DECENTRALIZATION
The separation of powers and duties originally attributed to a central power or entity to a network or group of entities. In terms of blockchain technology, decentralization often results in the removal of the third party intermediary of transactions, such as banks and government bodies, and allows individual transaction participants to deal directly with each other with the help of individual independent validators who are part of the network of users.
Exclusive: Arbitrage - the Key Business Opportunity Brought by Blockchain
Following the latest update of Paxful, Ray took a step back and shared to us his inspiration to set up Paxful and what he learnt from 11 failed startups! He then identified arbitrage as the key business opportunities by blockchain and instead of decentralization, peer to peer should be the core value preposition of Bitcoin!
How to Leverage FinTech Opportunities in Africa
Insights from Paxful on FinTech opportunities in Africa!