by Otto | Nov 18, 2021 | Blockchains
The Context What is a Smart Contract? (Simplified) A smart contract is a self executing computer generated contract, the terms of which are stored in the blockchain. When terms of the contract are met, a transaction fulfils automatically. This eliminates the need for...
by Otto | Nov 12, 2021 | DeFi
Defi is a new line of business which is rapidly growing and has the potential to democratize banking and finance as we know it, but with this new technology comes risks which an investor needs to be aware of. The risks can be broken down between technological risk,...
by Otto | Nov 12, 2021 | DeFi
What is Staking? Staking is a phrase you will hear frequently in the Crypto industry and it can be a complex idea or simple one depending on how deep you want to dig. Crypto Staking is similar to depositing money in a bank and in return you earn a percentage-rate...
by Otto | Nov 11, 2021 | DeFi
Defi Explained Decentralised Finance, or more commonly known as DeFi, is an umbrella term for peer-to-peer financial services hosted on the blockchain that are geared towards disrupting the conventional financial system. DeFi allows users to earn interest, borrow,...
by Otto | Nov 10, 2021 | DeFi
What is Passive income Passive income is income generated from investments where the investor does not have to actively work in order to make the investment grow. In the Crypto space there are a number of areas where passive income can be earned of which the most...