In the last 10 months, we have seen an explosion of decentralized financial protocols introduced on the Ethereum blockchain. DeFi proposes an entirely new financial system that is independent of the traditional financial infrastructure or instruments. DeFi products do not need any intermediaries. The smart contract specifies the settlement conditions...
If you are new to crypto, you must be wondering about what are public and private keys. Bitcoin, as well as all other major cryptocurrencies, is built upon public-key cryptography, a cryptographic system that uses pairs of keys: public keys and private keys to authenticate transactions on the blockchain – send...
Anywhere from the medical industry to forward-thinking eCommerce businesses, the blockchain is gaining a foothold in our everyday lives, and showing no signs of slowing down. As it continues to extreme utilization conditions, there is a significant amount of uncertainty about how it can be most effectively utilized. The utilization...
Introduction Blockchain technology is studied in various sectors to save costs and bring high security to business operations. Its use for transparent and secure record-keeping replaces the need for third parties to govern transactions. Today blockchain use has extended from P2P payment to supply chain, IoT, and now it’s popularly...
Investing in crypto assets has certainly evolved throughout 2020 and will continue to expand in the coming years. Today’s trading landscape is primarily dominated by a few large players, predominantly Coinbase, Kraken, Gemini, Bitstamp, Bitfinex, and Binance. While centralized trading has been widely popular, it’s not quite the new financial...
With the emergence of a new computing paradigm, there is a significant amount of uncertainty on how it can be most effectively utilized. Blockchain is no different. It is important to acknowledge that during the early phases of the technology’s introduction, the universe of possibilities is not completely familiar. As...
The future of any technology is commonly associated with the one that could alter life as we know it. Blockchain is one such case that is the center of attention these days and many corporations have come forward to embrace this “disruptive” technology. However, when it comes to design, it’s...
The importance of asset management firms is increasingly recognized in the world financial system. Despite the last few years of difficult markets and changing regulations, the asset management business is the most profitable with the highest returns on capital. Their profit margins are consistently higher than in most other sectors....
Yield farming, a new uprising trend in cryptocurrency allows people to earn interest by parking their crypto capital in a DeFi product. According to DefiPulse, the total value locked in DeFi smart contracts is upward of $7.0 Billion as of this writing, a 15 times jump compared to year-ago stats. ...
Decentralized finance (DeFi) has created a lot of excitement in 2020, opening a new world of opportunities for users to participate in a trustless (no middlemen) and permissionless financial initiatives to earn interest for their cryptocurrency holdings. To date, DeFi products hold $9.3 billion of total value locked in DeFi...
