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DePIN Tackles the World’s Most Entrenched Industries

DePIN বিশ্বের সবচেয়ে প্রবেশ করা শিল্পকে মোকাবেলা করে

DePIN nimmt sich der am stärksten verankerten Branchen der Welt an

DePIN aborda las industrias más arraigadas del mundo

DePIN s’attaque aux industries les plus implantées au monde

DePIN दुनिया के सबसे अधिक स्थापित उद्योगों से निपटता है

DePINは世界で最も定着している産業に取り組む

DePIN은 세계에서 가장 확고한 산업을 다루고 있습니다

DePIN aborda as indústrias mais arraigadas do mundo

DePIN решает проблемы самых укоренившихся в мире отраслей

DePIN Dünyanın En Köklü Endüstrileriyle Mücadele Ediyor

DePIN giải quyết các ngành công nghiệp cố thủ nhất thế giới

DePIN 应对全球最根深蒂固的行业

In the realm of finance, the rise of cryptocurrencies has been nothing short of revolutionary. From the inception of Bitcoin over a decade ago to the proliferation of thousands of digital assets today, the crypto market has grown exponentially, attracting investors, enthusiasts, and skeptics alike. Yet, amidst this rapid expansion and the promise of decentralization, one critical aspect remains largely unaddressed: the need for a bridge between the burgeoning crypto sphere and traditional finance. While cryptocurrencies offer numerous advantages, including borderless transactions, increased financial inclusivity, and potential for high returns, they also face significant challenges. One of the most pressing is the lack of seamless integration with the existing financial infrastructure. Despite their growing popularity, cryptocurrencies still operate largely outside the traditional banking system, creating barriers to adoption and limiting their utility for everyday transactions. To address these challenges and unlock the full potential of cryptocurrencies, there is a growing need for bridges that connect the digital realm with traditional finance. These bridges can take various forms, including regulated exchanges, custodial services, payment gateways, and decentralized finance (DeFi) platforms. By providing secure, compliant, and user-friendly interfaces, these bridges can facilitate the seamless flow of capital between crypto and fiat currencies, fostering greater liquidity, stability, and trust in the market. Credefi is looking to be one of those bridges. Looking to converge traditional finance and blockchain technology, this tool is creating innovative financial instruments that everyone - regardless of their status and capital base  - can use. We spoke to the developers about the vision for the project going forward. 1. Numerous projects have sought to bridge traditional finance and blockchain technology. How does Credefi stand out? We fundamentally stand out in the competitive landscape by integrating Experian's trusted credit scoring, pioneering the groundbreaking NFT Corporate Bonds as a service, and enhancing our platform security with our proprietary Module X. Our numerous strategic partnerships and having a seasoned team, skilled in TradFi, amplify our innovative approach towards the industry. Our Autonomous earning feature is setting a new standard in asset investment, but this is just one of our specialties. We pride ourselves on being at the forefront of technological advances by using tokenized assets as collateral, together with traditional Real World Assets. The introduction of NFT Corporate Bonds is a major advancement, providing a decentralized, transparent, and accessible approach to traditional finance. This will allow Financial Institutions to actually issue their bonds seamlessly, transparently, and cut the middleman, avoiding massive commissions and effectively accessing financing from lenders directly. We believe this is a game changer because it securely fixes the issues faced by companies when searching for alternative and fast funding. This is one of the ways we are working to address the European Union's debt financing shortfall of $176.6 billion. 2. How do you see the regulatory landscape surrounding blockchain evolving? We are very happy to say that we have been fully compliant with the regulatory standards in the EU, where we are based and operate from. Our reach, however, is not limited only to Europe, and we are constantly expanding our operations across multiple continents. This is why we are excited to see that crypto regulation in general is evolving rapidly, given the fact that the industry is fast-paced, and governments are continuously expanding their views and support to the space by implementing and facilitating regulations at local and global scales. Clear regulations can provide a much-needed framework that fosters trust, ensures stability, and promotes responsible innovation. By setting transparent rules, governments are not stifling innovation but rather legitimizing and integrating cryptocurrencies into the mainstream financial ecosystem. The EU MiCa regulatory frame is a very good example of this. 3. Should investors be more excited about the prospect of blockchain expansion, especially in a crypto bull market? We have always believed that DeFi and TradFi should and can fruitfully coexist and support each other. Therefore, yes, we think that everyone should be excited about blockchain expansion. This will ultimately be more visible and strongly felt in a bull market. Definitely. During a bull market, there is massive potential for innovative applications beyond the token speculation aspect. There is generally an increased mainstream adoption, signs of market maturation, and, yes, the allure of significant returns. But let’s not forget the advancements in blockchain technology that could enhance efficiency and security in the sphere as a whole. 4. What areas do you believe the blockchain space needs to improve on for traditional finance adoption to take place? There are two fundamentals that will imminently fuel the process of adoption - transparency and education. All industry players should strive for these two because they build trust and expand global knowledge. Apart from this, if we can explore the topic further, in order for conventional finance to experience its complete adoption and integration with the blockchain universe, enhancements are necessary in areas such as, obviously, regulations, large-scale transaction handling, seamless interaction between different blockchain systems, robust security measures, more user-friendly interfaces, adherence to existing financial compliance standards, increased awareness and truly showcasing its cost-effectiveness. The rest is easy. 5. Which traditional finance institutions do you think can adopt blockchain to really move the needle? Banks are definitely the ones, which have the power to change the global financial outlook and direction. Together with governments, both can massively help to “move the needle.” Investment funds should also join the party, in our opinion. Once the above happens, we can and will have a truly prosperous blockchain adoption. But let’s think of even more traditional players in the financial field - stock exchanges (using blockchain for the settlement and clearing processes, stock exchanges can significantly reduce the time it takes to settle trades); Insurance companies (enhancing fraud detection); payment service providers (they can become more secure, efficient, and cost-effective). These are just a few. Honestly, when it comes to blockchain adoption - the sky's the limit. When these core institutions of traditional finance start incorporating blockchain into their fundamental processes, it serves to endorse the technology and set the stage for its broad acceptance, possibly revolutionizing the whole financial ecosystem. Conclusion