TY - THES A1 - Liubcenco, Rostislav T1 - Application of DeFi for exchanges and loans BT - Risks and possibilities N2 - Thesis provides an insight in overall procedures of functioning of the DeFi protocols for operations of exchanges and taking loans in cryptocurrencies; aligned with transaction costs theory with discussion on existent disadvantages of classical finance infrastructure and proposal of future applications for Decentralized Finance. Y1 - 2023 UR - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:bvb:573-36326 CY - Ingolstadt ER -