You are preparing a report for your company on whether to invest in a Decentralised Finance (DeFi) solution. The Board is uncertain on the future of fintech after a series of incidents (such as the FTX collapse) in 2022. (a) Explain the concept of decentralized finance (DeFi). Examine three (3) of its potential impact on the financial industry. You should be as objective as possible and back your views with the appropriate statistics from reliable sources. (35 marks) (b) Appraise the future of DeFi. What do you think will happen and what strategic plan that your company should undertake? (20 marks)