Proceedings of the 2nd International Conference on Emerging Technologies and Sustainable Business Practices-2024 (ICETSBP 2024)

Unveiling Risks in Decentralized Finance: A Systematic Literature Review

Authors
Kirti Sood1, *, Vishal Sharma2, Rajesh Kumar2
1University School of Business, Chandigarh University, Mohali, India
2Himachal Pradesh University Business School, Himachal Pradesh University, Shimla, India
*Corresponding author. Email: kirtisood0410@gmail.com
Corresponding Author
Kirti Sood
Available Online 17 October 2024.
DOI
10.2991/978-94-6463-544-7_21How to use a DOI?
Keywords
Decentralized finance; DeFi; risks; Blockchain; Systematic literature review
Abstract

The present study aims to map the existing intellectual structure on Decentralized Finance (DeFi) risks. The study utilizes the systematic literature review (SLR) method to identify DeFi risks and the Scopus database to retrieve the pertinent literature. Further, authors select 50 research articles through abstract and title scanning, complete text analysis, and citation chaining to perform content analysis. Using content analysis, the present study identifies 21 DeFi risks segregated into four categories, namely technical, macro-economic, legal and regulatory, and user-centric risks. Additionally, the study provides unique research directions for the future. Hence, the present study contributes to the DeFi literature and has practical implications for DeFi entrepreneurs, individuals, developers, programmers, and policymakers. The study is the first of its kind that consolidates pertinent risks related to DeFi using the SLR method and broadens the knowledge of stakeholders in the DeFi ecosystem.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2nd International Conference on Emerging Technologies and Sustainable Business Practices-2024 (ICETSBP 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
17 October 2024
ISBN
978-94-6463-544-7
ISSN
2352-5428
DOI
10.2991/978-94-6463-544-7_21How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Kirti Sood
AU  - Vishal Sharma
AU  - Rajesh Kumar
PY  - 2024
DA  - 2024/10/17
TI  - Unveiling Risks in Decentralized Finance: A Systematic Literature Review
BT  - Proceedings of the 2nd International Conference on Emerging Technologies and Sustainable Business Practices-2024 (ICETSBP 2024)
PB  - Atlantis Press
SP  - 320
EP  - 340
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-544-7_21
DO  - 10.2991/978-94-6463-544-7_21
ID  - Sood2024
ER  -