The capacity of blockchain-based decentralized finance to be a financial instrument independent of government and regulatory authority has the potential to affect traditional finance. There has been a steady increase in demand for data and privacy protection since the advent of entirely decentralized and independent financial systems.
SOURCE LINK: https://mobiloitteusablog.wordpress.com/2022/05/26/what-do-you-need-to-know-about-decentralized-finance-vs-traditional-finance/