Article: Deutsche Telekom Invests in Public Blockchain Network Celo

API, Money, Open Governance, Open Infrastructure

Deutsche Telekom Invests in Public Blockchain Network Celo

Deutsche Telekom is investing in the future of the decentralized financial economy – with a significant purchase of Celo’s native asset (CELO). Celo is an open-source blockchain ecosystem focused on making decentralized financial (DeFi) systems and tools accessible to anyone with a smartphone. Deutsche Telekom will be the first telecommunications company to join the global Celo Alliance for Prosperity.

“Our investment in CELO, combined with infrastructure operated by T-Systems, allows our company to take a strategic approach to participating in a public blockchain network. We are able to secure the Celo network with our investment and our own cloud infrastructure while facilitating user onboarding and use-case development on top of the Celo network,” says Adel Al-Saleh, Member of the Board of Management of Deutsche Telekom AG and CEO of T-Systems.

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Article: The Top Performing DeFi Coins in Q1 Were Not on Ethereum

Money, Open Governance

The Top Performing DeFi Coins in Q1 Were Not on Ethereum

Most DeFi products are built on Ethereum, but the best performing DeFi assets in Q1 may not be what you think. Decentralized finance (DeFi) continues to do exceptionally well in 2021. But the top performing assets so far this year are newcomers—and don’t even run on Ethereum.

According to a Q1 Performance Recap report released today by cryptocurrency data provider Messari, the top two performing DeFi cryptos in the first quarter of 2021 were PancakeSwap and Terra.

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Article: Tokocrypto Launches Toko Token (TKO), a CeFi-DeFi hybrid and Indonesia’s first virtual currency project

Money, Open Governance

Tokocrypto Launches Toko Token (TKO), a CeFi-DeFi hybrid and Indonesia’s first virtual currency project

On, April 7, 2021, Binance Smart Chain (BSC) officially began trading their signature self-built “Toko Token” (TKO), Indonesia’s first local virtual currency project on Binance Launchpad, the largest virtual currency launchpad worldwide, according to Tokocrypto.

The currency was launched with $0.1 per coin with a total supply of 500 million shares and enables high-speed transactions at low fees. TKO recorded an oversubscription of 201,406 individuals with a total of 10,502,201 BNB at the launch date.

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Article: Free TON DeFi Alliance to Lead the Decentralized Finance Ecosystem Growth of TON Blockchain

Money, Open Governance

Free TON DeFi Alliance to Lead the Decentralized Finance Ecosystem Growth of TON Blockchain

Free TON DeFi Alliance is a new organization of like-minded people and businesses who share a common goal – to create an environment for substantial and sustainable Free TON DeFi ecosystem growth.

The Alliance’s declared goals and focus are centered around economical aspects of the Free TON DeFi ecosystem: liquidity accumulation, new partner businesses engagement, bringing new projects and products to be built in Free TON blockchain, marketing and promotion, and new development teams support. The Alliance, also, sets a goal to become a security and auditing center of expertise, which is very important in the DeFi field.

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Article: The Missing Link: How Chainlink’s Pallet Aims to Deliver Greater Informational Access

Access, Innovation, Money, Open Governance, Open Source

The Missing Link: How Chainlink’s Pallet Aims to Deliver Greater Informational Access

As demand for smart contracts climbs, Chainlink’s modular oracle for the Substrate framework aims to power developers and defi applications with trusted off-chain information and pricing data needed to attract projects to Polkadot and Kusama.

As the smart contract revolution continues to gain traction, the fissures and flaws in existing infrastructure that supports these transactional protocols are becoming more apparent. Among the chief issues facing smart contracts, costs and security are the main factors in the spotlight.

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Article: DeFi Technologies : IJS Wins OAX Foundation Grant for Open Source DeFi Technology

Money, Open Governance

DeFi Technologies : IJS Wins OAX Foundation Grant for Open Source DeFi Technology

IJS Technologies is an award-winning blockchain and fintech solutions provider based in Hong Kong. With a commitment to open source and decentralization, IJS strives to make the digital asset and blockchain ecosystem a safer place for everyone.

IJS’ platform is built using the open-sourced DeFi based concept of token swaps. Their approach focuses on closing some of the loopholes that are found within existing platforms, primarily around the areas of price slippage, liquidity, and governance.

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Article: DeFi’s TVL Added $35B in Q1 2021. What’s Next for Decentralized Finance?

Money, Open Governance

DeFi’s TVL Added $35B in Q1 2021. What’s Next for Decentralized Finance?

The first quarter of 2021 was an eventful period for the DeFI world. From January 1st to the end of March, the ‘Total Value Locked’ (TVL), the amount of capital that is being stored in DeFi protocols, rose from roughly $16 billion to more than $49 billion.

Simultaneously, a number of DeFi assets have continued to perform incredibly well. According to Data from Messari, at least 74 DeFi assets have increased their value by more than 100% since the beginning of the year. Seven of these assets have increased their value by more than 1000%.

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Article: Cardano (ADA) could soon see an on-chain liquidity boost, here’s how

Money, Open Governance

Cardano (ADA) could soon see an on-chain liquidity boost, here’s how

The Cardano ecosystem could see a massive expansion of its on-chain liquidity with the launch of OccamRazer, a decentralized funding platform and liquidity solution specifically built to suit the needs of the network. The platform has the potential to see the success other launchpad solutions have seen this year and drastically improve Cardano’s position on the market.

While the current size and popularity of Cardano don’t make this obvious to those unfamiliar with the project, the network has been notorious for its slow development and bootstrapping process. And while the slow and steady pace is used to secure the network and incentivize good actors, this era of Cardano’s development is slowly coming to an end.

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Article: 5 Ways DeFi Can Revolutionize the Healthcare Industry

Open Health, Procedures (Medical)

5 Ways DeFi Can Revolutionize the Healthcare Industry

Against the backdrop of the COVID-19 pandemic, the recent growth of the decentralized finance (DeFi) market could change the game for the healthcare industry. Let’s explore several examples.

With regards to medical device financing and leasing, currently, no one is offering a global solution — no government agencies, banks, or insurers. As healthcare systems around the world struggle to cope with the challenges inflicted and exacerbated as a result of COVID-19, it is clear there is a real need to change the process around medical equipment leasing and financing.

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Article: DeFi-ing the odds: Why DeFi could rebuild trust in financial services

Money, Open Governance

DeFi-ing the odds: Why DeFi could rebuild trust in financial services

To function effectively, society has long depended on people having faith in their institutions. Thanks to the COVID-19 pandemic and wide-ranging failures of leadership, that faith has been tested like never before.

Nowhere is the decline in trust more evident than in the financial services sector. In its 2021 Trust Barometer, Edelman found that only 53% of American respondents said they trusted those in the U.S. to “do what is right” — down 5% from its 2020 survey. You can see this in the battle between Main Street and Wall Street, which played out in January’s GameStop rally. More than just another “short squeeze,” the rally highlighted the fact that many younger investors simply don’t believe in financial institutions.

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