As far as innovations go, crypto is definitely up there. The market has moved rather quickly and is ready to scale even more. However, inasmuch as the market is expected to be the future, there is still a significant need for traditional finance. And for the future to really be promising, building bridges between these industries will be critical. In the realm of finance, the rise of cryptocurrencies has been nothing short of revolutionary. From the inception of Bitcoin over a decade ago to the proliferation of thousands of digital assets today, the crypto market has grown exponentially, attracting investors, enthusiasts, and skeptics alike. Yet, amidst this rapid expansion and the promise of decentralization, one critical aspect remains largely unaddressed: the need for a bridge between the burgeoning crypto sphere and traditional finance. While cryptocurrencies offer numerous advantages, including borderless transactions, increased financial inclusivity, and potential for high returns, they also face significant challenges. One of the most pressing is the lack of seamless integration with the existing financial infrastructure. Despite their growing popularity, cryptocurrencies still operate largely outside the traditional banking system, creating barriers to adoption and limiting their utility for everyday transactions. To address these challenges and unlock the full potential of cryptocurrencies, there is a growing need for bridges that connect the digital realm with traditional finance. These bridges can take various forms, including regulated exchanges, custodial services, payment gateways, and decentralized finance (DeFi) platforms. By providing secure, compliant, and user-friendly interfaces, these bridges can facilitate the seamless flow of capital between crypto and fiat currencies, fostering greater liquidity, stability, and trust in the market. Credefi is looking to be one of those bridges. Looking to converge traditional finance and blockchain technology, this tool is creating innovative financial instruments that everyone - regardless of their status and capital base  - can use. We spoke to the developers about the vision for the project going forward. 1. Numerous projects have sought to bridge traditional finance and blockchain technology. How does Credefi stand out? We fundamentally stand out in the competitive landscape by integrating Experian's trusted credit scoring, pioneering the groundbreaking NFT Corporate Bonds as a service, and enhancing our platform security with our proprietary Module X. Our numerous strategic partnerships and having a seasoned team, skilled in TradFi, amplify our innovative approach towards the industry. Our Autonomous earning feature is setting a new standard in asset investment, but this is just one of our specialties. We pride ourselves on being at the forefront of technological advances by using tokenized assets as collateral, together with traditional Real World Assets. The introduction of NFT Corporate Bonds is a major advancement, providing a decentralized, transparent, and accessible approach to traditional finance. This will allow Financial Institutions to actually issue their bonds seamlessly, transparently, and cut the middleman, avoiding massive commissions and effectively accessing financing from lenders directly. We believe this is a game changer because it securely fixes the issues faced by companies when searching for alternative and fast funding. This is one of the ways we are working to address the European Union's debt financing shortfall of $176.6 billion. 2. How do you see the regulatory landscape surrounding blockchain evolving? We are very happy to say that we have been fully compliant with the regulatory standards in the EU, where we are based and operate from. Our reach, however, is not limited only to Europe, and we are constantly expanding our operations across multiple continents. This is why we are excited to see that crypto regulation in general is evolving rapidly, given the fact that the industry is fast-paced, and governments are continuously expanding their views and support to the space by implementing and facilitating regulations at local and global scales. Clear regulations can provide a much-needed framework that fosters trust, ensures stability, and promotes responsible innovation. By setting transparent rules, governments are not stifling innovation but rather legitimizing and integrating cryptocurrencies into the mainstream financial ecosystem. The EU MiCa regulatory frame is a very good example of this. 3. Should investors be more excited about the prospect of blockchain expansion, especially in a crypto bull market? We have always believed that DeFi and TradFi should and can fruitfully coexist and support each other. Therefore, yes, we think that everyone should be excited about blockchain expansion. This will ultimately be more visible and strongly felt in a bull market. Definitely. During a bull market, there is massive potential for innovative applications beyond the token speculation aspect. There is generally an increased mainstream adoption, signs of market maturation, and, yes, the allure of significant returns. But let’s not forget the advancements in blockchain technology that could enhance efficiency and security in the sphere as a whole. 4. What areas do you believe the blockchain space needs to improve on for traditional finance adoption to take place? There are two fundamentals that will imminently fuel the process of adoption - transparency and education. All industry players should strive for these two because they build trust and expand global knowledge. Apart from this, if we can explore the topic further, in order for conventional finance to experience its complete adoption and integration with the blockchain universe, enhancements are necessary in areas such as, obviously, regulations, large-scale transaction handling, seamless interaction between different blockchain systems, robust security measures, more user-friendly interfaces, adherence to existing financial compliance standards, increased awareness and truly showcasing its cost-effectiveness. The rest is easy. 5. Which traditional finance institutions do you think can adopt blockchain to really move the needle? Banks are definitely the ones, which have the power to change the global financial outlook and direction. Together with governments, both can massively help to “move the needle.” Investment funds should also join the party, in our opinion. Once the above happens, we can and will have a truly prosperous blockchain adoption. But let’s think of even more traditional players in the financial field - stock exchanges (using blockchain for the settlement and clearing processes, stock exchanges can significantly reduce the time it takes to settle trades); Insurance companies (enhancing fraud detection); payment service providers (they can become more secure, efficient, and cost-effective). These are just a few. Honestly, when it comes to blockchain adoption - the sky's the limit. When these core institutions of traditional finance start incorporating blockchain into their fundamental processes, it serves to endorse the technology and set the stage for its broad acceptance, possibly revolutionizing the whole financial ecosystem. Conclusion Conclusion As far as innovations go, crypto is definitely up there. The market has moved rather quickly and is ready to scale even more. However, inasmuch as the market is expected to be the future, there is still a significant need for traditional finance. And for the future to really be promising, building bridges between these industries will be critical.

