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: From Barter to Bitcoin: The History of Money

Crypto, Knowledge, Money

From Barter to Bitcoin: The History of Money

Using what’s called peer-to-peer technology, cryptocurrencies remove middlemen like banks and the government, allowing direct transactions between a vast community of users. Because so many people are independently keeping track of the transactions, it is all but impossible for anyone to cheat. This format removes the problem of trusting millions of people — you need only trust the system.

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Article: How blockchain can cut down fraud in the wine industry

Blockchain, Innovation

How blockchain can cut down fraud in the wine industryHow blockchain can cut down fraud in the wine industry

“Unfortunately, buyers in nascent markets are not as knowledgeable of what to ask about or look for with provenance, nor any aspect of wine authentication, leaving this market a prime target for counterfeiters and those selling counterfeits.” Maureen Downey, an expert on fake wine, told Forkast.News. “As much as 50% of the fine wines in China are believed to be fake.”

But supply-chain verification and authentication through blockchain technology are now trying to cut down on wine fraud — which experts estimate is a billion-dollar industry.

“Wine is something to be aged, cellared, and is often a generational hobby,” Downey said. “To track it, we need something that can stand the test of time, and blockchain is the only thing that we’ve seen that will even come close.”

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Article: Torum: DeFi + NFT + Social Media – the Next Brilliant Utility Innovation in the Blockchain World?

Blockchain, Crypto

Torum: DeFi + NFT + Social Media - the Next Brilliant Utility Innovation in  the Blockchain World? – Press release Bitcoin NewsTorum: DeFi + NFT + Social Media – the Next Brilliant Utility Innovation in the Blockchain World?

Competing face-to-face with social media giants like Facebook, Twitter and Reddit is plain suicidal, which is why Torum is fundamentally designed only for crypto addicts and followers. This separates Torum from other crypto social media contenders that accept users from different backgrounds, including those who do not even share the same crypto interest.

Integrating crypto innovations like DeFi and NFT provides crypto communities with a solid reason to join Torum while ensuring the platform remains appealing only to people who are interested in cryptocurrency and blockchain related topics and discussions.

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Article: The Age of Censorship

Censorship, Governance

The Age of Censorship

While people in democratic states think they enjoy free press, those in authoritarian states know that their media is controlled, and thus, those who can, tend to follow the media imported (mostly illegally) from democratic states, believing that it is fair and balanced. At least this is what happened years ago. Today, however, people in authoritarian states are starting to believe that even the so-called free press is biased, full of fake news, and most importantly, censored and full of propaganda (read advertising) that determines elections and public policies.

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