disintermediated
Disintermediated is an adjective describing the state or process in which intermediaries are removed from a transaction or value chain, often through digital platforms, automation, or direct connections between producers and end users. The term is commonly applied to markets that relied on brokers, distributors, or financial middlemen, where buyers and sellers interact directly, reducing or eliminating traditional gatekeepers.
Industries frequently cited include finance, publishing, retail, and communications. Direct lending platforms and payments apps connect
Disintermediation can lower costs, increase price transparency, and give producers more control and access to data.
Disintermediation is not necessarily permanent. Markets may undergo reintermediation, with new intermediaries performing value-added functions once