The Intelligent Insurer #78: Decentralized storage powers Web3 but flaws hinder mainstream adoption The Web3 promise of enabling users to have complete control over their data is currently driving massive interest in the industry. However, existing data storage solutions are concentrated in the hands of a few big tech companies, creating centralized ownership of data. …

The Intelligent Insurer #76: Lending crisis reinforces the need for insurance Despite the ongoing turmoil in crypto markets, several industry experts believe this is the time to buy, build, and innovate as crypto could come out stronger. The DeFi lending crisis highlighted areas for improvement within the industry. Addressing these concerns will accelerate the digital asset industry’s growth. The latest Intelligent…

The Intelligent Insurer #75: Increased interoperability encourages adoption but brings new risks As the blockchain industry matures and more protocols emerge, there is an increasing need for these protocols to interact seamlessly. Although not fully evolved, several projects are tackling the blockchain interoperability issue as the industry pushes for mainstream adoption. …

The Intelligent Insurer 72: Will accessibility and transparency trigger the next NFT boom? Over the past two years, non-fungible tokens (NFTs) have made several headlines. Their meteoric rise to fame has attracted numerous investors, both retail and institutional. While the NFT rally appears to be leveling off in 2022, improvements in accessibility and transparency could spark the next NFT boom. In the latest…

The Intelligent Insurer #71: The Bitcoin Lightning Network is improving scalability Despite being the first iteration of modern-day blockchain networks and cryptocurrencies, Bitcoin’s popularity has not shielded it from the effects of the Blockchain Trilemma. The influx of new, scalable blockchain networks has highlighted one of the biggest flaws of the Bitcoin network — its scalability. …

The Intelligent Insurer #69: DeFi lending offers an attractive passive income stream, but at what cost? The DeFi lending market is gradually occupying a significant portion of the global financial lending space. This is thanks to the ease of accessing capital and the trustless manner of operation. Lending and borrowing are currently an integral part of the DeFi sector. While it offers an improvement compared to…

The Intelligent Insurer #66: DeFi privacy is one of the biggest opportunities for projects to capitalize on The digital asset industry is teeming with innovations. Whether this is through new decentralized applications (dApps) or use cases for existing projects, the blockchain space is expanding at a breakneck pace. The decentralized and public nature of the blockchain is ironically one of the hindrances to mainstream adoption. …

The Intelligent Insurer #65: Some analysts believe the technology is to blame 2022 has been a tumultuous year for digital asset investors so far. With the crypto market still bleeding, DeFi investors are bemoaning losses as the market’s total value plummets. Over the past week, the DeFi space lost over $24 billion worth of digital assets as market sentiments took a downturn. …

The Intelligent Insurer #64: Fragmented liquidity poses a major problem to DeFi growth The DeFi industry has gone from under $1 billion in total value locked (TVL) to over $200 billion TVL in barely two years. With several next-gen protocols pushing the DeFi 2.0 dream, the industry is still battling with issues limiting its growth. …