Blockchain Smart Contracts, Explained

Smart Contracts are an important part of blockchain technology. In this video, we will explain what do we mean by contracts and how they can be complete and incomplete, and why the blockchain is a fantastic technology to accomplish a reduction of transaction costs, in conjunction with oracles.

Decentralized Autonomous Organisation

Decentralized Autonomous Organisation. Quite a mouthful, which is why most people just say ‘DAO’.

But what are they? What do they do? And why should you care?

Very, very good questions.

In a nutshell, DAOs provide the framework for OPEN COLLABORATION. Which, it turns out, can be incredibly productive. How productive you ask? Well, that’s what we’re here for you silly goose!

DEFI – From Inception To 2021 And Beyond (History Of Decentralized Finance Explained)

So what’s the story behind Decentralized Finance? How has all of this started? What happened in DeFi in 2020? And where are we going in the future? You’ll find answers to these questions in this video.

Although there is no one agreed-upon date when decentralized finance was born, there were a few important events that made DeFi possible.

The first of them was the creation of Bitcoin in 2009 by Satoshi Nakamoto.

Despite whether Bitcoin should be classified as DeFi or not, its inception was the key enabler for the whole cryptocurrency industry which decentralized finance is part of.

Although sending Bitcoin around the world is cool – finance doesn’t stop there. Every robust financial system needs a set of other important services such as lending, borrowing, trading, funding or derivatives.

Ethereum, with its Turing-complete programming language Solidity and the ERC20 standard for creating new tokens, quickly became a go-to smart contract platform to build on.

DEFI – The Future Of Finance Explained

So what’s the future of finance? Is decentralized finance better than the current financial system? What problems does it solve? And does it have a chance to improve or completely replace traditional finance? You’ll find answers to these questions in this video.

Instead of relying on old and inefficient infrastructure, Decentralized finance, or DeFi, leverages the power of cryptography, decentralization and blockchain to build a new financial system.

A system that can provide access to well-known financial services such as payments, lending, borrowing and trading in a more efficient, fair and open way.

China vs US: Blockchain, AI, & Quantum technology

Blockchain, AI and quantum technology are the new frontiers where China is competing with the US. These tech wars will shape Sino-US relations for the next 5 years.

While Beijing cracks down on cryptocurrencies and bitcoin mining, it quietly launched Blockchain Service Network, a platform that aims to propel China into a control position in blockchain application, an initiative in the CCP’s 13th 5 year plan. The CCP has long planned strategically for AI and quantum technology. From the “Made in China 2025” campaign in 2015, the “13th 5 Year Plan,” to the “14th 5 Year Plan,” China’s competition with the US in achieving quantum supremacy is getting intense and is a national security threat.