Article: How DeFi Paves the Way for Financial Inclusion

Decentralized Internet, Innovation, Money

How DeFi Paves the Way for Financial Inclusion

According to the World Bank’s report from 2017, approximately 1.7 billion people worldwide don’t have a bank account today.

Not having access to this fundamental financial instrument is the main factor that stops them from realizing certain everyday functions. However, decentralized finance (DeFi) was created to meet all the requirements and demands of traditional banking — security, privacy, and accessibility — in a new way.

By transferring financial operations onto the blockchain, people will only need a smartphone or portable PC and a stable Internet connection to access the global financial system 24/7. How’s that for a step in the right direction?

Read full article

Article: Web 3.0 Is Coming for the Sharing Economy

Blockchain, Web 3.0

Web 3.0 Is Coming for the Sharing Economy

In other areas like decentralized computing infrastructure or financial services, a fairly typical business model is starting to emerge, where an open-source protocol is developed and a decentralized community takes over the long-term governance. A foundation or company is charged with doing the heavy work of maintaining and maturing the protocol in exchange for a sizable (but not dominant) chunk of the network governance and reward tokens.

This more mature decentralized approach balances the openness and transparency required to get buyers and sellers to join while putting enough incentive in the hands of a single entity to assure that someone takes a leadership position in maturing and shepherding the protocol forward.

Read full article

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.

Read full article

Article: 4 Ways DeFi Can Generate Passive Income

Blockchain

4 Ways DeFi Can Generate Passive Income

One of the beautiful things about decentralized finance (DeFi) is the opportunities it provides for earning a  and even managing payroll. Whether you choose to connect to DeFi apps, or dapps, via decentralized Web3.0 gateways or simply through regular web interfaces, many individuals and enterprises are now seeing the benefits of accessing alternative financial products and services.

Because of the decentralized nature of DeFi, participants can choose to interface with them through a variety of means, and the DeFi ecosystem is a large one growing new components every day.

Read full article

Article: Decentralized Finance Will Change Your Understanding Of Financial Systems

Blockchain, Crypto

title-pictureDecentralized Finance Will Change Your Understanding Of Financial Systems

Decentralized Finance or “DeFi” in short, is an umbrella term encompassing the vision of a financial system that functions without any intermediaries, such as banks, insurances or clearinghouses, and is operated just by the power of smart contracts. DeFi applications strive to fulfill the services of traditional finance (also coined as Centralized Finance, or just CeFi) – but in a completely permissionless, global and transparent manner.

Read full article