The Burgeoning Crypto Market Still Needs A Link To Traditional Finance

Recently, I had the opportunity to connect with , the Executive Director at , creators of the Ethereum Name Service (ENS). Our conversation came at a particularly exciting time for web3—possibly on the cusp of a bull market—and for ENS, which is seeing important milestones like its recent . Khori shared his vision of the “new internet,” emphasizing the role of digital identity and the push toward user-centric platforms in shaping an inclusive digital future. Khori Whittaker ENS Labs partnership with GoDaddy Khori, what exactly drew you into web3? My personal and professional journey has always been one of learning—and teaching. Throughout my career, I’ve been at the intersection of business and education, managing schools in the US for most of the past decade. My interest in adopting new technologies early led me to blockchain in late 2017. I started exploring how it could be applied in education, leading to exciting experiments with a blockchain-based student information system. This path then took me to Circle (USDC) where I engaged in a project focused on the talent side. It was then that I connected with , the founder of ENS. We started talking, and one thing led to another. Nick Johnson Today, I really see web3’s potential in transforming the internet as we know it. It redefines how we manage ownership online, improves access to information and resources previously out of reach, and fosters inclusive innovation through decentralized technology. You might hear me talk about Circle and ENS because both focus on breaking into mass adoption. On the monetary side, stablecoins like USDC or USDT allow you to send a transaction instantly and globally without going through all sorts of hoops. Once you experience that, you can’t go back. Then there’s the identity piece. With ENS, you possess a personal identity that is not bound to any specific platform, allowing you to carry it across the digital space. You can use it for transactions, reputation proofs, as a web domain… you name it! How do you see decentralized identity evolving in the future? I hope that in the future, we won't even be discussing web3—it will simply be the new version of the internet. At ENS, our goal is to welcome people into this new era. Currently, users' online identities are mainly stored and hosted on centralized servers controlled by major email and social media corporations. Web3 is about self-sovereignty and ownership. ENS gives users the freedom to carry their identities across platforms while maintaining their social graph and connections seamlessly as they move through digital spaces. For example, I've used Farcaster and Supercast, maintaining the same social network on both. When Warpcast experienced downtime, Supercast remained accessible, showing the resilience of decentralized identities. So, I believe the newfound control and autonomy over one’s digital presence will profoundly affect users in the years to come. What are some practical applications for digital identity? Education is a good example. Imagine being able to add your academic records directly to your digital identity. If you're a college student or recent graduate and need to share your transcript, you often have to pay your institution a fee to send it. Instead, these records could be linked to your digital identity, giving you control over who accesses them. That’s a basic user right. This extends to privacy enhancements we envision with zero-knowledge Layer 2 solutions. For instance, you could verify that you belong to a certain age group without revealing your exact age or share specific qualifications without disclosing all details. The same principle could apply to health and financial records. What parts of web3 identity haven’t been solved yet? One challenge is that we are still not really building for the next billion users. As a space, we are guilty of building for our niche little community over the past decade. This only works for tech-savvy users who are comfortable dealing with seed phrases and signing messages. It’s time we put the everyday person front and center. The other challenge is getting platforms like Facebook and X to recognize decentralized identities. But will they? It’s hard to say. They're reaping significant benefits from owning all our information. Yet, there's hope that social media sites like Farcaster might gain more traction. It’s unlikely that the traditional platforms will be able to maintain their hold indefinitely, especially as people begin to explore and understand what’s possible in the decentralized space. How does ENS think about onboarding this “next billion?” In the web3 space, we're all envisioning the future—the possibilities of 2030 and 2040. Yet, it feels like we're still playing by the rules set in 2012. It's time to update our playbook. The way we build our protocols and projects is crucial. I believe in moving from discussion to action. A key part of this action is establishing a digital identity for users, which is where ENS comes in. It's surprising to see so many new projects overlook the importance of a simple, user-friendly identity solution in favor of complex hexadecimal addresses. Identity solutions should be foundational, not an afterthought. Whether it's ENS or another service, the focus should be on prioritizing the user's needs from the start. Also, we can’t just keep talking to ourselves in a bubble. For example, our partnership with GoDaddy, which introduced ENS-enabled domains to millions of users, is a step toward a wider audience. Now, whether the users are ready to take the leap is the question—but the road is paved and ready. On our side, the adoption of ENS is growing, with hundreds of thousands already using .eth domains. The launch of Coinbase's subdomain service has expanded ENS usage to millions more. Similarly, Uniswap's introduction of uni.eth usernames saw significant uptake in just a few days. By collaborating with these large platforms to integrate ENS technology, we're extending its reach and making it a part of more users' online experiences. This enhances the users’ experiences and furthers adoption. cb.id We need to create B2C applications that genuinely appeal to everyday consumers, craft B2B solutions tailored to current business needs, and initiate what I call B2G (Business to Government) efforts to optimize the operations of local, municipal, and national governments. Solving real needs in the real world will bring the next billion users on board. Could these innovations ultimately help reshape societal values? In many parts of the world, people often feel like bystanders in their own stories. They witness decisions made by governments and corporations without having a say, leading to a sense of helplessness. Technology can shift our mindsets; our mindsets, in turn, can shape technology. I’m hoping that web3 will lead to a whole new way of approaching life. For example, by advocating for self-sovereign and decentralized identities, we can empower people to regain control and ownership. Maybe you don't have to just accept what's happening to you or your community anymore. We can come together, drive change, and pool resources to foster communities and decentralized autonomous organizations (DAOs) that push forward local initiatives. Thinking about concepts like network states, this is where societal change begins. It's about recognizing the power of collective action. This tech is not only about tearing down barriers but also about connecting people. Can you share your approach towards Layer 2 protocols and their significance today? Our strategy is grounded in active listening to the developers and the community, which informs our roadmap. A concern we’ve noted is the cost associated with domain registration and maintenance on Layer 1 networks. Even though a domain might only cost around $5, gas fees can go up to $25 or $30, which may discourage the user. And naturally, modifying your domain or adding records incurs additional on-chain fees. The recent Dencun update on Ethereum has helped, but our goal is to reduce these costs even further to simplify and accelerate how users manage their digital identities. What excites me about Layer 2 solutions is the opportunity to prioritize user experience from the outset. By considering what is lacking in current L1s and L2s, we can avoid those pitfalls. We're given a fresh start and ample time to craft something user-friendly that advances the protocol. At ENS Labs and within our wider community, there's ongoing research into various Layer 2 technologies, including discussions with Arbitrum or Optimism, and even the prospect of creating a dedicated ENS chain. Exciting! What are some other plans ENS has for the future? Naming anything/everything! We believe in humanizing the digital space, naming everything from wallet addresses to smart contracts. Not many know that ENS already has the capability to name smart contracts. This allows users to interact with contracts more transparently, knowing exactly what they engage with. Our vision extends to global adoption, making this intuitive naming system accessible worldwide and encouraging prominent organizations to integrate ENS names. We've already started making strides in this direction, such as our collaboration with the International Rescue Committee, facilitating crypto philanthropy with just a few clicks. This year, our focus is sharply on Layer 2 solutions. We're looking to collaborate with leading players from the traditional web and economic sectors, including businesses, governments, and more. Our goal is to simplify the internet for the future while prioritizing safety, security, and ease of use.

