What is decentralization? I say decentralization is the future, and after reading this post, I am sure you will agree. Imagine a world where people have all the right to manage their will, free to say anything that they wish, a world where a central entity can’t control your behavior or set norms that are unfair and most often monopolistic. So to simply take away the power of central institutions and give that power back to the people who hold a stake in that institution can be termed decentralization. Wait but the internet is already decentralized, right? cause we have the right to express our views on many social media and how is that different from the decentralized media?. That is exactly what those multibillion-dollar companies want you to believe and trust me that is not true at all.
As demand for online education grew, the technological capacity to facilitate this demand had grown as well. New innovations, methods and business model are constantly being implemented in the online education segment. In particular, blockchain technology could offer several significant solutions to this segment. For example, according to a report by Forbes, having a blockchain-based system to record the accreditation, track the changes over time, and enable the instantaneous verification of credentials and degrees would help increase transparency, and trust.
This new strategic partnership presents a significant opportunity to create more value per deployed mining infrastructure for HIVE by leveraging MEV applications. For DeFi Technologies, the partnership gives exposure to one of the largest miners of Ethereum, which is the backbone on which DeFi applications are built and thus serves as a critical component supporting the sector.