Today January 26
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Cardano and Blockchain Insights

DeFi: Financial tools for the future!

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What is DeFi?

DeFi (Decentralized Finance) refers to peer-to-peer financial instruments built on a blockchain network. Blockchain networks like Bitcoin and Cardano introduced cryptocurrency, which challenged and changed our ideas about money. Now we are venturing into the next chapter of blockchain - questioning the role of institutions like Visa, Paypal, or Wells Fargo. DeFi seeks to migrate financial instruments like loans, bonds, stocks, futures, ETFs, etc to the blockchain. These tools could eliminate our need or change the role of Wall Street intermediaries like brokerages, exchanges, and banks.

With DeFi you can swap cryptos, put up your crypto for others to borrow, or take out an instant loan against your crypto holding. There’s also limited experiments with derivatives, Wall Street versions of futures or stock options in the US.

DeFi is a financial marketplace; like any marketplace, it offers products. By definition, there is no central authority creating and controlling these products. Instead, any user with a blockchain wallet may provide either the products or the funds needed for things like loans or trading. This is possible because…

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The "D" Words

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DeFi (Decentralized Finance)

DeFi refers to all the monetary functions and applications that use blockchain technology. This includes digital money itself, like Bitcoin and…

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What’s the Deal with Decentralization?

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Decentralization simply means there is no central source of truth or power - and conversely, no single point of weakness.

In a blockchain network,…

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Whiteboard Video Part #4 - Sustainability

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The third pillar of a third generation blockchain - and probably the most important - is sustainability.

The concept of sustainability can be broken…

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Creating Good Blockchain Citizens - #NotJustDigitalMoney

8 min Stephanie E King Bio Pic Stephanie E King

The wheel - The steam engine - The internet - Blockchain. Disruptive technologies turn the page in our collective history book. Together, we decide…

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Whiteboard Video Part 3: Interoperability

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There is not going to be one blockchain currency to rule them all. There are going to be many networks - like Ethereum and…

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Whiteboard Video Part 2: Scalability

7 min Stephanie E King Bio Pic Stephanie E King

**In Part 1, we learned that the 3rd Generation of cryptocurrency is about solving the problems of Scalability, Interoperability, and Sustainability. In this second…

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