dApp explainer videos
The Securities Token Platform
ICOs have raised more than $4 Billion worth of early stage capital, massively disrupting traditional finance. But while token fundraising is a booming trend, the global securities market has yet to participate. 

Stocks, bonds,
 venture capital, private equity and virtually every category of traditional finance function better on the blockchain. 

Equity, LP shares and share units
 will become programmable tokens that are more accessible, liquid and secure than traditional forms of asset ownership.

But no platform exists
 today that bridges the cap between financial securities and the blockchain.

Today business looking
 to join the crypto-revolution by launching their own token have nowhere to go. 

Enter Polymath.

Polymath envisions a
 future where tokenholders replace shareholders in the global economy and every business in the world has immediate access to trillions of dollars of crypto-capital.

Powered by its native
 token Poly, Polymath is ushering in a new era of security token offerings or STOs. 

STOs will soon dominate ICOs
 as financial products of all sorts upgrade to tokens. 

To facilitate this
 mega trend, Polymath is building the world's first decentralized protocol that empowers corporations to launch their own security token by simplifying the technical and legal challenges of a compliant token launch.

With KYC aware token technology,
 Polymath ensure only authorized investors can participate in the network.

By powering the next generation of regulatory
 tokens, Polymath aims to be the catalyst to launch the multi trillion dollar security token revolution. 

Let the stampede begin.
 

Polymath.
 
Distributed computation
It's just a matter of time. This is a processor, it executes small tasks at breakneck speeds from your computer, your phone and your smart watch. You don't need to know how it works, you only care that it is fast.

Golen is fast.
 

And here is you, needing to simulate
 a neural network but your little computer just isn't up the task. But if you connected to Golem, you could simulate neural networks, sequence DNA, render complex imagery or whatever you need to do in a fraction of the time.

Let me show you how it
 works.

Golem is a distributed
 super computer. It taps into a global network of unused computing power and it's decentralized. This means that no one owns it and anyone can use it, even you.

When someone has a
 job for Golem, it automatically finds the best computers available for the job and pays them for the power that they provide.

One of them can be your computer, that could be
 your money.

Whether it's training artificial intelligence or
 rendering physical models, Golem scales with the task. And it's all made possible thanks to the Ethereum blockchain.

What's
 more, developers can tap into this network by building apps on its platform, creating infinite possibilities.

So get ready, Golem is the
 future of computing. It's just a matter of time. [silence] 
Digital gold standard
What if I told you there was a new digital coin that married the best aspects of current cryptocoins with the safety and stability of gold, the oldest continuous store of value known to humanity. 

Cryptocoins in their current form have two major
 drawbacks. One, volatility. You simply cannot reliably transact with a coin that has more short-term price volatility than competing traditional options.

Centralization. If you
 have a single point of failure such as a big depot where a large amount of coins are stored, criminals will find a way to exploit that weakness, hack through the security and steal the coins.

But what if you could eliminate that
 price volatility by tying a digital coin to an asset that has real, stable and historical value like gold.

What if that gold digital
 coin was traded person to person without any centralized intermediary like a bank or other institution in the way.

You would have created a
 revolution in digital coins.

This is
 exactly what Digix has done.

Digix has
 taken all of the innovative realities in a current digital coin, the blockchain, transactional privacy, minimal transfer fees and backed it up with the world's oldest and longest standing store of value, gold.

With the Digix
 tokens, you own actual physical gold stored in a vault in Singapore, one of the world's safest and most private locations in the world.

You can redeem
 your Digix tokens for physical gold any time you wish. Or you can trade your digital gold backed Digix tokens on the Ethereum blockchain for goods, services or other digital assets. 

And because Digix tokens are transacted
 person to person, there is no centralized depot for criminals or hackers to exploit.

So if you have a
 family member that you want to send money to, Digix tokens give you a way to send value to them that can go across the world without any bank or other intermediary getting in the way.

Or if you have a business online or you are
 an artist selling your art work, with Digix tokens you can accept payment from anyone, anywhere in the world without the hassle of dealing with banks or paying their bloated fees.

Digix tokens are the next evolution
 of digital coins, marrying the best of the new way of sending value person to person, anywhere in the world, instantly without any intermediary. 

And with the stability and peace of mind
 of the world's oldest currency, gold. 
Decentralized prediction market
[music] [music] 

Augur is a prediction market
 platform that rewards the user for correctly predicting future events.

Prediction
 markets allow users to purchase and sell shares on the outcome of an event. The current market price of a share is the estimate of the probability of an event actually occurring.

