Business blogs

DeFi (Credit: Marketfeed) Decentralized Finance, aka DeFi, is an emerging peer-to-peer technology that runs on Ethereum and other Blockchain technologies. Thus, it processes financial transactions after eliminating the third parties and paperwork. Moreover, you can have interest, insurance, debt, assets, and more as offered by a typical bank. In short, DeFi works for digital money or cryptocurrency. Working Of DeFi DeFi runs through dapps (Decentralized Apps) that run on Ethereum Blockchain . You do not open an account or fill out an application form. Thus, Blockchain technology records verified transactions. One block is created to record the transaction, which gets closed and encrypted, whereas a new block gets created and stores information about the previous new block. Thus, it is called ‘Blockchain.’ The disadvantage is we cannot change any block because it affects other blocks. However, the developers must have used the technology due to its advantages. Fraudsters cannot c...

Conor Anthony McGregor (Credit:  AP Photo/John Locher, Brian Lawless/PA) Conor Anthony McGregor is a 35-year-old UFC champion, professional boxer, and mixed martial artist. Conor McGregor Broke the Silence On Joining WWE, which answered his fans to some extent. People know him as ‘The Notorious’ UFC fighter due to his trash talk and several controversies. His net worth is over $200 million, and people suppose he earned every penny by boxing in the ring. Conor McGregor Broke the Silence On Joining WWE Conor openly confessed to being interested in WWE and fighting against Roman Reigns and called a match, though the matter was not taken further. Conor had been in a heated argument with the WWE star’s Special Counsel, Paul Heyman. Thus, his fans have been waiting for his decision regarding his entry into WWE. Finally, Conor McGregor Broke the Silence On Joining WWE. He mentioned the possibility of doing so to a representative from the YouTube Channel...

Elon Musk And Sam Altman (Credit: Getty Images for Vanity Fair) OpenAI claims to develop safe, beneficial, and economically valuable AI. Elon Musk is one of the initial board members of OpenAI, while Sam Altman is the co-founder and CEO. Both expressed concern over AI overpowering humans, which might cause an ‘intelligence explosion.’ Thus, the company wants to help people through AI rather than posing a threat to mankind. Elon Musk’s Lawsuit Last month, Musk sued OpenAI and its CEO, Sam Altman, for allegedly breaching the company’s founding statement of freely collaborating with institutions and researchers and being open to the public. The company dealt with Microsoft, one of the investors, who would help it get a profit of $13 billion. Now, Musk wants OpenAI to give Microsoft its money back. Thus, according to Musk, OpenAI became a profit maximization company. He believe...