Category: Decentralized finance

Blockchain is Risky, Users Need to ‘Trust’ Programmers Won’t ‘Introduce a Bug,’ Warns Pentagon Report

July 1, 2022
bitcoinBlockchain technologyBusiness & Marketscentral bank digital currencycryptocurrencyDecentralized financeMarketsUSUS News
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A report commissioned by the Pentagon’s Defense Advanced Research Projects Agency (DARPA) has found that blockchain—the technology behind cryptocurrencies like bitcoin—is not as decentralized as commonly thought, while also being vulnerable to attacks. “The challenge with using a blockchain is that one has to either (a) accept its immutability and trust that its programmers did…

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Overregulation Hinders China’s Web 3.0 Developers While Investors Seek Options Offshore

May 11, 2022
blockchainBlockchain technologyChinaChina Business & EconomycryptocurrencyDecentralized financemetaverseNFTSpecial TopicsTech Competitiontechnologyweb 3.0
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The communist Chinese regime’s heavy-handed supervision of China’s high-tech industries has greatly hindered its domestic tech innovation, prompting many Chinese tech firms and industry professionals to seek development overseas. Web 3.0 is referred to as the next internet revolution or the third-generation Internet that is based on blockchain technology and cryptocurrencies. It is being developed…

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Decentralized Finance 101—What It Is and Why It Matters

May 11, 2022
Alternative InvestmentsBrightDecentralized financedefifintechinvestingpersonal finance
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Blockchain is still a nascent technology, but it is perhaps the biggest disruption mechanism that the world of finance has had to deal with. Decentralized finance has gained popularity over the previous year, and not many people fully understand its promise and its pitfalls. Currently, traditional big banks and FinTech startups divide the world of…

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What’s Defi and Is It Worth It? Decentralized Finance Explained

April 28, 2022
Alternative InvestmentsblockchainBrightDecentralized exchangesDecentralized financedefifintechinvestingpersonal finance
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In a world where centralized finance is struggling, decentralized economics is taking the reins. Also known as DeFi, this exciting new development is made up of a variety of applications that run on top of blockchain technology. These applications aim to take control away from third-party intermediaries and put it back into the hands of…

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