The
 prices of each share adds up to $1, so if you buy a share at even odds it will cost you $0.50. If you end up being right, you'll receive $1.00 for that share.

These markets
 rely on the scientific principle known as the wisdom of the crowd which states that if you ask enough people something, their average answer is usually far more accurate than any expert.

This allows
 us to create one of the most powerful forecasting tools. The problem with previous prediction markets is that they were centralized, allowing them to be easily shut down.

Another
 problem is that with any prediction market, someone has to report what actually happened after the event occurred.

In centralized
 markets, one person does this which means there can be mistakes or outright manipulation. 

With Augur, we'll have 1000s of
 users reporting on these outcomes using something called reputation. Using Augur, anyone, anywhere in the world can create a market asking a question about anything.

Market
 makers provide some initial funding for the market, and in return receives some trading fees.

Anybody can freely buy and
 sell shares on the outcome of that market and the current share prices provide the best estimate of that event occurring.

Imagine being
 able to Google questions about things that haven't happened yet and receiving accurate odds of their occurrence.

That power, the power to
 glimpse into the future is what we believe everyone should have access to. 
Scan any smart contract easily with QSP
[music] [music] 

I'm
 Richard Ma, CEO and co-founder of Quantstamp. The reason why Quantstamp exists is because smart contracts are vulnerable to hacks and we make sure that they are safe for everyone to use.

In January of
 2017, there were only around 10,000 smart contracts. Today there are more than 8 million smart contracts and it's no longer possible for manual human experts to check all of these contracts individually.

Quanstamp is really bringing
 automation to the security auditing industry so that eventually when there are billions of smart contracts, we can still make sure they are all safe. 

Here at Quantstamp we are on a mission to
 help as many companies as we can to explore blockchain in a secure way, so they can thrive ten years from now.

To this day Quantstamp has secured
 over $500M worth of smart contracts. 

Richard Ma, CEO and software developer at Quantstamp.
 

[music]
 [music] 
Decentralized future contracts
Introducing 0xFutures, the first peer to peer platform to trade future contracts running on the blockchain. 

Meet Paul. Paul is a developer who gets paid in
 bitcoin. Paul loves his bitcoin but he hates to see the price go up and down especially when it goes down. He would love to have a way to stabilize his bitcoin holding and to keep the same value over time.

Meet Lucy. Lucy is a
 mega crypto enthusiast and really thinks that this thing is going to the moon. So she would like to put her crypto to work to take a leveraged position.

If the price
 moves, she will make even more money.

Enter
 0xFutures which is a fully decentralized trading platform where Paul and Lucy can create a smart contract that will track the price of any asset. Bitcoin, ethereum, gold or anything else really.

In their case it will be bitcoin.
 

With 0xFutures, every future contract is a
 smart contract running on the ethereum blockchain between the two participants. This means that the funds are not held by a 3rd party but by the smart contract itself.

This makes 0xFutures
 decentralized, peer to peer and trustless.

Here is how it works.

Let's say that
 Paul wants to create a contract that tracks the price of bitcoin. He can either be long if he thinks that the price is going up or be short if he thinks the price is going to go down.

Since
 he wants to stabilize his bitcoin holdings, he will be on the short side. He then sets the contract amount, that's the money that is in play.

0xFutures uses the DAI as
 collateral. The DAI is a stable token that doesn't fluxuate over time. One DAI is worth $1.

Let's say he sets the contract
 amount to be 100 DAI which is the equivelent of $100.

So Paul creates a
 smart contract using 0xFutures that will be living on the ethereum blockchain.

Now Lucy
 wants to join this contract and take Paul's opposite position by going on the long side.

If the price of
 bitcoin goes up by let's say 30%, then Lucy who is long will be up by 30%. 

If in the contrary the price of bitcoin goes
 down by X%, then it's Paul who will see his share increase by the same amount.

At some point Paul may want to take his profit or loss
 and release his DAI's from the contract. He can do so by selling his side of the contract to another user who will replace him.

Once the contract has
 been rolled, Paul receives his funds held in the contract directly to his wallet.

With
 0xFutures, every trade is its own smart contract on the ethereum blockchain between two people.

There is no custodian,
 no centralized system and no counterparty risk.

Start today.
 
Borrow/Lending decentralized
[music] 

On this video we are going to be talking about
 Compound.Finance 

Compound.Finance is a borrowing platform allowing you to
 lend and borrow cryptocurrencies in a fully decentralized manner.

The platform allows you to
 borrow regular cryptocurrencies like BAT and stablecoins such as DAI which are pegged to the USD.

