While DeFi, or decentralized finance, has seen a volatile rise in adoption within the crypto ecosystem, the big question in our context is to what extent this model and technology can be adopted and adapted for lending use cases across emerging markets, where there is an over $100 billion credit gap, according to the IFC. 

To explore that question further, we're joined in this episode by Cheng Cheng, co-founder of the DeFi protocol Jia, and George Mosomi, COO of the Safi Protocol, and a founding member of the Africa DeFi Alliance.

00:00 - Intro.
03:02 - Introducing Cheng Cheng, Co-founder of Jia.
05:32 - Introducing George Mosomi, Co-founder & COO, Safi Protocol, and founding member of the Africa DeFi Alliance.
08:19 - What does the credit landscape look like on the African continent?
17:57 - How does DeFi address Africa's lending challenges?
26:42 - How do traditional debt capital markets work versus DeFi?
34:21 - Who are the lenders and borrowers in DeFi?
40:05 - What are the challenges for DeFi protocols lending in the "real world"?
49:31 - What else needs to happen to see DeFi lending at scale?
56:35 - George's recommendations.
57:09 - Cheng's recommendations.

This season of crypto@scale is sponsored by Ripple.

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