The release of this paper assists ING to quickly learn about new behaviors of consumers, market expectations and trends. ING has been observing the digital asset ecosystem closely and learning from its ideas and innovation. Researching into DeFi gives ING insight into what gaps might exist in the new paradigm from a micro and macro perspective. Instead of deploying protocols to experiment blindly, ING can see what can be replicated in DeFi and improved.
For example, ING can learn how DeFi protocols issue loans and imagine how these loans could be transformed into a compliant way whereby consumers are protected. There are advantages for ING to transition into DeFi, as institutions like ING already know how to protect consumers and have experience managing risk. Overall, DeFi innovation on permissionless blockchain is a positive development for finance, as it pushes financial institutions into thinking of new ways to best serve their customers.