Lucien Loiseau
PhD in Computer Science
currently CTO @ Nodle (world's first incentivized crowdsource IoT network)
Focus on Decentralized Network and Security
Passionate about Blockchain
Not a BuzzWord
Not a BuzzWord
2. The Ethereum Blockchain
Ethereum is a public Blockchain. Its main interface is Etherscan.
Smart Contracts are self-executed contracts that enables end-to-end transactions, removing the need of many third parties such as brokers, escrow, lawyers or courts. (code is law!)
All is needed to interact with Ethereum is a wallet
3. Initial Coin Offering (ICOs) : Access Tokens
- An ICO is a DeFi instrument for CrowdFunding: A certain amount of token is issued and sold in exchange of cryptocurrency
3. Initial Coin Offering (ICOs) : Access Tokens
- An ICO is a DeFi instrument for CrowdFunding: A certain amount of token is issued and sold in exchange of cryptocurrency
3. Initial Coin Offering (ICOs) : Access Tokens
An ICO is a DeFi instrument for CrowdFunding: A certain amount of token is issued and sold in exchange of cryptocurrency
Buyers invest in a token often with the expectation of it being a future functional unit of currency (speculative investment)
3. Initial Coin Offering (ICOs) : Access Tokens
An ICO is a DeFi instrument for CrowdFunding: A certain amount of token is issued and sold in exchange of cryptocurrency
Buyers invest in a token often with the expectation of it being a future functional unit of currency (speculative investment)
3. Initial Coin Offering (ICOs)
source: https://icobench.com/
4. MakerDAO and the Dai token
- The MakerDAO is a plateform that lets users take out a loan in Dai
- Dai supply is collaterized by other valuable crypto assets
- Trustless! Minting and Burning purely based on Smart-Contracts Interactions
- The Dai token is a StableCoin softly-pegged to USD (1 DAI = 1 USD)
5. Decentralized Exchanges and P2P markets
5. Decentralized Exchanges and P2P markets
5. Decentralized Exchanges and P2P markets
- ~2B$ to 3B$ liquidity provided
- Daily Trading Volume peaked ~ 1B$ (overtaking CoinBase), current
- Only 10 employees (coinbase 1000 employees)
1 Billion UNI token distributed to over 50 000 addresses.
6. Lending / Borrowing
6. Lending / Borrowing
6. Conclusion
| Traditional Finance | Decentralized Finance |
|---|---|
| Lack of unified digital identity Registration over and over |
Cryptographic Identities Non-Custodial services |
6. Conclusion
| Traditional Finance | Decentralized Finance |
|---|---|
| Lack of unified digital identity Registration over and over |
Cryptographic Identities Non-Custodial services |
| Opaque and vulnerable data | Transparent, Non-repudiable |
6. Conclusion
| Traditional Finance | Decentralized Finance |
|---|---|
| Lack of unified digital identity Registration over and over |
Cryptographic Identities Non-Custodial services |
| Opaque and Vulnerable data | Transparent, Non-repudiable |
| APIs are Closed or Non-standard | APIs are Open, Permissionless, Composable (Money LEGOs) |
