Why does the Self-Sovereign Identity provide a guarantee of decentralization for DeFi? (2)
The SSI entry into collateral elimination at DeFi Since collateral removal (or at least collateral reduction) mechanisms rely on building a reliable lending history, Self-Sovereign Identity plays a relevant role in this task, as this requires a higher form of trust in the borrower. Financial transactions in decentralized finance are made possible by sending tokens from one address […]
Why does the Self-Sovereign Identity provide a guarantee of decentralization for DeFi? (1)
In this article, we are going to introduce how Self-Sovereign Identity technology can help DeFi. Introduction to DeFI and its system As many of us already know, Decentralized Finance (DeFi) is based on blockchains that support smart contracts. In this sense, Ethereum the largest ecosystem so far.To get into the topic we want to explain […]
Self-Sovereign Identity sounds nice… but how will it affect my life?
If you landed on this article, there is a good chance that you’ve already heard of Self-Sovereign Identity (SSI). And it all sound very nice, but how will it really affect everyday people’s lives? Will I have to understand very complex terminology in order to benefit from this paradigm change? In this article, I will […]
Digital Identity: The big next thing coming to Crypto & Web3
Due to the fairly recent announcement by Vitalik Buterin about SBTs or Soulbound Tokens, we believe it is important to take some time to understand this project, its goals, strengths and weaknesses. It is important to understand what are the major differences with Verifiable Credentials (one of the main players within the Self-Sovereign Identity system). […]
SSI and NFTs in the gaming industry
Self-Sovereign Identity, or SSI, offers new possibilities in the field of data ownership and security linked to decentralized technologies. Many of the best-known cases of SSI implementation refer to sectors such as: government, health, education, logistics, transportation, tourism, etc. But how would Self-Sovereign Identity be implemented in a sector such as gaming? As many know, […]
Ethereum: The Merge is coming
All of us who enjoy ETHLatam in Buenos Aires, and form part of the Ethereum ecosystem, know that an important topic that is being talked about a lot these days is the impending Ethereum Merge (check out what Skylar -member of the Ethereum Foundation- said at ETHLatam in Buenos Aires: video). “The Merge is coming. This […]
An introduction to Smart Contracts
What are Smart Contracts? Smart contracts are, simply put, programs stored on a blockchain that are executed upon the fulfillment of certain conditions (which we’ll talk about later). But what are they used for? A smart contract is an agreement between two or more persons, parties, or entities in the form of computer code programmed […]
Internet of Things: All About this Technology
The good, he bad and the ugly about this technology With technology in a constant state of advancement and acceleration, you wouldn’t imagine that the only devices that can connect to the internet are our computers or cell phones, would you? What does IoT mean? Well, in a world as interconnected as ours, this technological […]
DID Components and benefits guide
We have already talked about the concept of Decentralized Identity in other articles. But it is important to understand the components that give structure to the process that gives rise to it. That is why in this article we are going to explain what are the elements and characteristics of a DID (Decentralized Identifier). What Is a Decentralized Identifier (DID)? […]
Scalability and Layer 2
There are currently numerous Blockchains with their advantages and disadvantages: some are more decentralized but expensive, others have a lower cost but a higher level of centralization. Each of them has a native token that allows to pay for the different transactions that are made and whose standard for issuing tokens determines that they can only be used […]