What we’re about
DeFi (decentralised finance) draws inspiration from blockchain the technology behind the digital currency bitcoin which allows several entities to hold a copy of a history of transactions, meaning it isn’t controlled by a single, central source. That’s important because centralized systems and human gatekeepers can limit the speed and sophistication of transactions while offering users less direct control over their money. DeFi is distinct because it expands the use of blockchain from simple value transfer to more complex financial use cases.
Bitcoin and many other digital-native assets stand out from legacy digital payment methods, such as those run by Visa and PayPal, in that they remove all middlemen from transactions. When you pay with a credit card for coffee at a cafe, a financial institution sits between you and the business, with control over the transaction, retaining the authority to stop or pause it and record it in its private ledger. With bitcoin, those institutions are cut out of the picture.
Direct purchases aren’t the only type of transaction or contract overseen by big companies; financial applications such as loans, insurance, crowdfunding, derivatives, betting and more are also in their control. Cutting out middlemen from all kinds of transactions is one of the primary advantages of DeFi.
Before it was commonly known as decentralized finance, the idea of DeFi was often called “open finance.”
Our Blockchain Sydney Telegram Messenger group chat:
( www.t.me/blockchainsydney )
Upcoming events (1)
See all- DeFi Sydney in Partnership with Blockchain Sydney Presents SolanaHotel Harry, Surry Hills, NS
DeFi Sydney in Partnership with Blockchain Sydney Presents this exclusive Solana event. Don't Miss Out. Please RSVP Here
https://www.meetup.com/blockchain-sydney/events/297277646
🌐 AGENDA:
Hosted by Salim, Johnny & Rob, we're excited to welcome you to the Sydney Meetup in partnership with Blockchain Sydney
Come network, socialise, connect and enjoy some fine food and quality beverages.🌐 EVENT DETAILS:
Short talks by industry experts and Q&A between the audience and the speakers.🌐 WHAT YOU CAN EXPECT:
Talks: Gain insights into the world of Solana and hear from Rick from Decaf
Networking Opportunities: Connect with like-minded enthusiasts, developers, and innovators. This is your golden chance to expand your network within the Solana community.
Exclusive Giveaways: Don't miss out on our exclusive Solana Community Australia POAP and swag
Food and Drinks: Enjoy a relaxed evening with beers, wine, and tapas, all on the house!🌐 EVENT SPONSORS:
★ Solana Australia Community
★ Decaf
★ Stables🌐 SOCIAL MEDIA:
Stay updated and join the conversation! Follow @SolanaAustralia on Twitter and use the hashtag #SolanaAustralia. We'd love to see your event photos and hear about your experiences!
To stay up to date with the latest Solana community updates in Australia be sure to join their Telegram and follow their Twitter!🌐 EVENT LOCATION:
Hotel Harry: 40-44 Wentworth Avenue, Surry Hills
We'll be upstairs on Level 1. RSVP is required as seating is limited.🌐 OUR GROUP CHAT:
Feel free to join our Telegram Messenger 'Blockchain Sydney' group chat.
( https://t.me/blockchainsydney )🌐 OUR SISTER GROUP:
★ Blockchain Sydney
( https://www.meetup.com/Blockchain-Sydney )🌐 DISCLAIMER:
By joining this event group you agree that you have read and understand the below statements:
This meetup group does not provide any liability or insurance for the protection of individuals who may participate in any of the events planned by the Organiser, Co-Organiser, Assistant Organiser or Event Hosts. We are not a financial advisor; please do your own due diligence to learn about all the risks and rewards of crypto related currencies.Not open
