‘Pure’ DeFi has little chance for real-world use because of need for oracles: BIS
According to the Bank for International Settlements, a centralized oracle based on trust is the only option for DeFi, and variations of that model do exist.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to the Bank for International Settlements, a centralized oracle based on trust is the only option for DeFi, and variations of that model do exist.
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This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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