Decentralized Finance is a blockchain-based form of finance that does not rely on central financial intermediaries.
There is a massive learning curve when it comes to deciphering the relevance of words or expressions vis-à-vis of both the technical implications and their financial ramifications.
A digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority.
A Central Bank Digital Currency is a centralized digital form of a nation’s fiat currency using blockchain-based token.
Non-Fungible Tokens or NFTs are cryptographic assets on blockchain; unlike cryptocurrencies, they cannot be traded or exchanged at equivalency.
The earliest cryptocurrency bitcoin is created, distributed, traded, and stored with the use of a decentralized ledger system, known as a blockchain.
The term is said to stand for “alternative to Bitcoin” and is used describe any cryptocurrency that is not a Bitcoin such as Ethereum, Ripple, Doge, etc.
A stablecoin is a new class of cryptocurrencies that attempts to offer price stability and can be pegged to a currency, commodities, or fiat money.
A system in which a record of transactions made in bitcoin or another cryptocurrency are maintained across several computers that are linked in a peer-to-peer network.
Traceable, transparent, and irreversible self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code.
The monetary policy tool used by a central bank to influence the supply of money in the economy to expand and artificially stimulate economic activity.
When considering transitioning to digital and crypto assets; there plenty of questions that need to be asked in order for a compelling answer specific to a company’s unique situation to be given.
why invest directly in Bitcoin instead of a Bitcoin-focused ETF or hedge fund?
of digital assets that can convince your company to move from fiat or gold?
between the various digital and crypto assets and their most common uses?
the value, volatility, and sustainability of digital assets?
when it comes to the securing, building confidence, and insuring digital assets?
to purchase, exchange, store, and manage digital assets?
associated with investing and transitioning into digital assets?
reflect your company moving part or all of the treasury to digital assets?
implications and opportunities with CRA when you transition into digital assets?