Article: Decentralization vs. centralization: Where does the future lie? Experts answer

Decentralized Internet, Web 3.0

Decentralization vs. centralization: Where does the future lie? Experts answer

Last year, the world witnessed the great rise of the decentralized finance (DeFi) sector, which has started a significant shift toward decentralization. Monopolized data, controlled by a few companies in Web 2.0, causes the redistribution toward individual users in the rise of the Web 3.0 movement, even to decentralized governance that is now theoretically, technically and practically possible.

Blockchain-backed, driven decentralization can potentially redemocratize society by regaining trust in the election process, or as some argue, by protecting democracy around the globe. While blockchain cannot solve everything, it still has the potential to solve a lot of economic and social problems such as increasing diversity and inclusion, bridging the gender gapempowering the unbanked and combating economic injustice.

Read full article

Article: Fiction is Power: Connecting IoT and Blockchain to Supercharge Progress

Blockchain, Data, Hardware

Fiction is Power: Connecting IoT and Blockchain to Supercharge Progress

This new physical fiction in the IoT, unlike digital fiction, has yet to compound its value with financial fiction. But blockchain changes that. With blockchain, the digital twins can be used as leverage in a financial contract or transferred seamlessly without moving the object itself. You can also use the data stream as an input to a blockchain smart contract and build derivatives out of that: from the amount that Americans drive to the level of heat usage in homes.

For the first time, IoT becomes an input to new financial fictions free from manipulation by their connection with an untrustworthy blockchain. From data marketplaces to derivatives, a manufacturing company sells fractional shares of their equipment to raise capital to reinvest in their business. Physical fiction plus blockchain unlocks a whole new avenue of human progress.

Read full article