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Much has been said about the divisions between Defi (decentralised finance), Trafi (traditional finance) and Cefi (centralised finance), but upstart Rebus aims to be the first project to unify them. Itās safe to say blockchain is here to stay. Indeed, over the next generation it may even grow to rival the traditional finance industry. However, only the starriest-eyed crypto-devotees believe the establishment is just going to roll over or disappear. No, if history has taught us anything itās that as a species we evolve. Naturally, this suggests that thereās not only a place for a defi / cefi collaboration, thereās also a need for one. Some predict that the banking industry will adapt to the ways of crypto and perhaps adopt much of the technology, but one savvy startup has a different idea and itās one worth hearing.
āWe know the traditional finance market and we know how it thinks and moves. At Rebus, weāre developing a platform and a token designed to work alongside the traditional banking establishment while recognising its resistance to turmoil and change. In short, we aim to create Defi-based financial products that your average investment banker will recognise and can sell without actually engaging in anything as controversial as crypto-trading.ā A spokesperson for Rebus.
An easy alliance?
The plan appears to have legs too, if Rebus can pull off the task and find a way to merge defi and cefi on the latterās terms it could help bridge the gap between the two. Itās early days for Rebus, but the project has a solid road map and its white paper shows promise. Rebus itself takes its name from the Latin for puzzle and the developers see their platform as the missing piece required to complete the full spectrum finance picture.
Dealing with the devil they knowā¦
The core concept is to build and service crypto-based packages which banks, asset managers, and other more traditional finance organizations can sell on Rebusā behalf. As with traditional finance, the banks themselves will take no part in the actual fund and any revenue created will come solely from fees for selling said services. In essence, Rebus aims to offer third parties the chance to become brokers for blockchain projects while at the same time keeping enough distance from said projects to maintain a solid level of security.
The future is now
Mainstream interest in crypto is growing and over the last couple of years some prominent traditional finance names have dipped their proverbials into the crypto pool. JP Morgan, for example, now has a Bitcoin fund where investors can park their cash, and Goldmann Sachs has gone even further left field by offering Bitcoin derivatives.
Follow the thought leader
Whether Rebus can find that sacred shared ground and connect both sides is a matter for future historians. However, logic suggests such a place exists and if history has taught us anything, itās that explorers tend to discover what theyāre looking for, and if the project continues to make sense as it grows, Rebusā chances are good. You can follow the Rebus project here.
Disclaimer
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