Chainlink launched in 2019 as the first to market a decentralized oracle network. Since then, it has become the de-facto standard in how DeFi & smart contracts interact with the real world. By building a framework for decentralized oracle networks, Chainlink empowers hybrid smart contracts for expansive use by providing a secure foundation for connecting oracle data with … [Read more...] about Chainlink & Decentralized Finance
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A Focus on the Fed’s Digital Dollar Plans
The Fed’s announcement of a tentative look at the potential benefits of adopting a true digital U.S. dollar continue to have an outsize impact on fintech and the financial industry in general. Despite concerns, such a step would represent a truly seismic shift in the way the world does business, and the steps they take bear a lot of scrutiny in the months and years to … [Read more...] about A Focus on the Fed’s Digital Dollar Plans
The Future of Digital Assets: Not a Zero-Sum Game
Blockchain technology and digital assets rose to new heights in 2021; with a record $30 billion in investments, interest in this sector of FinTech has never been stronger. But what's happening with all that money? That was the subject of 1871's recent Tech Talk: Digital Assets and Cryptocurrency: A Breakout Year, with experts weighing in on where developments in digital assets … [Read more...] about The Future of Digital Assets: Not a Zero-Sum Game
DAOs: The Next Blockchain Frontier?
Decentralized Autonomous Organizations (DAOs) came back into the news in 2021, generally falling into two categories: blockchain projects generally centered around the issuance of Ethereum-based tokens, and blockchain-powered crowdfunding ventures for investors. To say that DAOs got off to a rocky start would be something of an understatement. The original DAO, formed in … [Read more...] about DAOs: The Next Blockchain Frontier?
FinTech Forecast 2022
FinTech investments surpassed every year prior in 2021 – $131.5 billion. That’s more than double 2020’s final tally, and 2020 had already set records for that year. It is safe to say that FinTech’s moment has arrived. The digital transformation of finance hit a transition point to become an integral part of business as usual for financial services across the board. In … [Read more...] about FinTech Forecast 2022
Can Digital Assets Really Disrupt Payments?
As digital assets continue to become more and more mainstream, what role they’ll play as they move beyond a token for professional traders to something more widespread and ubiquitous remains a primary question. To some extent, there are no clear answers – yet. A lot depends on the moves that government organizations and banks make moving forward, and the answers they come up … [Read more...] about Can Digital Assets Really Disrupt Payments?