DEFI FOCUS – CELCIUS NETWORK
What is it? Celcius network is a global Peer-To-Peer network which allows owners of a variety of Cryptocurrency to connect with people that want to borrow Cryptocurrency. By subscribing to the Celcius network will the holders be able to earn interests in (classic) fiat currency or be paid out in the companies own coin, CEL…
DEFI FOCUS – WRAPPED BITCOIN (WBTC)
What is it? Wrapped Bitcoin (WBTC) is an ERC20-token which aims to bring the liquidity of the Bitcoin blockchain to the Ethereum Blockchain. In plain English this means “introducing Bitcoin to the Ethereum blockchain”. This is done by keeping a reserve of Bitcoin in a trust-account. In order to achieve high transparency, the amount of…
DeFi FOCUS – Bancor Network Token (BNT)
What is it? Bancor is one of the older decentralized exchanges available on the Ethereum blockchain. The network officially launched on June 12 2017 by starting its ICO’s. Its whitepaper was first introduced on February 13 2017. What makes Bancor unique is that it set the standard for all Decentralized Exchange Networks. It basically invented…
DeFi FOCUS – CHAINLINK (LINK)
What is it? Chainlink is best described as a link between different blockchains and Smart Contracts. It addresses the problem whereby information not available on a blockchain can be searched and used for the functioning of Smart Contracts. To understand the function of Chainlink there is the need to understand the principle of Smart Contracts.…
DeFi FOCUS – POLKADOT (DOT)
What is it? Polkadot is a network which prides itself in the development of a so-called web 3.0 framework. Web 3.0 is considered in IT to be the next logical step in the development of the internet. To put it in perspective: Web 1.0 deals with the sharing of documents (the initial phase and birth…
DeFi FOCUS – RAVENCOIN (RVN)
What is it? Ravencoin is a peer-to-peer blockchain, a fork of the Bitcoin code, which enables users to handle the transfer, and efficient creation, of assets from one party to another. It is a project with its main use-case being a focus on the transfer of both digital and physical assets. It is a Bitcoin…
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