> For the complete documentation index, see [llms.txt](https://docs.crossfimain.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.crossfimain.com/english/announcement/the-world-doesnt-need-banks-policymakers-or-ngos-it-needs-defi.md).

# The World Doesn’t Need Banks, Policymakers or NGOs — It Needs DeFi

![](/files/MC9gsLX9mDthO1kxZ9Xx)

The recent [#Blockchain](https://twitter.com/hashtag/Blockchain?src=hashtag_click) boom is making the world revisit the foundations of society. From democratic processes to business agreements. This is the only way the world can migrate to a society governed by [#DeFi](https://twitter.com/hashtag/DeFi?src=hashtag_click) and [#SmartContracts](https://twitter.com/hashtag/SmartContracts?src=hashtag_click). Read more here<img src="https://abs-0.twimg.com/emoji/v2/svg/1f447.svg" alt="👇" data-size="line">

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