We'll be taking a look at their current platform with
 Mike and also possibly doing some borrowing of our own.

Let's go take a look at Compound.Finance
 with Mike.

So now
 we are going to talk about Compound.Finance 

This is a lending platform.
 It's a lending and borrowing platform that has its own decentralized protocol for holding onto assets and letting people borrow.

It's
 live.

As you see it's a dApp,
 so you connect with Metamask. This is the app and usually when you sign in... This message isn't up here... 

So
 they had an issue where there was a vulnerability found by a community member. They are swapping out some of the contracts and looking at auditing some of the relationships that happen between the frontend and backend.

Have you
 earned interest on the money? 

I have.
 

So we lent $23
 originally. And on a variable 9.5% APR we have made 5 cents. 

When did you do this?

A
 couple weeks ago. 

So you can earn money over time lending out
 ETH or DAI in this case for you to other people. DAI is basically just dollars. You lend it out and you earn interest. 8% a year.

But you said before it
 was more.

Before it was
 around 15%. It changes, it goes up and down.

Based on what?

It's based off of the collaterlization
 that's being supplied as well as the price of the underlying asset.

It
 reminds me of MakerDAO.

It
 has a lot of common pieces.

The interest is super
 simple. Easy to use as well. I wish the borrowing activity wasn't paused so you could look. But you can go in and check out the data. 

Either send in to one of the collateralizers
 or borrow.

I think it's really fascinating
 because with traditional assets, you put your house up as collateral. But they have to do a lot of research around who has liens on that house etc. And you can basically come in and take [inaudible] something like security tokens.

Collateralize
 it. It's immediately authenticated through the blockchain like it is now.

Now I
 take out money, I borrow a certain amount and if I don't pay it back in enough time or something happens to the value of my house, then I get liquidated etc. 

That's how CDPs work. I think the more platforms that come out
 like this is really fascinating. The more we can get real world assets on the blockchain that are verified, the cooler platforms like this can become. 

And
 the rules won't change. It's not like somebody in some part of the basket down the line changed how their particular financing is working and it has this huge affect that changes what you are borrowing and one day you go to consolidate your loans and everything is messed up because somebody in some basket messed something up.

Because
 it is blockchain, because it is a smart contract, the logic governing it stays the same. The rules don't change.

We
 are very much at an incubation stage. As we see here, the borrowing is down now and there is a bit of chaos here because there was a vulnerability in the smart contract.

That can happen as
 we are at the very early stages. I think when it matures it'll be really awesome.

What is
 the risk modeling? Instead of [inaudible] now we are dealing with technology hazards.

What happens if the
 core protocol has an issue? Who takes care of making people whole?

There is no human. It's all
 code.

Aside from being terrifying,
 it's really cool. 

So
 this is Compound.Finance 
Civic Secure Identity Ecosystem
As the world transitions from the physical to the digital, having a secure and simple way to manage your identity is more important than ever.

That's
 why Civic created the secure identity platform. It's a bit like a digital wallet that bridges your physical and cyber credentials.

To see how it works, let's meet Janice. Janice is
 going on a trip and she needs to identify herself several times along the way starting with the purchase of a plane ticket. 

Janice's travel booking service is a Civic
 business partner, so they simply send Janice a QR code to request her information.

Janice
 provides the requested information directly from her mobile device and that information is stored fully encrypted.

Now Janice can use that same device to
 verify her identity at the airport check-in counter, at the security check and when she gets to her hotel using her finger print each time to prove that she's the owner of that data. No username or password required.

This voluntary exchange of
 data happens directly between Janice and any organization that requests her information like a hotel or a bank.

When there is a request for additional
 data, it gets added to her Civic app. And she builds up trust in her digital identity.

Each organization receiving
 her data independently validates her identity on the blockchain.

That means Janice's information is
 trusted and she can have the low friction experience that she deserves. [music] 
Factom is a blockchain innovations company that em
These days, it seems like nothing is safe from tampering. Huge corporations are hacked, digital evidence modified, important records are faked.

Factom
 changes all that.

You create a
 digital fingerprint of your data, so private information stays private. Factom then publishes that digital fingerprint in a permanent ledger, distributed across the globe.

This
 data is locked in place by the blockchain. One of the most secure networks on the planet.

Create
 powerful new tools that hold governments, corporations and institutions accountable forever.

Factom
 allows you to create transparent public records. This can make fraud, corruption and forgery a thing of the past.

The
 volume of information that can be secured with Factom is unlimited.