An Interview With Khori Whittaker: On ENS, Decentralized Identity & Socials, and the Next Billion

Ishan Pandey: Hi, TJ Kawamura. I am delighted to welcome you to our "Behind the Startup" series. Could you please provide insights into the inspiration behind Everyworld and how it aligns with Everyrealm's overall mission and vision? Everyrealm is, at its core, a social gaming company. There are some really interesting applications of social gaming and blockchain together. Cryptocurrencies have an awesome power to bring people together, rallying communities to collaborate toward common goals. We started to think about harnessing the positive aspects of blockchain technology, which bring communities together, and building a new product centered around an enormous and growing industry—video gaming—and serving a genuine business need by driving new customers to video games through a rewarded ads model, which is one of the fastest-growing ad verticals. What if the global content network of the future that rewards its users?  That’s the idea behind Everyworld. TJ Kawamura: Ishan Pandey: How does Everyworld's blockchain-enabled protocol differentiate itself from traditional advertising platforms, and what advantages does it offer to both users and advertisers? Everyworld is the world’s first web3 ad network that was designed specifically to benefit users and the public good equally. The project is a rewarded ads protocol, where players are rewarded for watching video content. The more that users play and engage, the more chances they receive to participate in the drawing. This represents a complete reimagining of the traditional advertising model, giving users the opportunity to earn crypto rewards for simple things they already do every day. Everyworld is powered by its own cryptocurrency, called $Every. TJ Kawamura: Ishan Pandey: With the rise of ad-blocking software and growing concerns over privacy, how does Everyworld address these challenges while still providing value to advertisers? TJ Kawamura:  By explicitly and transparently embracing the desire for personal gain through an on-chain reward system, Everyworld is designed to provide the gamified satisfaction of unpredictable payouts. For each Drawing, Everyworld will use an on-chain randomizer on Base to produce a provably fair and randomly selected winner, which can be verified leveraging blockchain technology. Ishan Pandey: Could you elaborate on your user acquisition strategy and provide insights into the level of engagement observed thus far? TJ Kawamura: More than 90,000 people are playing the beta version of the Everyworld game in Discord. Collectively they have watched more than 50 million videos and earned more than 1 billion points.  Users are rewarded for referring friends and sharing about Everyworld on social media. Ishan Pandey: Could you provide details on Everyrealm’s strategic partnerships with venture capital firms and explain the ways in which these collaborations bolster Everyrealm's growth and success? TJ Kawamura: Many Tier 1 venture capital firms who have invested in Everyrealm. Everyworld was developed by the Everyrealm team, which is backed by A16Z Crypto, Hashed, Coinbase Ventures, Animoca Brands,, Dragonfly, Foresight Ventures, NGC and others.  A complete list of investors is on the Everyworld website at everyworld.com Ishan Pandey: As Everyworld evolves, what new features or enhancements can users expect to see, and how do these developments align with the platform's goals? TJ Kawamura: A proprietary web and mobile app are in the works. The goal is to create an experience that resonates with a broad audience including one that is not inherently crypto-savvy by making a sleek UX and a familiar and fun experience that appeals to a young, tech-loving audience. Ishan Pandey: Looking ahead, what are the key milestones and goals that Everyrealm aims to achieve in the next few years, and how do you envision the future of social gaming and digital advertising evolving with platforms like Everyworld leading the way? TJ Kawamura:  We look forward to onboarding the first million users and expanding into new markets, and becoming a global cultural phenomenon.  Everyworld aims to become the first mainstream crypto project that attracts a significant non-crypto user base. Don’t forget to like and share the story! This author is an independent contributor publishing via our brand-as-author program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Vested Interest Disclosure:

