Decentralized Finance (DeFi) is undoubtedly one of the most important financial innovations in the last decade. The reason for this is not far-fetched. DeFi has successfully created a limitless financial system where every person can have access regardless of location or income level. So far, the traditional financial system has struggled with replicating this feature. However, despite DeFi’s numerous value offerings, it has begun to...Read More
Why the First DAO Launch Failed – Lessons to Learn: On the 30th day of April 2016, the first ever decentralized autonomous organization was launched using an open-source computer code developed by Christoph Jentzsch. This organization closely mimicked a venture capital fund. Owners of DAO tokens could gain immersive profits from the organization’s investment mainly through dividends and the price increase on the tokens – Ethereum....Read More
The Current Legal Status of DAOs: Decentralized Autonomous Organizations (DAOs) are virtual communities where interested persons invest in a project, usually by pooling their resources. In return, these investors get to work without the monopoly of a centralized authority; they get to make decisions by consensus rather than very few. This century has seen the introduction of decentralized systems into many Blockchain and cryptocurrency organizations,...Read More
Dubai’s Game-changing Move: Combining Digital Gold and Blockchain Technology: Dubai has always been at the forefront of innovation and technological advancements, and the city is once again making waves in the world of finance by combining digital gold with blockchain technology. Introducing crypto gold is a game-changing move to revolutionize the gold market, and Dubai is leading the way. Buying and selling gold has been...Read More
Green finance has become a major global topic in recent years. This is because many countries are battling the severe effects of climate change. The Gulf countries have been particularly affected by climate change. For instance, the UAE has experienced problems like droughts and water scarcity due to the temperature rises caused by climate change. Thus, many national governments have recognised how significant the climate change problem...Read More
