Projects

The crypto space has grown tremendously, but more progress has yet to be made regarding lending and borrowing digital assets. However, many companies are taking a step in this direction, and Aave is a perfect example.  Aave is an open-source DeFi protocol that allows users to borrow and lend digital assets. The platform has traditional loan features and several unique features that make it stand out.  This article will review the platform, understand its features, and how it works.  What…

Pundi X (NPXS) was brought to light by a group of computer technologists and entrepreneurs during the early days of 2018 when the Initial Coin Offering (ICO) was in full swing. The crypto industry began with major coins like Bitcoin, Ethereum, etc. However, only crypto enthusiasts had access to it. Crypto noobs fell to several scam attempts as it was difficult to find their way of accessing cryptocurrencies. The Pundi X team took it upon themselves that if there is…

Even with all the crypto world advancements, there haven’t been many significant crypto credit facilities. However, suppose we will advocate for the mass adoption of credit facilities. In that case, we need to ensure that we have services similar to the traditional financial system, but only with some advantages.  Fortunately, Nexo, a leading FinTech group, has taken it upon itself to provide the world’s first instant crypto-backed loans. Thanks to this platform, anyone with some crypto assets benefits from it without…

Decentralized Finance, more commonly known as DeFi, is the newest trend in the cryptocurrency sector. After "Colored Coins," Smart Contracts, and ICOs, DeFi has taken the limelight. It has opened the door to a whole new branch of decentralized technologies. Among the hundreds of projects focusing on bringing Decentralize Finance to the masses, none has been as successful as the MakerDAO Network. The Need for MakerDAO The MakerDAO is a decentralized smart contract platform on Ethereum. It is one of…

The crypto space has, in recent times, witnessed a surge in decentralized finance platforms, with crypto Compound finance being the latest innovation, which has grown incredibly in the past year. In crypto, compound finance refers to an algorithmic, open-source protocol that creates money markets, currently mostly on the Ethereum blockchain. In other words, a compound can be defined as a fully automated, decentralized money market protocol. Compound finance allows users and applications to access the financial platform remotely from any…

New Economy movement, or NEM, as it’s widely known, is a peer-to-peer blockchain platform for developers. Its native cryptocurrency is called XEM, and it has been split into two parts called the microXEM (the smallest unit) and milliXEM (the thousandth unit). One of this project's inspiring features is that while other major altcoins had Bitcoin codebase as their substrate, they built every part of the blockchain from scratch in Java and JavaScript. The NEM Foundation plans to build a financial…

Brave browser is built to give users a better internet experience by ensuring fast, private, and secure browsing. It blocks ads and trackers and rewards users to view privacy-respecting ads using their Brave Rewards feature. Brave uses Basic Attention Token (BAT) as an in-house crypto token to connect and reward users, publishers, and advertisers on its platform. BAT is an Ethereum blockchain-based or decentralized platform transforming digital advertising into a transparent ads exchange medium. Through BAT token, users, publishers, and…

After a successful Binance IEO, Kava was launched in the last quarter of last year. Since then, the platform has been causing a fuss in the DeFi industry, projected to transform the entire crypto industry. The project aims to create the world’s first dedicated DeFi platform offering collateralized debt and stablecoins for all the leading crypto assets. Cosmos powers the project, which is built on the Tendermint core. Over 100+ business entities worldwide support Kava, including renowned crypto funds such…

The VeChain Thor (VET) is a public blockchain designed with one aim: to enhance supply chain management and streamline business processes and information flow for complex supply chains through distributed ledger technology (DTL). How does VeChain work? VeChain involves assigning a product a unique ID and fitting it with a VeChain smart chip tracker, such as an NFC chip or RFID tracker, allowing the details of any product to be collected, stored, and quickly reviewed. This crypto-space solution will enable businesses…