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Decentralized Finance (DeFi) Blockchain Applications are Changing the World of Banking

What will banking look like in the very near future? Here's a hint: it probably will be completely different than it is today. The advent of blockchain technology promises disruption in just about every industry, and the banking world will certainly not be immune to it. Why? Because when you create an open-source financial services ecosystem that is permission less, fully transparent, immutable, without any central authority, and where users have complete control over their assets, you've built a platform just about anyone can get behind. The term is "Decentralized Banking" (or "Decentralized Finance") and they are terms you should…
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January 21, 2020
BlogNews

BLOCKCHAIN – Good or Bad?

Blockchain is here. It is real and goes far beyond “Bitcoin”. However, is all the hype true? What can we trust and how wary should we be? The answers to these questions will drive the future success or demise of the Blockchain technology. What is Blockchain? Let us start with the fundamental question of what the Blockchain is: “The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.” - Don & Alex Tapscott, authors Blockchain Revolution (2016). A blockchain is, in the simplest of terms,…
admin
October 8, 2019