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Banking without Banks: Decentralized Finance is Coming

Azeem Azhar's Exponential View

CHAPTER

Ethereum Block Chain - What Are We Really Talking About?

When we talk about a block chain, what are we really talking about? I think we're talking the difference between a paper guarantee, or what i call a brand based agreement, and a cryptographic guarantee. And this is really the big shift and understanding that i think is gradually happening now, and will happen more rapidly as the the existing systems kind of don't deliver what people expect to the brand base.

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