[Online] Decentralized Finance | DeFi Explained
Time & Location
About the Event
In this upcoming event, we will introduce you to the magic behind the word “DeFi”, the lending protocols, and how Ethereum composability can disrupt the finance industry and bring opportunities to aspiring entrepreneurs.
Considering the corona virus spread and scare, we will make this a virtual event until things start to look up. "Zoom" in and join us with the link: https://zoom.us/j/7629662740
- 7:00pm – 8:30pm | Talk
- 8:30pm – 9:00pm | Q&A; Open Discussion
What to expect:
- The mechanisms of the major DeFi sectors: - Order book versus automated market-making DEXs - How over-collateralization and price oracles and create synthetic asset
- What can we expect of the DeFi ecosystem in the near future: - High interest rates might be the reason to brings DeFi to world outside crypt - Proliferation of new exotic products could enable unique ways to hedge risk - Why a DAO-like disaster looms large as more money is put into these smart contracts with unknown risks
- Challenges of the DeFi ecosyste
About the Speaker:
Sichao Yang, PHD (https://www.linkedin.com/in/sichaoy/)
Dr. Yang is a respected scholar in the field of communication theories and distributed computing technologies. Before he co-founded and became the CEO of NTLabs, a blockchain and AI-focused research lab, he was a senior staff engineer in Qualcomm Inc. During his tenure in the world's leading wireless telecommunications company, he was one of the key contributors to the design and development of the 4th and 5th generation mobile communication. He also served as the technical leader in Qualcomm's research on vehicular network and autonomous driving and holds many invention patents.
Besides being a frequent speaker at major IEEE conferences including IEEE GLOBECOM, IEEE Summit on Communications Futures to name a few, Dr. Yang has also published many high-quality journals and conference papers while serving as a reviewer for Mathematics of Operations Research, IEEE Transactions on Networking, Games and Economics Behavior and other magazines.
Dr. Yang got his Ph.D. in Department of Electrical and Computer Engineering and M.S. in Department of Mathematics both from University of Illinois at Urbana-Champaign. His Ph.D. research is on game theory with its application on resource allocation and optimization in distributed networks.