Webinar 30th April: Will DeFi be secure enough for to replace banks?

This year were seeing the rise of Decentralized Finance (DeFi)— a new application of decentralized Blockchain technology that is poised to replace the trillion dollars Global Finance industry. However, recent events such as the dForce hack has shown us that hackers can exploit weaknesses in smart contracts and steal money. It’s almost like robbing a bank, except in this case the bank is flush with crypto AND can’t defend itself. In the case with dForce, the hacker stole $25,000,000 USD (talk about a good haul) and with crypto transactions we know this is not reversible. Luckily in this specific case, the team managed to negotiate with the hacker and they volunteer to return the money back.

This whole incident highlights a big problem — DeFi applications hold huge amounts of assets and vulnerabilities in the code could lead to theft of the entire balance ( which could eventually mean millions of trillions of dollars). 

In this special webinar held by the OKex acedemy talks we assemble 3 Blockchain security experts to discuss how to improve security in DeFi.

Yu Guo — Secbit Labs

Georgios Delkos — CertiK

ZhengChao Du — Slowmist

Moderated by: Michael Gu 

Join us on April 30th 2020 @ 12:00pm UTC 
👉Webinar: bit.ly/2yFnkhK

Michael
I’ve been involved in the Bitcoin and Blockchain space since 2012. Something I notice right away is that accurate factual information is hard to come by in this space. More often than not, we find extremely biased information that exploit the complexity of blockchain to obscure facts. The objective of this site is simple – to provide independent insights into the blockchain space.

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