Risks and Solutions in Islamic Decentralised Finance *

Suryasish Majumdar, Saikat Gochhait
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Abstract

Decentralised Finance(DeFi) is a relatively new concept of banking and finance that relies on peer-to-peer payments enabled by the blockchain technology. Blockchain technology allows DeFi to provide financial services bypassing the traditional financial intermediaries, like banks or brokers. It is an innovative technology that is making a significant influence on the modern society due to its unique characteristics of security, decentralised nature and transparency. Although DeFi has rapidly evolved and has the potential to revolutionise the banking and finance industry, it is a fairly a new concept as compared to the traditional centralised systems and therefore participants should be aware of considerable risks and challenges linked with it. Thus, a systematic literature review was conducted to examine the different types of risks and challenges associated with DeFi, along with the suggested solutions to mitigate them or lessen them. Our analysis of the literature led us to classify the challenges into some categories that aim to give a fair sense of the challenges from a broader perspective without digging too deeply into any one particular issue. Although, DeFi is indeed a revolutionising technology, the knowledge of these risks in DeFi can help us to utilise the resources more efficiently to achieve our goals in this sector.
伊斯兰去中心化金融的风险与对策*
去中心化金融(DeFi)是一个相对较新的银行和金融概念,它依赖于区块链技术支持的点对点支付。区块链技术允许DeFi绕过传统的金融中介机构(如银行或经纪人)提供金融服务。它是一项创新技术,由于其独特的安全性、分散性和透明性,正在对现代社会产生重大影响。尽管DeFi已经迅速发展,并有可能彻底改变银行和金融业,但与传统的集中式系统相比,它是一个相当新的概念,因此参与者应该意识到与之相关的相当大的风险和挑战。因此,我们进行了系统的文献综述,以研究与DeFi相关的不同类型的风险和挑战,以及缓解或减少风险的建议解决方案。通过对文献的分析,我们将这些挑战分为几类,目的是从更广泛的角度对这些挑战有一个公平的认识,而不是过于深入地挖掘任何一个特定的问题。尽管DeFi确实是一项革命性的技术,但了解DeFi中的这些风险可以帮助我们更有效地利用资源来实现我们在该领域的目标。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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