The Banks on Chain Era
Key Insights I. History of Money — Coins and Paper Money The story of money begins with the need for a more practical exchange system between people. So, around 600 BC in ancient Greece, the first ‘coins’ were made. These coins were durable, portable, and easily divisible, which solved many issues back then. However, transporting large quantities […]
Introducing Onchain Money
The first Onchain Money Tokenised Deposit System that mirrors fiat currencies between banks and on-chain. The blockchain industry has seen its fair share of innovation, and stablecoins have been a big part of that story. But with their fluctuations and sometimes uncertain backing, is there a better way to bridge the gap between TradFI and […]
NFTs 101
A brief introduction of the Non-Fungible-Tokens Non-Fungible-Tokens (NFTs) have emerged as a captivating phenomenon in the last 2 years. They represent a new way of ownership in web3, but to understand their significance, let’s begin with the basics. What is an NFT? NFT stands for Non-Fungible Token. “Fungible” means interchangeable, like one dollar bill for […]
Risk Management 101
From known threats to unforeseen pitfalls Cryptocurrencies have captivated many people with their potential reward opportunities. However, their relatively young age in the market, means they come with inherent risks. Some of these risks are known, some can be anticipated, and others are unforeseen. Donald Rumsfeld’s Framework A useful tool to categorise these risks is […]
Crypto Security 101
10 Steps to Stay Safe in Web3 Cryptocurrencies and the broader realm of Web3, have increasingly been the subject of interest and controversial discussion. But it comes with its share of dangers. At ReDeFi, we suggest understanding the fundamentals first. One of the main barriers for newcomers is a need for foundational knowledge of security. […]
A-Z of Blockchain
The Only Guide You Will Ever Need Letter A Address: A unique sequence of numbers and letters used to receive, store, or send cryptocurrency. It’s similar to a bank account number. Altcoin: Any cryptocurrency other than Bitcoin. Derived from “alternative” and “coin,” it represents various blockchain projects and tokens. ASIC (Application Specific Integrated Circuit): Specialised […]
