Ancient Wealth Symbolism and Modern Finance: A Comparative Study of Kamadhenu, Soul Contracts, DeFi, and CeFi
The quest for wealth has been a constant in human civilization. Ancient Indian mythology, through symbols such as Kamadhenu — the wish-fulfilling divine cow — and philosophical ideas like Soul Contracts, explored the dynamics of material abundance and spiritual growth. In modern times, the emergence of decentralized finance (DeFi) and centralized finance (CeFi) systems mirrors these ancient philosophies in unexpected ways. This paper explores the intersections between ancient and modern ideas about wealth, drawing connections between Kamadhenu and DeFi (as models of self-generating, permissionless abundance), and between Soul Contracts and CeFi (as models involving agreements, authority, and structured dependence). Through detailed narrative analysis, philosophical interpretation, and case studies in finance, the paper argues that understanding ancient wisdom can provide meaningful insights for navigating the complex economic realities of the 21st century.
Authors
- Michael Richards (ORCID: https://orcid.org/0000-0002-6510-7445)
Institutions
- Film Independent (US)
Publication Details
- Journal
- Scientific Journal of Metaverse and Blockchain Technologies
- Published
- 2025-04-26
- DOI
- https://doi.org/10.36676/sjmbt.v3.i1.62
- Primary Topic
- Islamic Finance and Banking Studies
- Type
- article
- Field-Weighted Citation Impact
- 0.00