• De-intermediation is the process of removing one or more intermediaries from a transaction, supply chain, or decision-making process.

  • Common reasons for cutting out middlemen are to reduce costs or increase delivery speed.
  • From a financial point of view, disintermediation involves the removal of banks, brokers or other third parties, which allows individuals to transact or invest directly.
  • Cryptocurrencies free the financial sector and the government from monetary transactions.
  • The process does not always work because it requires additional staff and other resources to replace the services provided by the intermediary.