In the third Crypto Square, the concept of decentralization, which has entered our lives with blockchain, was discussed.
Centralized systems that develop parallel to the decentralized structure of cryptocurrencies continue to affect the crypto industry.
Decentralization Discussed at the Third Crypto Square
Crypto Square opened its doors to crypto lovers for the third time on Thursday, October 27 at Levent Kolektif House.
In the event that took place with the participation of hundreds of people; Istanbul Blockchain Women Board Member Dr. Cagla Senkardes, ELYT.net Co-Founder Ahmet Ustaand Bloomberg HT Editor Sefer Yukselimportant names such as
In his opening speech, Cryptomeda CEO Eray Dengiz stated that it was held for the third time under the roof of Kriptomeda, and started to talk about what decentralization is under the moderation of Kıvılcım Great Ertunç.
What is Decentralization? Why is it Important?
Dr. Cagla Senkardes While being the first to answer the questions at the event, he shared his views on whether decentralization is revolutionary or not. Şenkardeş, who approached decentralization from an academic point of view, said that the administration has evolved into governance with decentralization and that information lies on the basis of decentralization.
Among the speakers Ahmet Usta First, he focused on how the future of decentralization should be understood. Stating that centralized structures were created to solve the problem of trust, Usta stated that since decentralization cannot be destroyed, it is tried to be brought together with central systems.
Touching on web3 and finance models from a financial perspective Sefer Yuksel According to , the concept of ownership is prominent in the web3 domain. Because of this situation, banks took action. Saying that we do not know whether Web3 will destroy the traditional finance sector, Yüksel added that the regulations prepared by the governments are the most important point in this regard.
