact on society as a whole. The book is written for business audiences across all sectors. It is not a technical guide to blockchain, but it enables businesspeople to be better informed and prepared to plan ahead and develop strategies using blockchain.

"The Power of Decentralization: How Blockchain is Redefining Governance and Trust" is a book that explores the potential of blockchain technology to revolutionize traditional centralized systems of governance and trust. The book explains how blockchain, a distributed ledger technology, enables the creation of decentralized networks that can operate without intermediaries or centralized authorities. The author argues that decentralization can create a more transparent, secure, and democratic society, where individuals have greater control over their data and assets. The book provides examples of how blockchain is already being used to disrupt industries such as finance, supply chain management, and voting systems. The author also discusses the challenges and limitations of blockchain technology, including scalability and regulatory concerns. The book is written for a general audience and does not require technical expertise to understand. It aims to educate readers about the potential impact of blockchain technology on society and to inspire them to consider the possibilities of decentralization.