Revolutionizing Digital Advertising: Inside Everyworld's Game-Changing Model

বিপ্লবী ডিজিটাল বিজ্ঞাপন: এভরিওয়ার্ল্ডের গেম-চেঞ্জিং মডেলের ভিতরে

Revolutionierung der digitalen Werbung: Einblicke in das bahnbrechende Modell von Everyworld

Revolucionando la publicidad digital: dentro del modelo revolucionario de todos los mundos

Révolutionner la publicité numérique : à l'intérieur du modèle révolutionnaire d'Everyworld

डिजिटल विज्ञापन में क्रांतिकारी बदलाव: हर दुनिया के गेम-चेंजिंग मॉडल के अंदर

デジタル広告に革命を起こす: Everyworld の革新的なモデルの内部

디지털 광고 혁명: Everyworld의 판도를 바꾸는 모델 내부

Revolucionando a publicidade digital: por dentro do modelo revolucionário de Everyworld

Революция в цифровой рекламе: внутри революционной модели Everyworld

Dijital Reklamcılıkta Devrim Yaratmak: Everyworld'ün Oyunun Kurallarını Değiştiren Modelinin İçinde

Cách mạng hóa quảng cáo kỹ thuật số: Bên trong mô hình thay đổi trò chơi của mọi thế giới

数字广告革命：深入了解每个世界的游戏规则改变模式

In case you didn’t know this, cryptocurrencies and most of their related technology weren’t created only to be digital payment platform. Nor to be any sort of investment or get-rich-quick scheme. The people behind them, the cypherpunks and crypto-anarchists, thought of them as a freedom tool for a looming digital future. On the other hand, the Anarcho-capitalism supporters could say this is the final piece to finish their puzzle. yet another (also known as “Ancap”) It is quite similar to , just that the latter is more focused on using privacy-enhancing technologies to protect personal data from governments and corporations. Anarcho-capitalism is a political and economic philosophy that advocates for the abolition of the state and the establishment of a purely voluntary society based on private property, free markets, and individual liberty. crypto-anarchism Key features of anarcho-capitalism include the privatization of all functions typically associated with government, including the provision of security, legal services, and infrastructure. Instead of relying on a monopolistic state to provide these services, anarcho-capitalists argue that competing private firms and voluntary associations would emerge to fulfill these roles more efficiently and effectively through market competition. Additionally, anarcho-capitalism emphasizes the importance of private property rights as foundational to a free society, asserting that individuals have the right to own and exchange property without interference or regulation from the state. If this is starting to sound like something cryptocurrencies do, well, yes. That’s why anarcho-capitalists could use cryptos and other decentralized technologies for their purposes. Crypto + Anarcho-capitalism In a modern society, the implementation of anarcho-capitalist principles would entail a radical transformation of existing political and economic structures. However, Distributed Ledger Technology ( ), cryptocurrencies, and other decentralized systems could facilitate the emergence of voluntary, decentralized forms of governance and dispute resolution. DLT These cryptographic tools hold the potential to facilitate a functional anarcho-capitalist society by providing decentralized mechanisms for governance, transactional transparency, and secure exchange of value. DLT ensures that transactions are recorded securely and transparently across a network of nodes, eliminating the need for a central entity to verify and authorize transactions. Imagine a community where individuals voluntarily engage in transactions and contracts without relying on a central authority —because they don’t need it. Cryptocurrencies, as a key part of such an ecosystem, would serve as mediums of exchange within this society. Unlike traditional fiat currencies, cryptocurrencies (when done right) are not controlled by any single entity or government, making them immune to manipulation and censorship. Individuals can freely store and exchange value with one another without intermediaries, fostering a truly free market environment. The only middleman is a computer code. Some concerns That’s the theory. Everything has its downsides, after all. In a world where only money would matter, preventing abuse against the weakest links on the chain would require some kind of authority and rules. It wouldn’t be a government, per se, but it would still be a company —a centralized party. Insurance firms or private defense agencies would be chosen by property owners to defend their rights. These entities would function competitively, assuming the roles of traditional state institutions like courts and law enforcement. Nevertheless, not everybody would likely be able to pay them to defend their rights. It’s also probable that a small number of these hypothetical insurance firms would grow much more than others, creating another kind of power concentration. They wouldn’t hold any right to censor, seize, or block properties because everything would be auto-custodial. Without government intervention, monopolies and authoritarian city-states , limiting competition, freedom, and innovation. Moreover, the nature of anarcho-capitalism could lead to difficulties in coordinating collective action and addressing societal challenges, such as environmental protection and social welfare. could form So, while anarcho-capitalism presents an enticing vision of a society based on voluntary interactions and individual freedom, it also raises significant concerns regarding power dynamics, justice, and the ability to address societal needs effectively. The application of DLT and cryptocurrencies can offer some benefits and solutions, but they may not fully mitigate these fundamental challenges. The Tale of Bitcoin Citadels A quite radical example of how anarcho-capitalism could end badly is in the tale of Bitcoin Citadels, in 2013 by the Redditor Luka Magnotta. published He pretends to be a time traveler from the future, trying to warn about the consequences of fully adopting Bitcoin to completely transform society into what seems to be an anarcho-capitalist system. In this future, Bitcoin's value has soared exponentially, leading to a society where wealth is concentrated among a privileged few, especially among big companies and authoritarian monarchies. The wealthiest individuals reside in Bitcoin Citadels —isolated gated cities protected by sophisticated security measures and automation, born out of the fortifications used to safeguard Bitcoin mining facilities. Governments have become obsolete as Bitcoin transactions evade taxation, and the global economy stagnates due to minimal incentive for investment. Terrorist movements emerge, targeting those with significant Bitcoin holdings, leading to societal breakdown and widespread suffering. Desperate measures, including global destruction by nuclear bombs, are considered. Of course, this is quite bleak, drastic, and unlikely. Back when this Redditor wrote the story, new solutions like smart contracts barely were in their infancy. Smart contract tools could ensure fair and transparent governance by automating contractual agreements without the need for intermediaries, reducing the potential for corruption and inequality. Additionally, decentralized governance models could empower communities to collectively address societal challenges, fostering collaboration and accountability without reliance on centralized authorities. Just as in the by Balaji Srinivasan. network states model No More Mining Maybe Luka Magnotta wasn’t exactly the best at telling the future, but the harsh criticism against Bitcoin mining could be justified. The more energy produced and taken (for mining), the more negative emissions sent to the atmosphere. It may not be a significant problem currently, but Bitcoin keeps growing. This could become a long-term sword of Damocles hanging over the world. It not only gives an inconvenient amount of power over the network to a , but it’s also an . few mining companies ecological issue Luckily, the development of different distributed ledgers hasn’t stopped. That’s how was born, trying to solve the initial downsides of Bitcoin and other crypto coins as well, including potential centralization and censorship that miners could apply, and environmental issues. Unlike Bitcoin, Obyte utilizes a consensus mechanism that doesn't require mining and doesn’t rely on any other powerful players like miners. This design significantly reduces the carbon footprint of the network, making it more environmentally friendly and sustainable, while offering a higher level of resistance against censorship and manipulation. Obyte The network's decentralized nature empowers users to transact freely and securely, fostering a peer-to-peer economy based on individual autonomy and voluntary cooperation. Additionally, Obyte's smart contract functionality enables the creation and execution of automated agreements, further enhancing individual autonomy and reducing the need for third-party intermediaries. Moreover, Obyte's smart contract capabilities could serve the advantages of anarcho-capitalism, offering a platform where individuals can engage in voluntary exchanges without reliance on centralized authorities. Besides, provides a mechanism for dispute resolution, providing a marketplace for inexpensive arbitration services. This platform allows users to resolve disputes fairly and impartially, ensuring that contractual agreements are upheld without the need for traditional government-run legal systems. We can say that Obyte offers a comprehensive solution that embraces the best parts of anarcho-capitalism and crypto-anarchism while promoting transparency and individual freedom within the network. Obyte's ArbStore Featured Vector Image by benzoix / Freepik

