To understand the concept of Decentralized Finance (DeFi) and its key components such as smart contracts, decentralized exchanges, and tokenization.
To evaluate the strategic role of blockchain technology in transforming core functions of modern financial institutions.
To analyze the benefits of DeFi in terms of transparency, reduced intermediation, faster transactions, and lower operational costs.
To examine the challenges of DeFi adoption, including regulatory uncertainty, security risks, and interoperability.
To assess how traditional financial institutions are experimenting with or integrating blockchain into their operations.
Conduct a literature review on the evolution of DeFi, blockchain architecture, and consensus mechanisms (e.g., Proof of Stake, Proof of Work).
Study use cases where financial institutions are exploring blockchain (e.g., JPMorgan’s Onyx, SBI's blockchain trials, or CBDC pilots).
Compare traditional centralized financial systems with DeFi-based models in terms of cost, speed, and risk.
Analyze smart contracts and their application in lending, insurance, asset management, and cross-border payments.
Evaluate DeFi platforms (e.g., Aave, Compound, Uniswap) and their relevance for institutional finance.
Identify regulatory and technological barriers to large-scale adoption of DeFi by modern financial institutions.
Prepare a strategic report with case analysis, risk-benefit assessment, future outlook, and recommendations for financial institutions evaluating blockchain adoption.
