Article: ID, The Unlikely Key to Economic Growth in The Developing World

Academia, Blockchain, Decentralized Internet, Human-Centric

ID, The Unlikely Key to Economic Growth in The Developing World

In fact, much of the structural and institutionalized inequality in the developing world can be linked to a lack of verifiable identity. With blockchain, this no longer needs to be the case. By enabling someone to prove who they are, blockchain technology can provide the gateway to equality, and the key to unlocking economic growth and levelling up opportunity.

Effectively, a decentralized identity built on the blockchain to common and agreed standards acts like an identity passport, opening up access to a host of services never available to an individual before. Blockchain pushes power to the edges, empowering thousands and potentially millions on equal identity terms, providing access to education, work, proof of ownership credit, and much more. Blockchain connects, but also liberates. It connects people with each other, and with opportunities to grow and develop as individuals. And this technology liberates the individuals from the constraints imposed by lack of identity, opening up a range of possibilities that had hitherto remained just beyond their reach.

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Article: “History Shows Us That You Foster Adoption By Dropping Barriers to Entry”

Decentralized Internet, Web 3.0

“History Shows Us That You Foster Adoption By Dropping Barriers to Entry”

I’m focusing only on evolution in terms of how distribution and wealth is created and dispersed. Web 3 is in the process of disrupting the tech industry and even the future of work completely. I have absolutely no doubt in my mind that projects which open up more opportunities for end-users to turn into collaborators/partners will attract more viral platforms than we have ever seen before. Just as we have seen an explosion of e-commerce through the internet, we will gradually but surely see an explosion of the Web 3 economy.

To provide a contextual example of how and why I think Web 3 alternatives will beat out Web 2.0, I think that over time platforms such as YouTube, which only reward top performers, will be outperformed by upstart Web 3.0 alternatives that reward users from their first video, referrals, curation and other tasks from day one.

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Article: How nonfungible tokens work and where they get their value – a cryptocurrency expert explains NFTs

Blockchain, Crypto

How nonfungible tokens work and where they get their value – a cryptocurrency  expert explains NFTsHow nonfungible tokens work and where they get their value – a cryptocurrency expert explains NFTs

NFTs have already made significant inroads into the luxury and gaming industries, and have plenty of room to grow beyond these initial applications. The art sector will continue to be an important segment of the overall NFT market and is likely to gradually reach maturity over the next couple of years, although it is likely to be surpassed by other digital certificate applications like trademarks and patents, training and upskilling certificates.

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Article: Optimism abounds for crypto and blockchain adoption at virtual Blockchain Africa

Blockchain, Crypto

Optimism abounds for crypto and blockchain adoption at virtual Blockchain AfricaOptimism abounds for crypto and blockchain adoption at virtual Blockchain Africa

The primary-ever digital model of Blockchain Africa delivered an optimistic outlook for the cryptocurrency and blockchain area within the continent because the world settles into a brand new regular dictated by COVID-19.

The convention featured various well-known trade commentators, contributors and thought leaders from all over the world who addressed a very digital viewers. The occasion attracted round 4,000 attendees on-line, in line with organizer Sonya Kuhnel, regardless of going digital in gentle of the continuing COVID-19 pandemic.

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Article: ‘Altcoin Season’ Leaves Some Bitcoin Alternatives Frozen

Crypto

‘Altcoin Season’ Leaves Some Bitcoin Alternatives Frozen

“Altcoin season,” or “alt season,” is a meme for the idea that bitcoin returns move cyclically against other crypto assets, or “altcoins,” as in, alternatives to bitcoin. The notion is that investors take their bitcoin profits and play the altcoin casino with house money, and vice versa.

There’s evidence to support that theory, at least anecdotally. In the fourth quarter of 2020, for example, bitcoin outran everything in the Digital Large Cap Index (DLCX), an index that represents 70% of the crypto markets’ value. The DLCX is replicable for U.S. institutional investors, and it’s updated every second by CoinDesk’s subsidiary company, TradeBlock.

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Article: Why Staking and Lending Protocols Are Becoming Popular With Investors

Blockchain

Why Staking and Lending Protocols Are Becoming Popular With Investors

Over the last week, Bitcoin’s price has oscillated between all-time-highs and sharp sustained losses. The same can be said for many other projects in the cryptocurrency space.

While the volatility makes for thrilling viewing, when it comes to managing investor portfolios, this sort of yo-yoing has led some institutional investors to conclude that the cryptocurrency market is too hot to handle right now.

But such an assumption would be ignoring some of the more promising financial products and services that are emerging from the Web3 space. Chief among them are staking and lending projects that offer more consistent yields than the currencies they are built on.

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Article: Want to Mint and Sell an NFT? These Tools Can Give Anyone the Skills to Issue NFT Assets

Blockchain, Crypto

Want to Mint and Sell an NFT? These Tools Can Give Anyone the Skills to Issue NFT AssetsWant to Mint and Sell an NFT? These Tools Can Give Anyone the Skills to Issue NFT Assets

Non-fungible token (NFT) assets have taken the world by storm, as popular NFT artists are making millions from their blockchain-backed designs, music, and collectibles. As the trend continues to become more popular by the day, swarms of people are wondering how they can create their own non-fungible token and sell it after minting the NFT. The following article is a comprehensive list of tools that can help anyone get started minting NFTs and then selling them on an open marketplace.

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