For example, we secured the entire project
 Gutunberg, over 29,000 books on the blockchain with a single hash.

Factor could secure the entire human genome
 or every bank record in existence. 

With Factom, you'd never lose your child's birth
 certificate and no one could ever take credit for your work. 

Factom let's us build a better world that's safe, secure,
 private and honest. 
Stablecoin pegged to USD
Money, we all use it, but what is it? We carry it around and exchange it for the stuff we need. And keep some back for a rainy day. We trust that one piece of money is the same as any other. And we hope that what we have today is not worth less than it was yesterday.

Because
 money having to perform so many different functions, it's no surprise that it has taken on so many different forms.

As money evolves, we
 arrive at bitcoin. Created without a central authority is less vulnerable to issuance corruption than standard fiat money.

With this unique
 commissionless nature, it redefines what money is and what it can do. But it's not quite perfect money.

Bitcoin's fixed supply
 creates a speculative investment and with that a money with a high degree of volatility. 

DIA is a solution to that volatility. A cryptocurrency
 using collateral to back its value and interest rate mechanisms to stabilize its price. 

DAI is created by locking collateral with
 Maker, a decentralized platform on the ethereum blockchain.

Together,
 currency collateralization and interest adjustments ensure DIA has low volatility against its external reference point, the US Dollar. 

DAI, the next step in money
 evolution. 

[music]
 [music] [music] 
Create and manage DAOs
Moderator: Up next we have Igor from POA can you come over there? Jorge from Aragon. Let's welcome Jorse to the stage. 

Jorge: OK. I'm Jorge Izqueierdo and we are building the world's first
 digital [inaudible].

Before we start talking about
 that, we like to talk about this pyramid that [inaudible] have been talking about for these. 

As all the parts of the technology stack have been
 commoditized, we think that there is only governance that is not commoditized. And eventually we think that crypto networks will make it or break it, [inaudible] 

Bad governance is very, very hard and when governance fails in the
 real world, bad stuff happens.

We have this example in my home country
 in Spain with the Catalonia thing. We have examples here in the US where bad governance burnt down [inaudible]. Or [inaudible] 

But we now have this
 amazing tool that allows massive coordination [inaudible] and it also allows a test bed for testing new governance processse without [inaudible] without people [inaudible]. 

This is very cool. We are experimenting a lot with
 this and we feel like [inaudible] 

Now going a bit more technical,
 we've developed this framework called aragonOS which is the 3rd iteration which was [inaudible]. But now it's a more generic protocol [inaudible] can use if they need [inaudible] governance which basically [inaudible] same thing [inaudible] one without the other.

This is also a hackathon for us. We are
 testing [inaudible]. So check out our [inaudible] let us know if something is broken or really [inaudible]

We
 are also doing a funny airdrop. We are airdropping [inaudible] doing fun stuff with that during the week [inaudible]

You have all of the information
 here and links. That's all, thank you. 
Arbitration platform for peer to peer justice
Bob is a designer. Today he's building a website for Alice. When it's done he sends Alice the invoice but there is just one problem. Alice isn't happy. It's not how she wanted the site to look and now Alice won't pay which makes Bob unhappy. So now everyone is unhappy. 

It didn't have to be this way. If Bob and Alice had
 just used Kleros this could all have been settled. Kleros is a blockchain dispute resolution layer that provides fast, secure and affordable arbitration for virtually everything.

At the start of the
 project Alice's funds are locked into a smart contract. If Alice is happy with the job, Bob receives payment. If there is a dispute, Kleros uses crowdsourced jurors to consider the evidence and settle the dispute.

Jurors analyze the evidence and
 consider both sides of the story. On this occasion they side with Alice and vote her to be the winner. Their decision is automatically enforced and the arbitration fees are collected. All performed on the blockchain.

Freelancing, crowdfunding,
 curated lists, gaming, e-commerce, insurance, oracles, escrow, the possibilities are endless.

Life isn't always fair but
 Kleros is.

Kleros the
 dispute resolution layer for virtually everything. 
Instant crypto-backed loans
Meet Bruce and Tom. Like many modern people, they've both invested in cryptocurrencies. 

They just came across this last minute travel deal but
 it expires in 30 minutes. The problem is, none of them has the cash to pay for it.

Next week bitcoin might surge 20%.
 I really don't want to sell my crypto right now and lose all potential profits. Plus I've got to pay exchange and withdrawal fees not to mention the heavy income taxes. 

Even if I sell my coins now, the travel deal will be gone by the time
 I get the cash.

