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?

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Article: Blockchain Technology For Better Governance

Blockchain, Governance, Innovation

Blockchain Technology For Better Governance

Blockchain technology has the potential to make government operations more efficient. It can improve the delivery of public services and establish greater trust. Most government departments work in silos. The lack of interconnectedness across departments foments a larger concern about data integrity and consistency.

It is essential for departments to aggregate multiple digital identities accorded to citizens for making cross-referencing easier. This is what blockchain technology does.

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Article: Early Achievements In Decentralization Of the Competition Industry

Blockchain, Decentralized Internet, Innovation

Early Achievements In Decentralization Of the Competition Industry

This makes us marvel: how can the world of huge sports activities profit from blockchain expertise? The basic pillars of the blockchain are belief, transparency, decentralization, and equality of community contributors. In such situations, the participation of third events – intermediaries, fades into the background. This strategy is not going to solely scale back prices but in addition present a brand new degree of fan belief, in addition to simplify interplay with traders, offering them with clear funding alternatives.

For sports activities followers, the principle advantages of blockchain platforms shall be equal and honest entry to tickets, in addition to honest costs. Inside a decentralized community, there aren’t any variations between contributors, they usually can’t use their political, social, or another standing to achieve superiority over the remainder. And in sports activities, the place tickets to fashionable matches are sometimes the topic of hypothesis, this is essential.

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Article: How open source databases drive rapid innovation

Open Source, Software
How open source databases drive rapid innovation

In a Red Hat survey, 52% of Asia-Pacific (APAC) respondents said they use open source databases, highlighting the prominence of open source in the region. Unlike proprietary databases, open source databases enable developers to ‘fail fast’, a concept in DevOps and agile, whereby developers work with small increments of code that allow them to detect problems early and fix them while still in development. Open source databases enable developers to rapidly try new capabilities that speed innovation and improve the efficiency of their projects.

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Article: Blockchain tech has a solution to secure your email

Blockchain, Decentralized Internet

Blockchain tech has a solution to secure your email

The constant influx of unwanted emails at all hours of the day can be taken care of easily, and a “clutter-free inbox” can be provided using smart contracts. The inbox experience goes several notches up when these possibilities can also be integrated with smart contracts.

There could be a possibility to create a one-time email address to share with strangers, which could later be completely erased. The option of creating a fixed-time email address, from a duration of one day to several months, is also a possibility. This powerful feature makes it much easier to choose a reliable provider, without having the almost-permanent digital footprint of an email address.

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Article: How open DeFi markets in Southeast Asia can drive financial inclusion

Blockchain, Decentralized Internet, Innovation, Money

How open DeFi markets in Southeast Asia can drive financial inclusion

Increasingly, with greater focus on the development and nurturing of the right skills and through enhanced exposure to technical mentorship, these same people are building the very frameworks necessary to create solutions and products for the population that are underserved and overlooked by legacy finance.

DeFi’s model of peer-to-peer engagement and inventiveness, has created a significant opportunity for the making of real-world solutions to the challenges that exist of giving people a proverbial “seat at the table.”

The possibilities for financial inclusion alongside the accretive upside that these types of businesses generate mean that throughout the ASEAN and Indian region entrepreneurs, technologists, investors and innovators are working side-by-side to create open markets that can truly help everybody.

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Article: VPNs are No More Sufficient to Protect Your Privacy on the Web

Decentralized Internet, Web 3.0

VPNs are No More Sufficient to Protect Your Privacy on the Web

Well, the reason lies in the very word that ails the freedom on the internet today — centralization. Centralized businesses manage and control the VPNs we use today. These central entities offer bandwidth to users for a premium fee, and they store their users’ data on a centralized server. Now, we all know that anything with a centralized infrastructure is highly susceptible to hacks.

It’s best to conclude by saying the same thing we started with: we are fighting a never-ending battle against cybercriminals. While in the future it may be something else, today, one of the best solutions in sight for personal security and privacy on the web seems to be a decentralized private network.

Article: Why Free and Open Source Software is in vogue now

Open Source, Operating Systems, Software

Why Free and Open Source Software is in vogue now

What makes a piece of software FOSS depends on the licences its creators have chosen to adopt. But beyond licensing, FOSS is about harnessing a culture of open and transparent collaboration to co-create something useful for users and other developers around the world.

In each of these examples, anyone located anywhere in the world has the freedom to view the source code, use it, add to it and modify it to make something new. For the creators of FOSS, this presents an opportunity to problem-solve with tech talent from around the world, to collaboratively improve their code, and further develop their own skills. A wide range of such open-source products is gaining popularity around the world and being used for large-scale tech development and business operations.

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Article: DeFi Will Decentralize the Enterprise

Blockchain, Decentralized Internet, Web 3.0

DeFi Will Decentralize the Enterprise

The real innovation of decentralized finance (DeFi) is decentralization, not finance, our columnist says.

DeFi and enterprise have a lot to learn from each other. The most important thing enterprises can learn from DeFi is how to use public permissionless blockchain technology to become more technically and economically decentralized to enable much greater fairness and inclusion in economic activity. For example, corporations can employ public blockchain technology for shareholder voting and limit the role of the board of directors to guardians rather than often conflicted intermediaries. Corporations can further enable shareholders to delegate votes to other stakeholders in the society and thus alleviate the externalities and ill effects of shareholder capitalism.

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Article: Why it’s time to veer towards an Open Web

Decentralized Internet, Web 3.0

Why it’s time to veer towards an Open Web

The decentralised ecosystem is not a dream anymore, it’s a reality and the world over there is a call for an ecosystem that encourages privacy. One that does not give away control of the web to a handful, rather make the web a democratic place for users to consume and share information and content.

The Open Web, which is an ecosystem that every independent website is a part of, has close to 350 million websites that get 250 billion visits month on month. The leading apps, however, garner only about 20 billion users, but still manage to grab our attention with the user experience they offer. Now, with a better user experience, there is a potential for a unified open web to take on the big tech and make the web the democratic space that it should be.

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