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Showing posts from October, 2021

Regulations for Crypto World

  Why is it required to regulate crypto space? Regulation of any product/industry/currency etc. is always in the interest of all participating parties who have their vested interest in the entire concerned ecosystem whether it is Government, company, community (public) , Institutional investors, Crypto exchanges in India & abroad, inflow of foreign investments, Indian corporate sector, etc. Crypto s is the new product lin e in the financial market across the world and is under its’ phases of development. Currently not even a single country has prescribed thorough regulations for crypto s across the globe. Why regulations are required for all the participants having their vested interest in the crypto ecosystem : Government : Govt. can frame laws to control the ecosystem of crypto world to provide safeguard to the economy by controlling bad guys through the use of KYC/AML policies, defining the crypto assets with their definitions, prescribing different nature of punishment...

Defis – Meaning, Benefits, Risks, Applications, Ways of making money

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  Defis – Meaning, Benefits, Risks, Applications, Ways of making money   v How Blockchain can disrupt traditional finance sector ? v Meaning of Decentralized Finance v Why Defis are needed? v Benefits of Defis v Risks involved in Defis : Ø Technology risks Ø Product risks Ø Collateral risks Ø Regulatory risks v Applications/Uses of Defis v Ways of earning money from Defis   How Blockchain can disrupt traditional finance sector ?   When transactions of traditional finance world are conducted on public blockchain where there is no central agency through which transactions move, such a system will be known as decentralized finance i.e. Defi. Self executing instructions are written in form of codes i.e. smart contracts on a public blockchain which makes it possible for buyers, sellers, lenders, and borrowers to interact peer to peer or with a strictly software-based middleman rather than a company or institution facilitating a tra...