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It's been a while since we last heard about Neuralink, the company Elon Musk founded in 2016 to develop "ultra-high bandwidth brain-machine interfaces." The startup has developed flexible threads, thinner than a human hair, which can be injected into the brain to detect neuron activity. Now, they are about to announce a very practical application streaming music straight into our brain...
The financial and banking industry is highly consolidated. For instance, in 2015, following the Great Recession, the five largest financial institutions in America controlled more than 45% of the industry’s total assets. Today, we all require approval for everything- from securing mortgage loans to carrying out daily transactions.
With DeFi, people will have full access to financial services and total control of their financial assets. Besides, since most of the code used by these DApps are in Ethereum smart contracts, they can be accessed by anyone who knows how to read and write.
Banks are controlled by a centralized governing establishment, while DeFi applications operate on smart contracts, which ensure that these DApps operate without third parties. Since dapps are built on public blockchains, their codes are transparent, and anyone can access them. On the other hand, the traditional banking system is totally opaque.
https://blockbasis.com/en/blog/cefi-vs-defi-vs-difi/
Hybrid decentralisation is combining the best of best worlds within centralisation and decentralisation. It's basically allowing users to hold their own private keys, but without the need to store all their assets.
Just like the iPhone turned phones into smartphones and Apple Watch is turning our watches into smartwatches, will the leaked Apple Glass turn our glasses smartglasses?
Apple Glass: https://wiredelta.com/introducing-apple-glass/
Google Glass: https://wiredelta.com/google-glass-is-back/
Apple’s Next Big Thing: AR Glasses: https://www.youtube.com/watch?v=ilzOWzH-wHo
Decentralisation is here, there and everywhere!
An Ethereum Wallet Will Let You Easily Host Your Decentralized Website: https://cointelegraph.com/news/an-ethereum-wallet-will-let-you-easily-host-your-decentralized-website
Decentralized Apps vs Web Apps: https://wiredelta.com/decentralized-apps-vs-web-apps/
The spatial web is upon us! Building spatial experiences are becoming a reality on today's web, and we wanted to elaborate just how we start seeing these developments go from garage to mainstream.
Sources:
https://wiredelta.com/how-the-spatial-web-is-defining-web-3-0/
https://wiredelta.com/book/
After Internet of Bodies (IoB) available on https://youtu.be/1f4yYSpqo_Y, a discussion came up on how Internet of Things (IoT) starts to work as extended limbs - our extended body - and how Artificial Intelligence (AI) starts to work as our extended brian!
Financial debt and technical debt have one thing in common, they are a problem that can turn catastrophic if not dealt with in time!
Video: https://www.youtube.com/watch?v=UoPJOFo2zNo
Sources:
https://wiredelta.com/technical-debt-vs-financial-debt/
https://wiredelta.com/10-reasons-to-move-away-from-legacy-systems/
AI (Artificial Intelligence) plays a bigger and bigger part in our daily lives. But what are they actually better at than us humans?
Sources:
https://wiredelta.com/5-things-ai-does-better-than-humans-in-2020/
You have heard about Internet of Things (IoT), and if not, you should really pick up the book Software is Feeding the World. Now, Internet of Bodies (IoB) is upon us!
Link to vlog: https://youtu.be/1f4yYSpqo_Y
From the publisher's feed