Mind Matters Natural and Artificial Intelligence News and Analysis

TagDeFi (decentralized finance)

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green plant in clear glass vase

What Is Decentralized Finance?

When you pay Uber for a ride, or anybody else, you use a bank or a third party like PayPal. What if you could pay the Uber driver directly? Decentralized finance uses blockchain to establish trust and security without government regulations. Is decentralized finance the way of the future? Adam Goad, Dr. Austin Egbert, and Dr. Robert J. Marks discuss…

bitcoin-and-cryptomoney-stockpack-adobe-stock
Bitcoin and cryptomoney

How and Why Cryptocurrencies Are Revolutionizing Money

The trouble is, cryptos are an immature technology at present and that fact may doom many of the current ones

At Expensivity, Bernard Fickser, who has explained how to sell non-fungible tokens (NFTs) now offers “The Truth About Cryptocurrencies: A Clearheaded Guide to the Crypto World.” (January 15, 2022) For your convenience, we are serializing his work, which can be read in whole here. Here’s Part 4: 4 Crypto’s Revolution in Money and Finance Cryptocurrencies seem different from mass delusions of the past. They do novel things in the world of finance that many people want, such as allow for anonymous exchanges of digital currency that feel a lot like exchanges of ordinary cash. They promise to bypass intrusive government control. And they’ve attracted a lot of very smart talent that is deploying some very cool mathematics and computer science.…