David Tse, a professor at Stanford University and founder of Babylon Chain, predicts that Decentralized Finance (DeFi) will revolutionize the traditional financial system in the next five years. He believes that the core principles of decentralization will introduce unparalleled efficiency and transparency into business workflows. Tse also highlighted the increasing relevance of decentralized identity solutions in the context of the global dialogue on data privacy. He acknowledged Bitcoin's unmatched decentralization and security, but emphasized the need to enhance its utility to foster wider adoption. He cited Babylon's BTC staking protocol as an innovative step in this direction.