xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
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The blockchain is an automatic public ledger system to record transactions and track their accuracy while providing transparent information to all participating parties. The benefits of using blockchain are transparency, immutability, and efficiency.
https://twitter.com/barducci/status/1558094827413438465
However, the opponents of the blockchain argued that it is an invaded, manipulated, and costly system.
https://twitter.com/JohnReedStark/status/1558044432053768193
If you support blockchain technology, every sector should implement such technology to make it transparent.
The blockchain, in theory, can replace every institution.
And blockchain that can build on top of layers will provide additional features for future uses.
https://cryptosrus.com/expert-shares-top-3-crypto-sectors-for-investment/
Cryptocurrencies are yet to challenge the current financial system. However, when intermediaries are costly to make the system runs inefficiently, it is time to change. Banking, trading, funding, accounting, insurance, and many other financial services are expensive, and people seek better and cheaper solutions.
Even the money that you are using is about to be replaced by the blockchain someday in of the future.
The longer the current system exists, the more inefficient such system will become, losing its integrity on its own while trying to dominate the market.
Blockchain technology does not restrict its ability in the air traveling, and Uber can be replaced by the blockchain too. In addition, the blockchain can replace Tesla if they lose integrity and users want their own car companies.
If not, the blockchain will replace aerospace technology. The supply chain system can allow the government to secure its data information.
You can book your hotels and have a shared room through Airbnb App in the blockchain system. Customers' data can be secured in the blockchain to protect their privacy.
Companies were monopolies in this sector. However, they may not be able to dominate anymore through the blockchain.
The blockchain can help manage large data volumes with more accurate record-keeping.
Why healthcare is costly is a myth, but blockchain can provide insights to reduce costs.
Blockchain can also make education cheaper and more accessible to everyone.
It is likely to have every business sector with a blockchain run as an alternative. The technology will empower individuals to have their own choice of the business model they prefer.
If you enjoy reading my articles, buy me a coffee here.
The blockchain is an automatic public ledger system to record transactions and track their accuracy while providing transparent information to all participating parties. The benefits of using blockchain are transparency, immutability, and efficiency.
https://twitter.com/barducci/status/1558094827413438465
However, the opponents of the blockchain argued that it is an invaded, manipulated, and costly system.
https://twitter.com/JohnReedStark/status/1558044432053768193
If you support blockchain technology, every sector should implement such technology to make it transparent.
The blockchain, in theory, can replace every institution.
And blockchain that can build on top of layers will provide additional features for future uses.
https://cryptosrus.com/expert-shares-top-3-crypto-sectors-for-investment/
Cryptocurrencies are yet to challenge the current financial system. However, when intermediaries are costly to make the system runs inefficiently, it is time to change. Banking, trading, funding, accounting, insurance, and many other financial services are expensive, and people seek better and cheaper solutions.
Even the money that you are using is about to be replaced by the blockchain someday in of the future.
The longer the current system exists, the more inefficient such system will become, losing its integrity on its own while trying to dominate the market.
Blockchain technology does not restrict its ability in the air traveling, and Uber can be replaced by the blockchain too. In addition, the blockchain can replace Tesla if they lose integrity and users want their own car companies.
If not, the blockchain will replace aerospace technology. The supply chain system can allow the government to secure its data information.
You can book your hotels and have a shared room through Airbnb App in the blockchain system. Customers' data can be secured in the blockchain to protect their privacy.
Companies were monopolies in this sector. However, they may not be able to dominate anymore through the blockchain.
The blockchain can help manage large data volumes with more accurate record-keeping.
Why healthcare is costly is a myth, but blockchain can provide insights to reduce costs.
Blockchain can also make education cheaper and more accessible to everyone.
It is likely to have every business sector with a blockchain run as an alternative. The technology will empower individuals to have their own choice of the business model they prefer.
If you enjoy reading my articles, buy me a coffee here.
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