Decentralized Finance, better known as DeFi, is an emerging FinTech area that brings cryptocurrency's blockchain or decentralized distributed ledger technology to banking and other financial services. It eliminates the need for intermediaries in cross-border transactions and, by extension, finance,...
The leading Solana-based Play-to-Earn (P2E) gaming ecosystem, SolChicks, has launched a mini-game called Dungeon Escape. Dungeon Escape promises exhilarating gameplay as players navigate through the terrain collecting treasures and avoiding deadly traps that could knock them back a level...
Crypto lending is an element of the crypto ecosystem that allows individuals to borrow and lend cryptocurrencies. Crypto enthusiasts can borrow and lend cryptocurrency for various purposes and incentives, much like in the traditional finance space. Let's assume a...
Like other countries, the United States has witnessed an influx of crypto platforms and users. With the rise in popularity of digital assets, authorities ranging from the White House to the U.S. Securities and Exchange Commission (SEC) have been...
Different blockchains exist, and the development in this space has increased the need for unique chains with varying consensus mechanisms and operations to communicate with one another. Gone are the days when blockchains were restricted and didn't need inter-communication...
Gaming has evolved from players merely enjoying intriguing gameplay and spending money to purchase skins and collectibles to a world where participants are rewarded for being active. There is a need for a game guild in the blockchain gaming...
SolChicks, a notable NFT play-to-earn gaming ecosystem based on the Solana network, has announced its plans to donate to Ukraine. It urged its community on Twitter to participate in its donation campaign. The donation campaign set a goal to...
DeFi, or decentralized finance, enables individuals, merchants, and corporations to conduct financial transactions without intermediaries. This is accomplished through the use of peer-to-peer financial networks, which employ security protocols, connection, software and hardware enhancements, and so on. Unlike typical...
In today's episode on DPP (DeFi Planet Podcast), we explained extensively the meaning of Central Bank Digital Currency (CBDC). Which is a digital form of a country's fiat currency, issued and regulated by a nation's monetary authority or central...
The question of whether or not CBDCs should be introduced continues to be debated around the world, even as a handful of countries are already going ahead with their introduction. In this piece, we examine some of the questions...
