DeFi noun [U]
/ˈdiːˌfaɪ/
abbreviation of deregulated finance: a financial system that uses cryptocurrency, rather than traditional banks, to allow people and companies to buy and sell products and services from each other

The traditional banking system is difficult to access for unbanked and underbanked populations around the world, often due to geographic, economic and documentation barriers. DeFi makes financial services available to anyone with an internet connection and a digital wallet.
[forbes.com, 25 September 2024]

intention economy noun [U]
UK /ɪnˈten.ʃən iˌkɒn.ə.mi/ US /ɪnˈten.ʃən iˌkɑː.nə.mi/
a system in which AI learns what people are likely to want to buy or do in the future, with companies using the information to create corresponding products and services

In other words, in the intention economy, companies will learn what you think about and what motivates you in order to predict what you may do in any given situation. They will then sell that information to others who can benefit from knowing your future actions before you make them. The way intention economy companies will collect such precious data — your very thoughts, behaviors, and their evolution over time — is by your use of their LLM-powered AI chatbots.
[fastcompany.com, 25 January 2025]

wealthtech noun [U]
/ˈwelθtek/
the use of technology to help people manage, and increase, the money they have invested

The demand for transformational financial services capabilities will drive growth of more than $6 billion in the global wealthtech solutions market, according to a new report. Wealthtech solutions typically work with robo-advisors, digital platforms, and fintech applications, enabling them to provide low cost and efficient personalized investment advice, automated portfolio management, and streamlined financial planning.
[investmentnews.com, 4 September 2024]

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