A Private Utopia: Anarcho-capitalism, DLT, and Cryptocurrencies

একটি ব্যক্তিগত ইউটোপিয়া: নৈরাজ্য-পুঁজিবাদ, ডিএলটি এবং ক্রিপ্টোকারেন্সি

Eine private Utopie: Anarchokapitalismus, DLT und Kryptowährungen

Una utopía privada: anarcocapitalismo, DLT y criptomonedas

Une utopie privée : anarcho-capitalisme, DLT et crypto-monnaies

एक निजी स्वप्नलोक: अराजकता-पूंजीवाद, डीएलटी, और क्रिप्टोकरेंसी

プライベートユートピア: 無政府資本主義、DLT、暗号通貨

사적인 유토피아: 무정부주의 자본주의, DLT, 암호화폐

Uma Utopia Privada: Anarcocapitalismo, DLT e Criptomoedas

Частная утопия: анархо-капитализм, ТРР и криптовалюты

Özel Bir Ütopya: Anarko-kapitalizm, DLT ve Kripto Para Birimleri

Một điều không tưởng riêng tư: Chủ nghĩa tư bản vô chính phủ, DLT và tiền điện tử

私人乌托邦：无政府资本主义、DLT 和加密货币

The following are the top of my RWA projects. I put the list together based on interesting facts surrounding them, whether they talk about partnerships, connections, or proof of time acquired by cooperating with corporations and governments. Also, I am focusing on new projects that still need to prove their true potential. This article will describe several RWA projects, but the main focus is on the first three. Also, I will provide detailed reasoning between the first two projects, and it’s only my own opinion. Also, all listed projects are solid and create strong and needed competitors to create a desired competition, without the essence of which the mentioned project would not grow. Thanks to this article, you can better understand the technology and interesting projects in this space as a springboard for your own research. [1] Maple Finance The first place goes to Maple (MPL). Beyond its appealing logo (a nod to my Toronto Maple Leafs fandom) and food-inspired name), what sets this project apart are two key advantages it holds over traditional banks. First, Maple enables global capital aggregation, leveraging the Ethereum blockchain's infrastructure. Secondly, it facilitates loans worldwide. By operating on this digital platform, Maple can efficiently pool capital, create loans, and manage repayments, offering a superior alternative to traditional banking. Notably, even large-scale withdrawals from Maple are processed within hours, a testament to its efficiency and scalability. Maple's strategic alliances further enhance its appeal. It collaborates with Circle, the entity behind the USDC stablecoin, and is in active discussions with Vaneck, a potential game-changer for the project. The only hurdle in Vaneck's direct interest is the green light from DeFi user regulators, a challenge that Maple needs to be well-positioned to overcome. All in all, Maple seems more tailored for bigger investors, and one should follow the money flow. To sum it up, Maple Finance is revolutionizing DeFi and institutional lending, and I'm here for it! Their innovative use of Ethereum for global capital aggregation and worldwide loans is something impressive. With strategic partnerships enhancing its allure and a keen eye on navigating regulatory waters, Maple is positioned to bridge traditional finance and blockchain. It's an exciting time to watch Maple cater to the needs of big investors and institutions, promising a seamless blend of RWA and DeFi. Chico Crypt also covered this project in his podcasts. Yup, they have written in their cards but don't worry, the competition is very strong :) [2] LTO Network The second place goes to the LTO Network, a new player in the RWA field. However, we must remember that it is the leading blockchain in Europe for business and corporate use. Their achievements and contributions to blockchains paved the way for successfully delivering the DeFi RWA bridge that connects real-world assets with DeFi liquidity. Their main advantage is their background in law; thus, they have a better chance to score big with DeFi regulators and find a way to do business with each country's legislation. The Dapps on LTO Network now offer a range of tools that solve broader issues such as identity, digital ownership, and privacy. Their latest solution for bridging real-world assets (RWA) on a chain is extremely cool. You can now tokenize everything in a so-called “ Ownable” and hold/trade and consume these in your wallet. Everything on LTO is also GDPR compliant, and they have another company founded by LTO Network CEO, , which solves the taxes and legislation for their business. Besides, their key partnerships, especially with Unizen, are crucial for improving RWA and DeFi integration, ensuring secure, transparent DeFi access for institutions. Also, the upcoming EQTY platform launch is highly anticipated and set to centralize RWA operations and enhance DeFi liquidity ties, marking a major leap in the RWA ecosystem's development. Other great things about this project are its unique tokenomics and history records, which put it on the map as a serious and verified-by-time project (since 2018). Also, it is good to remember its connections with Polygon, Chainlink, and Curve, which provide massive advantages in gathering needed liquidity and proper operability with other blockchains. To bring this home, here is the last thing I want to say: Centralization often hampers the integration of Real World Assets (RWA) into the blockchain, posing a risk to asset security. LTO Network fixes this with a decentralized system and Layer-1 infrastructure that includes a privacy layer, ensuring that asset value is recognized and protected. Based on information shared by LTO, their users will have access to investments such as: Firm24 bar of gold stake of Private Equity (PE) that invests in cryptocurrency stake of Venture Capital (VC) funds that invest in cryptocurrency LTO Network's strengths in the RWA space lie in its familiarity with the importance of regulations for blockchain and DeFi and its founders' past working experience with legal structures and taxes. The potential combination of DeFi and RWAs provides the best possible use case for crypto, where blockchain delivers a platform for crypto in traditional money and finance. Now that third place on my list is clear. I am pretty sure Florence Finance is a solid choice that just needs to prove itself after achieving Tier 1 and 2 CEX listings and a better position in the MC leaderboard; the description is just a little bit lower in this article. It is time to explain what led me to decide first and second place. Maple Finance may outperform LTO Network by offering more specialized financial instruments and lending solutions due to its focus on decentralized corporate debt markets. Its emphasis on institutional borrowers and undercollateralized loans could provide businesses with more tailored capital-raising and liquidity management options. Additionally, Maple Finance's expertise in DeFi lending and navigating financial regulations may offer advantages to users seeking specialized financial services on the blockchain. On the other hand, LTO Network's broad utility in enhancing business processes, coupled with its innovations in asset management and data privacy, positions it as a versatile and secure platform for organizations looking to leverage blockchain technology for a wide range of applications beyond the scope of DeFi lending and liquidity solutions offered by Maple Finance. Besides, LTO Network excels in bridging digital and traditional financial systems by facilitating tokenizing and managing real-world assets. This capability allows for the seamless integration of physical assets into the blockchain, providing users with innovative ways to manage and verify ownership - a significant advancement in asset liquidity and accessibility. If we add Rick Schmitz's background as a tax lawyer and well-established connection, we will have strong competition for Maple Finance if the cards are played right. Besides, both can have similar yet distinct areas of interest, thus attracting different sets of clientele. Now, I will go to project number three, the last-ranked project on my list. [3] Florence Finance Florence Finance (FF). Another new