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Oct 8, 2021 3 min

5 Things Blockchain You Need to Know

from Blockchain Brief Hosted by Sani Abdul-Jabbar

Four Use Cases Of Blockchain For Businesses To Consider FORBES * Blockchain will revolutionize business in the future, allowing for greater transparency and accountability across industries. * Blockchain can benefit governments and businesses with increased security, more efficient operations, and reduce human error in business. * NFTs can be used to tokenize items for them to be accessible, tradable, fungible, verifiable, and persistent. continue reading! Texas Poised To Be A World Leader In Blockchain FORBES * Texas has seen the upside of China's decision to cancel bitcoin mining, and is preparing for a large blockchain summit. * Texas is a hub for blockchain innovation and the government is taking legislative action to open up more opportunities. * The state of Texas has appointed a new group to explore the use and implications of blockchain technology. continue reading! Why Institutional Investors Cannot Afford to Ignore DeFi NASDAQ * The rise of increasing returns in the cryptocurrency market has piqued the attention of institutional investors, providing a new opportunity for DeFi or Decentralized Finance. * DeFi adds another layer of financial opportunity with distinct services that are not available in traditional finance. * Many institutional investors, e.g. TCM Capital, intend to invest in cryptocurrency assets within the next year. continue reading! The Fractionalization of Everything VOX * Bret Raybould is a comedian and also a publicly traded security on Uniswap, a decentralized crypto platform that operates on the Ethereum blockchain. * The comedian is part of a movement that is revolutionizing how individuals invest money. With cutting-edge technologies like blockchain and cryptocurrencies, fractionalized investments are becoming increasingly popular in the world of investing. * The SEC has yet to set specific rules for fractionalized assets, but it is starting to ask what constitutes a security. continue reading! Are NFTs the Newest Wave in Political Fundraising? NEWSWEEK * Non-Fungible Tokens can be used to raise money and microtarget potential voters. NFTs are already being utilized in Israel and California for political campaigns. * The use of NFTs for fundraising is a method that allows individuals to "gamble" and feel like they're making a difference while spending little money. * Donations to a candidate or party are not meant to be rewarded. However, collecting funds through NFTs may have future worth. continue reading! This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit veztek.substack.com

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This episode was published on October 8, 2021.

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