The Technology Express Magazine | Edition: August 2022
The August 2022 edition of The Technology Express Magazine features an exclusive interview with Jane Thomason, Founder of Global Meta Blockchain where she shared her opinions and views on the different aspects of Metaverse. We dive deep into various fields of technology, from fintech, AI, and cloud computing, to cyber security, sustainable technology, and enterprise IT. We take a look at promising local tech startups and the ever-growing world of cryptocurrency, digital assets, and much more! The Technology Express magazine keeps its readers updated with reviews of the latest gadgets, apps, and services, car enthusiasts get their treatment too with the “Wheels” section. All of that is in addition to a monthly news update that keeps you well-informed in today’s fast-paced era.
The August 2022 edition of The Technology Express Magazine features an exclusive interview with Jane Thomason, Founder of Global Meta Blockchain where she shared her opinions and views on the different aspects of Metaverse. We dive deep into various fields of technology, from fintech, AI, and cloud computing, to cyber security, sustainable technology, and enterprise IT. We take a look at promising local tech startups and the ever-growing world of cryptocurrency, digital assets, and much more!
The Technology Express magazine keeps its readers updated with reviews of the latest gadgets, apps, and services, car enthusiasts get their treatment too with the “Wheels” section. All of that is in addition to a monthly news update that keeps you well-informed in today’s fast-paced era.
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more transparency and security
while going hand in hand with
Web3. There are a lot of different
facets to financial products, yet
DeFi has gained popularity due
to the increasing curiosity about
cryptocurrency. Moreover, DeFi
systems offer access to industry
professionals and institutions as well
as offer lenders way more returns
than conventional banking systems.
Even though most users have
found it extremely rewarding, DeFi is
surely facing some challenges when
it comes to broadening consumer
adoption. For example, DeFi’s growth
was based on its solving the issue
of the oracle, as blockchains were
restricted from accessing external
data that was required to develop
such applications. With the launch of
oracle networks such as Chainlink,
the user base has seen a hike
as they have been successful in
adopting newer blockchains such
as Avalanche, which promotes its
growth. Another shortcoming is
concerning UX, which is not feasible
for many non-crypto users. There
is a lot of obscurity concerning the
Decentralized finance, or DeFi, is generally known as
the radical change that is brought to the conventional
system of dealing with financial products, market
policies, related opportunities, blockchains, and
oracles. Apart from that, crypto firms and institutions
are hiring for Web3-focused openings, signifying
rampant growth, and studies have revealed that
several crypto companies have raised more than $120
billion from investors.
primacy of individual blockchains
and also some particular types of
transactions.
DeFi, being an important
component of Web3, is gaining
great popularity irrespective of a
few shortcomings, and thereupon is
expected to have a larger room for
improvement. Many new companies
have started integrating their work
with the opportunities that DeFi
has to offer, and it is feared that
companies that are late in adopting
it may be left out of this bandwagon
and rush because of the potential
that DeFi can bring about in the
organization.
-feature@thetechnologyexpress.com
www.thetechnologyexpress.com AUGUST 2022 / 41
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