Just like for the rest of the world, 2020 was a challenging year that often made the Chromia team think outside the box, adapt to new realities, and look for more opportunities. Here's what we've been up to. DeFiWe have explored new industries and found ourselves in the middle of an exciting journey with DeFi being one of our most anticipated discoveries. In 2020, Chromia incubated Hedget, a decentralized options…
4 posts tagged DeFi
How can relational blockchain disrupt the gaming industry?
The gaming scene tends to appeal to people with more technological savvy than the general population, which makes it well suited to adopt new technologies relatively early. Gamers have also been comfortable with digital in-game currencies for years, so cryptocurrencies may represent a natural evolution of an existing concept for them. Multiplayer systems, payment structures and game assets could all soon take advantage of blockchain’s capabilities of immutability and…
Decentralized Finance (DeFi) Introduction
DeFi has become a trending topic in the blockchain community. In contrast to the decentralization of money through Bitcoin, DeFi aims for a broader approach of generally decentralizing the traditional financial industry. The core of the initiative is to open traditional financial services to everyone and to provide a permissionless financial service ecosystem based on blockchain infrastructure. This has been enabled by decentralized technologies that have emerged in recent years.…
Chromia Incubates DeFi project Hedget Decentralized Protocol for Options Trading
The Chromia team is proud to announce the launch of the Hedget project, a new and critical layer towards scaling the global DeFi ecosystem. Hedget believes that option products are a necessary building block for the decentralized finance sector to grow and mature. The Hedget Foundation will issue the HGET token as the native token for both governance and utility purposes. Hedget is a decentralised protocol for options trading. Through…