player in the field, and third place on my list, still needs to be added to tier 1 or 2 CEXes; thus, it provides a decent narrative for a run. Florence's founder is Chiel Ruiter, a former Managing Director at Goldman Sachs and UBS, who leads the project. Alongside him is Leo Greve, who brings extensive experience at ING Bank and Citigroup. While having team members with established careers and connections is beneficial, FF seeks to transcend the need for corporate affiliations. The project aims to democratize access to the RWA ecosystem for both large and small crypto investors, eliminating the reliance on institutional intermediaries. The platform's integration with the USDC, EURS & EURA stablecoins, issued by Circle, STASIS, and Angle Protocol, marks a significant step in its evolution. This integration enhances transparency and adds stability, leveraging Stasis & Angle's status as the widely used and successful Euro stablecoins in the DeFi space. The team's knowledge is good, and based on my research, Rick Schmitz, the LTO Network founder and industry leader in blockchain, was an advisor in the early days. FF is not just another project. It's an Arbitrum blockchain innovation that bridges Real-World Assets (RWA) and Decentralized Finance (DeFi). The platform opens doors to financial tools and markets, traditionally accessible only to those with substantial portfolios and connections. This unique approach piques curiosity and sets Florence apart. Florence's mission is clear: efficiently and transparently converting users' excess stablecoin balances into Euro-denominated, yield-generating loans for European SMEs. This vision fosters a collaborative platform between users and SME lenders, inspiring a new era of financial inclusivity. The protocol's design ensures that it never loans out more than the raised funds, operating without leverage or fractional reserves. While users may temporarily face liquidity constraints in converting FLR to stablecoins, the solidity of FF and the underlying loan portfolio remains unaffected and has over three years of onchain provenance without credit events. Clearpool First place out of my top three, yet I need to say the one with the most active marketing, measured based on the cardinality of created blog posts  and a Twitter presence. Clearpool has a special place in this article, mainly because it provides good competition for Maple, even though it focuses on different market aspects. Clearpool is known for its unique approach to uncollateralized lending pools, enabling individual and institutional liquidity providers to offer capital to borrowers directly. It emphasizes dynamic interest rates based on pool liquidity and borrower demand, whereas, on the other hand, Maple opts for structured corporate debt, allowing crypto-native companies and institutional borrowers to obtain undercollateralized loans. While their name, Clearpool, makes us think of the fun-filled movie Deadpool, Clearpool is "dead" serious about its approach, which is to connect various RWA stakeholders using permissionless marketplaces. Besides, it is pioneering the bridge between traditional finance and DeFi while maintaining compliance with regulations. Clearpool is a decentralized finance ecosystem incorporating the first-ever permissionless marketplace for unsecured institutional liquidity. Driven by market forces of supply and demand, Clearpool’s permissionless single-borrower pools enable institutions to raise short-term capital while providing DeFi lenders access to risk-adjusted returns based on interest rates derived by market consensus. A second, fully permissioned institutional-grade platform meets the compliance needs for wholesale borrowing and lending of digital assets by institutional market participants. This is a non-custodial, institutional-grade marketplace where you can connect to the largest global KYC and AML-compliant network for wholesale borrowing and lending of digital assets. Since Clearpool is permissionless, you can lend directly to whitelisted institutions and earn risk-adjusted returns without a lock-up period. The Clearpool Oracle network, composed of various institutions, votes on parameters determining permissionless pools' interest rates. The rest of the RWA I will list here lies on a similar level for me, yet they differ in a special gambit here and there. They all have proof of record, achievements under their belt, and already working products. Besides, mentioning some competitors and providing a complete picture is always good, so here it is: Aave Aave is the largest DeFi project currently on the market. It operates and governs the network through a decentralized autonomous organization (DAO), so its significance must be considered. Being a DAO means Aave has a governance token that allows people to vote and participate in network ecosystems. While their product is good, the Aave token as an investment provides another reason to give it a go when the RWA bulls are back in town. Aave is a decentralized finance application that allows people to lend and borrow cryptocurrencies to earn fees. It is also a Source Protocol to create Non-Custodial Liquidity Markets to earn interest on supplying and borrowing assets with variable or stablecoins. Aave offers peer-to-peer lending using crypto as a traded asset. It uses an algorithm to determine lending rates and match lenders to borrowers. Aave has an associated Aave token, an Ethereum-based token that powers the governance of its platform. Ondo Finance Ondo Finance has grabbed my attention due to the institutional grade RWA structure they have implemented. I can see their platform appealing to investors looking for something closer to the world of traditional finance. Ondo Finance (OF) provides access to RWA-backed pools for yield generated from real-world assets such as treasury bonds and other institutional-grade assets. OF is also a DeFi platform that offers structured investment products, combining fixed-income and variable-yield strategies within the cryptocurrency market. It aims to bridge traditional and decentralized finance by providing users with diversified investment options. Ondo allows investors to choose between stable, lower-risk returns and higher-risk, variable returns, catering to different risk appetites. This approach makes DeFi more accessible to a broader range of investors, particularly those seeking structured and diversified investment strategies in crypto. Goldfinch Finance Borrowing capacity and access to liquidity are major drawcards for RWAs, and Goldfinch is firmly exploring this area. Thus, I am including it on my list. Goldfinch is a decentralized finance protocol that extends credit to borrowers without requiring traditional crypto collateral (it eliminates the need for borrowers to over-collateralize their loans with on-chain assets). It allows investors to supply capital to borrower pools, which is then lent out. The project aims to expand access to capital, especially in emerging markets, by leveraging off-chain credit assessments to make loans. Goldfinch focuses on creating a more inclusive finance model by bridging DeFi and traditional credit markets. Borrowers (currently off-chain lending businesses) propose deal terms for credit lines (Borrower Pools) to the protocol. Goldfinch's community of Investors can then supply capital to these credit lines (Pools), either directly to individual Pools (as Backers) or indirectly by automatically allocating capital across the protocol (Liquidity Providers via the Senior Pool). These Borrower businesses use their credit lines to draw down stablecoins, specifically USDC, from their Pool. Borrowers then exchange the USDC for fiat currency and deploy it on the ground to end-borrowers in their local markets. Thus, the protocol provides the utility of crypto—specifically, its global access to capital—while leaving the actual end-borrower loan origination and servicing to the businesses best equipped to handle that in their communities. The end

