WEB3 — BLOCKCHAIN

Source : caifucong.com
  • DAO (Decentralised Autonomous Organisation) is a blockchain application, which focuses on automating the functions over internet , eradicating the human involvement.
  • DEFI (Decentralised Finance) is a blockchain application which aims to make the whole financial system decentralised over internet by making use of escrow smart contracts, staking pools etc.
  • NFTs (Non Fungible Tokens) is a concept of providing unique identities to various entities over blockchain network.
  • BTLDs (Blockchain Top Level Domains) is a domain naming system based upon blockchain network to host files, transfer cryptocurrencies etc.
Source : Geospatialworld.com

--

--

--

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

BlockPegnio, PlayStation Partner, Will Enable Governance NFTs for The Six Dragons

How Layer 2 Solutions Are Helping Ethereum Scale

ZED Run: Investing in $23 Million Digital Racehorses

Blockchains for biomedicine and health care are coming. Buyer: be informed — STAT

NEAR · New Listing Information

Gesucht: 3 Mitarbeiter/innen (à 50% Stelle) für das Frankfurt School Blockchain Center

Weekly updates of the InvArch project 05.02.2022

The popularizing of blockchain technology, the awakening program of the open source community

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Anish Kapoor

Anish Kapoor

More from Medium

How to reduce expensive Gas Fees on OpenSea to near cents to buy NFTs.

Understanding Crypto, From Wallets To Contracts To Trading.

Nifty Comedians is serving up some knee-slapping comedy NFTs with Polygon Studios

GEOPOLY NFT FARMING