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Decentralized Finance (DeFi)

Decentralized Finance (DeFi)

DeFi stands for decentralized finance, which owns the blockchain advantages, thus removes trusted third parties and more. DeFi will have profound impact to traditional financial industries.

Moody’s: Blockchain Technology to be Standardized in 2021

Moody’s: Blockchain Technology to be Standardized in 2021

A research report published on September 5th by financial services company Moody’s stated that blockchain technology would most likely be standardized in 2021.

What is DeFi: The Ultimate Guide to Decentralized Finance Technology

What is DeFi: The Ultimate Guide to Decentralized Finance Technology

The concept of decentralized finance (DeFi) has become so potent that it is difficult to separate the prospect of blockchain and crypto from the success or failure of DeFi as the ideal alternative to traditional financial systems. Owing to the importance of innovations classified as DeFi to the crypto economy, here are four fundamentals of DeFi.

Blockchain and IoT: Transforming Hong Kong into a Smart City

Blockchain and IoT: Transforming Hong Kong into a Smart City

Blockchain and IoT: Transforming Hong Kong into a Smart City

Microsoft & EU Based Universities Believe Blockchain Can Achieve Paris Agreement Carbon Goals

Microsoft & EU Based Universities Believe Blockchain Can Achieve Paris Agreement Carbon Goals

With blockchain, industries like the financial services are finding alternative modes of cash transfers, with a gradual switching to cryptocurrencies. The use cases of blockchain technology are steadily transcending digital asset opportunities, as key EU partners now believe the technology could help meet the Paris Agreement Carbon Goals.

US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada

US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada

With the advancement of technology, the importance of oil and gas resources in promoting global social and economic progress is rising.

Positives Out of the Wuhan Coronavirus: Blockchain Educators in the City

Positives Out of the Wuhan Coronavirus: Blockchain Educators in the City

For many outside of China, the city of Wuhan is now identified as being ground zero for the recent outbreak of the coronavirus, but some amazing innovation has come out of China's seventh biggest city in recent years.

Reserve Bank of Australia Will Explore Wholesale CBDC with ConsenSys Ethereum POC

Reserve Bank of Australia Will Explore Wholesale CBDC with ConsenSys Ethereum POC

The Reserve Bank of Australia has partnered with leading Australian banks and ConsenSys Software to explore wholesale CBDCs and distributed ledger technology (DLT).

Belt and Road Summit 2019—Iranian Investment, Malaysian FinTech and the Kazakh Belt Buckle

Belt and Road Summit 2019—Iranian Investment, Malaysian FinTech and the Kazakh Belt Buckle

Rounding off our exclusive interviews for the 2019 Belt and Road Summit, jointly organized by the HKTDC and the HKSAR Government, we share insights from delegates from Iran, Malaysia, and Kazakhstan

Is Blockchain Tech the Holy Grail for the Aerospace Industry?

Is Blockchain Tech the Holy Grail for the Aerospace Industry?

The aerospace industry moves millions of people and billions worth of assets every single day. Yet, the industry's sheer complexity is its own worst enemy. Can blockchain technology become the savior?

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

GrainChain being an agricultural start up backed up by Medici Ventures and has shown some prospects so far, plans to bring together the coffee industry of Honduras.

McAfee Labs Threat Report Shows Concern for Cryptojacking and Blockchain Security Issues

McAfee Labs Threat Report Shows Concern for Cryptojacking and Blockchain Security Issues

In August 2019, McAfee Lab released a threat report with conclusive statistics stating cryptojacking being an area of concern.

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