Unlocking 2024/25: The Ultimate Guide to Top RWA Crypto Projects

2024/25 আনলক করা: শীর্ষ RWA ক্রিপ্টো প্রকল্পের চূড়ান্ত নির্দেশিকা

2024/25 freischalten: Der ultimative Leitfaden für die besten RWA-Kryptoprojekte

Desbloqueo 2024/25: la guía definitiva para los principales proyectos criptográficos de RWA

Déverrouillage 2024/25 : le guide ultime des meilleurs projets de cryptographie RWA

अनलॉकिंग 2024/25: शीर्ष आरडब्ल्यूए क्रिप्टो परियोजनाओं के लिए अंतिम गाइड

2024/25 年のロック解除: トップ RWA 暗号プロジェクトへの究極ガイド

2024/25 잠금 해제: 최고의 RWA 암호화폐 프로젝트에 대한 궁극적인 가이드

Desbloqueando 2024/25: o guia definitivo para os principais projetos de criptografia RWA

Разблокировка 2024/25: полное руководство по лучшим криптопроектам RWA

2024/25'in Kilidini Açma: En İyi RWA Kripto Projelerine İlişkin Temel Kılavuz

Mở khóa 25/2024: Hướng dẫn cơ bản về các dự án tiền điện tử RWA hàng đầu

解锁 2024/25：顶级 RWA 加密项目终极指南

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