Monticello Consulting Group participated in a Duke University virtual learning program - Decentralized Finance (DeFi): The Future of Financial Specialization last week. Decentralized Finance can be thought of as a new financial infrastructure whereby users interact with cryptocurrencies, algorithms, and smart contracts rather than conducting financial transactions through traditional intermediaries such as banks, brokerages, or insurance companies. DeFi infrastructure has the potential to transform finance, enabling a wide array of banking functions on the blockchain. It solves some of the problems associated with traditional finance such as a lack of inclusion, interoperability, inefficiency, opacity, and high transaction fees. The Monticello team looks forward to working with our clients to support their DeFi initiatives and adoption of emerging technologies.