Blockchain focused digital media company Blockinpress introduces the second Deconomy forum (Distributed Economy) to discuss financial applications of Blockchain and Blockchain Technology. Deconomy 2019 returns after a year since the inaugural 2018 event that gather global industry leaders and gathered over 2200 attendees.
Experts from variety industries are scheduled to fly in to Korea as speakers including the head of the IMF’s resident representative officer in Singapore, Jochen M Schmittmann, Research Adviser in funds management and Banking department of Bank of Canada, Francisco Rivadeneyra, associate professor and Co director of initiative for cryptocurrencies and smart contracts at Cornell University, Emin Gun Sirer and Gina C Pieters of University of Chicago, Department of Economics.
Continue reading “Deconomy Forum is back this April in Seoul”
Despite its rapid growth, development and quick adoption of this decentralized financial technology, it is still not given a complete endorsement from political to business leaders.
From the recent fintech festival which was taken place in Singapore, Indian PM has to relate the word Blockchain as an example of irrelevant financial technology because they have no control over it.
Continue reading “Blockchain technology is still not endorsed in the Indian economy”
Why choose central authority when we can fully go decentralized, i.e without any central authority. The users are getting frustrated by the blockage and demonetization on their content on a social video sharing platform like Youtube. The creators have no freedom of speech due to the hinder regulated by the centralized ecosystem. The time and energy that people are spending to share their contents with the world are of no use and less positivity that brings to the actual creator. But why do we have to worry more when we can monetize our contents. To overcome such an obstacle in terms of contents monetization, blockchain technology has been a major role in solving that problem. That’s right! now every content creator can get rewarded for their contents on a decentralized social media like Steemit which was developed on top of Steem blockchain.
The contents have been tokenized with the chain system of Smart media token (SMT) to give a support of your daily contents that you share on decentralized social media. The rewards are distributed as creator and curation reward. Which means that even the person engaging with your social media post can monetize their engagement. It is completely decentralized, i.e you have the complete control of your content.