Spark for Financial

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Spark For Financial Solutions was established with an aim to focus on financial services and provide our clients with exceptional financial experience through professionally trained and knowledgeable industry experts.

Solving the problem of decentralized reputation is the most important step toward fully decentralized marketplaces.At th...
06/05/2022

Solving the problem of decentralized reputation is the most important step toward fully decentralized marketplaces.

At this point, protocols will finally outperform platforms in terms of cost efficiency and transaction costs. Which ultimately boils down to the cost of establishing trust.

Everything is connected
25/04/2022

Everything is connected

Crypto at its core.
31/03/2022

Crypto at its core.

Fiat: short-term exchange rate stability at the expense of long-term inflationBitcoin: short-term volatility due to long...
29/03/2022

Fiat: short-term exchange rate stability at the expense of long-term inflation

Bitcoin: short-term volatility due to long-term growth in purchasing power

DAO has 3 levels of innovation:1) Collective decision-making: governance, proposals, voting2) Human coordination: groups...
27/03/2022

DAO has 3 levels of innovation:

1) Collective decision-making: governance, proposals, voting

2) Human coordination: groups/guilds, identity/reputation

3) Finance: instant liquidity, programmable compensation, DAO2DAO smart contracts, etc.

Nation states (nation-states) turn into network states (network states).Computers and the Internet have made it possible...
22/03/2022

Nation states (nation-states) turn into network states (network states).

Computers and the Internet have made it possible for three nerds in a dorm to create multi-billion dollar corporations.

Satoshi and Vitalik made it possible for three nerds in a hostel to create multi-billion dollar digital states. With a programmable decentralized economy and control system, physically distributed, existing in the most invulnerable domain - information.

Open source means each problem only has to be solved once.
25/02/2022

Open source means each problem only has to be solved once.

Crypto, short-term: make finance, music, games, orgs, social better, faster, cheaper.Long-term: replace institutions run...
19/02/2022

Crypto, short-term: make finance, music, games, orgs, social better, faster, cheaper.

Long-term: replace institutions run by humans with the ones run by algorithms.

Web3: - customer at the center- less switching costs- no lock-in- data stored with user, not application- decentralized ...
09/02/2022

Web3:
- customer at the center
- less switching costs
- no lock-in
- data stored with user, not application
- decentralized identity
- protocols over platforms
- multiple frontends for the same data
- token engineering as business model
- Internet-native orgs

Web2:
- owned by profit- / rent- seeking orgs
- user data belongs to corporations
- over-regulated by clueless politicians
- platforms seek to lock-in users
- business models are not aligned with users, creators
- closed-source apps and orgs

       -chain
01/02/2022

-chain

ARK has published a  report on global trends and prospects. Two thoughts about cryptocurrencies are curious:1. They very...
28/01/2022

ARK has published a report on global trends and prospects. Two thoughts about cryptocurrencies are curious:

1. They very clearly divided the application of blockchain technology into three real sectors:

- money revolution (algorithmic self-sovereign supranational money, Bitcoin)

- financial revolution (transparent algorithmic financial products, DeFi)

- protocols in place of platforms (identity, reputation, DAO, new online business models)

2. Bitcoin has already overtaken Visa in terms of the total amount of transactions, expecting $1M by 2030 per coin, but the point is not on the BTC price but in the UX + political consequences.

Address

Office 2402, Addax Tower, Al Reem Island
Abu Dhabi

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