42 minutes | May 30th 2020

72-Benefits of Decentralized Finance on Blockchain Platform with Jason Wu

Emerging technologies (blockchain, AI, IoT) helping the Governments to tackle the Covid-19 outbreak ranging from helping track the epidemic, clean hospitals, deliver supplies, and develop vaccines. Another way to look is during the COVID-19 pandemic, and technologies are playing a decisive role in keeping our world running wherever we all are lockdowns and quarantines. The patterns emerging from this situation by the use of these technologies will have a long-lasting impact beyond COVID-19.

Technological innovation has continuously increased efficiency, lowered costs, and created new opportunities for businesses to meet customer, consumer, and citizen demands with digitization and transformation. Blockchain is at the forefront to provide alternatives to fight Covid-19 by offering organizations an opportunity to utilize blockchain technologies to achieve and provide services in these unpredicted times.

World Economic Forum has published toolkit with supply chain focus “Redesigning Trust: Blockchain Deployment Toolkit.” The toolkit is prepared for individuals and organizations to follow the set of processes to develop and deploy a Blockchain-based solution. The kit covers the necessary tools, resources, and guidelines for organizations who are initiating blockchain projects.

Some of the earlier post on blockchain technologies on OTechTalks if you are new to the Blockchain, you can head over to Introduction to Blockchain Technology, and When Not to Use Blockchain, Blockchain is a Solution for Every Business Problem, 11 things that lead to Blockchain initiatives failure and Oracle Autonomous Blockchain Cloud Service

Today our guest speaker will be talking on the DeFi, or decentralized finance, DeFiner to effortlessly lend, borrow, and earn digital assets, a platform based on Blockchain with the ambition to disrupt the traditional financial system by offering a platform on public Blockchain which is Ethereum, open-source platform for decentralized applications.

Today we have our guest speaker & special thanks to Jason Wu for joining me this week. Until next time!

Today’s Guest Jason Wu, Founder & CEO, DeFiner Inc.

How the journey so far, starting in the first quarter of 2018 when there was no industry at all on decentralized finance and how it is growing by tenfold? Learn strategies from the owner of a startup, how he overcomes the blockchain challenges to build a platform for trust.

You’ll Learn: Learn from the fonder for advice if you are a fresh graduate and you want to embark on a journey of solving business problems.

Coming from a non-technical background and building a platform on the blockchain technology to offer a decentralized finance solution. You will hear the process outlined, from writing the white-paper to start coding the MVP and what are the major challenge they have faced after launching the product.

Speaker has shared his experience on how smart contracts are changing the fin-tech industry and helping them to build a financial trust system.

Resources: Thanks for Listening!

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The post 72-Benefits of Decentralized Finance on Blockchain Platform with Jason Wu appeared first on Open Tech Talks - Technology worth Talking.