Alok Kumar Agarwal Highlights DeFi's Potential to Disrupt Traditional Banking in India
Decentralized Finance (DeFi) is set to change how the global financial system works, offering better access, more transparency, and greater efficiency. In India, with its large population and growing digital economy, DeFi has the power to bring financial services to everyone and create new opportunities.
Alok Kumar Alankit, a well-known figure in India’s financial technology space and the former Managing Director of Alankit, is a strong supporter of DeFi. He believes it can shift financial control, create more economic opportunities, and change the way banking works in India.
“DeFi is not just about technology; it’s a revolution in how we think about and use money,” says Mr. Agarwal. He adds, “India has a great chance to lead this change as our economy moves more towards digital platforms.”