Bruce, what about him?
 Well Bruce already paid. How did he get the cash so quickly?

It's simple. Bruce
 just got an instant crypto backed loan from Nexo. The world's first instant loan secured by crypto assets.

Nexo is powered by Credissimo, a leading
 European fintech group.

Here is how it works.
 You place your crypto in your Nexo wallet on the blockchain. And without any credit checks, you get instant cash from Nexo. No exchange fees, no hidden fees, no taxes.

Best of all you retain all the
 profit from your crypto.

With the
 flexibility of your Nexo loan, you get cash to spend whenever you need it while keeping your crypto.

Who would you rather
 be? Bruce or Tom?

Join Bruce and enjoy your crypto
 wealth today without selling your assets. 

Nexo, the world's first crypto-backed
 loans. 
The home of token trading
In a world where many of our assets are held by others, at Ethfinex we believe in returning control to the user.

That's
 why we design tools that give traders choice. From a huge choice of trading options to create unique strategies, to choosing your level of custody and trusting us with assets for safety. Keeping full control for flexibility or somewhere in between.

But it doesn't stop
 there. We also give our traders control of Ethfinex itself through our Nectar token.

Nectar holders have the power
 to propose and vote on Ethfinex governance decisions from choosing our mission statement to deciding which tokens can be traded on the platform.

We even give a share of trading
 fees from voted in tokens back to customers, so traders research and choose the tokens they believe will be successful in the long term.

This
 means Ethfinex will always reflect the tokens our community wants to trade rather than those with the biggest pockets or best connections.

Using Ethfinex means being part of
 Ethfinex and being part of Ethfinex means joining the financial evolution of today. 
High speed asset transfers
Payments are one of the obvious killer applications of blockchains. But unfortunately blockchain's current transaction capacity is very limited and therefore unable to support significant adoption.

Full blocks, high fees and
 long confirmation times are the known effects of this limitation. 

The problem is scalability.
 

Currently the ethereum network is only able to confirm
 roughly 10 transactions per second. Before blockchains will see wide spread adoption for every day payments, they will need to be able to process roughly 100,000 transactions per second.

Adoption also
 requires that the cost of transfers is negligible and the confirmation time is within a subsecond rather than in the range of minutes.

The Raiden
 network aims to solve these problems. It uses a mix of mesh payment channels, deposits and cryptographic tricks to allow for secure token transfers offchain. 

Instead of using the blockchain as a global node
 tree for all transfers, the blockchain is only used as a system to eventually settle netted claims that resulted from offchain transfer activity.

This approach allows
 the Raiden network to scale with the number of users and their transfers. The more users participate, the more transfers can happen concurrently.

Further,
 transfers are extremely cheap, fast and private.

The Raiden network will compliment ethereum
 such that it can become a global scaled payment infrastructure for everyday purchases by all of us as well as for the upcoming machine to machine economy.

The
 original idea of blockchain is to provide a purely pure to pure version of electronic cash. Our mission is to provide the technology which allows this vision to scale towards widespread adoption. 

If you want to learn more about the Raiden network, watch
 our next video or check out our website. 
A free legal repository
Stablecoins are digital assets stored on the blockchain. They are useful for reducing the price volatility of native cryptocurrencies like bitcoin or ether.

They hold the potential to make
 blockchain based commerce more accessible to parties who may be reluctant to expose themselves to cryptocurrency price volatility.

This could be
 particularly true in loan transaction where parties could suffer significant losses relative to more stable fiat currencies like the USD.

So we
 decided to revisit our prior loan demonstration and refactor it to support MakerDAO's DAI stablecoin.

The DAI is a stablecoin
 based on ether and enabled through a sophisticated decentralized mechanism for collateralizing ether and decentralizing governance through related Maker tokens. 

We won't go into great detail about the mechanism in this demo.
 

At the end of the day the goal of the DAI stablecoin is to reduce
 price volatility.

Let's return to our prior loan demonstration and
 pull up the note.

In this revised
 text you can see that the lender is no longer loaning ether but is now loaning a certain number of DAI stablecoin tokens which are very closely tied to the USD in value.

We'll go ahead and execute this agreement
 between the lender and borrower. 

[silence]
 [silence] [silence] [silence] [silence] [silence] [silence] [silence] [silence] [silence] [silence] 

Now the borrower will draw against the loan using a
 rudimentary user interface we built and described in our prior loan demonstration to interact with the loan smart contract.

Let's check the borrower's
 balance of DAI before we start. 

Sure enough there were no
 DAI.

Now let's draw against the
 loan. Now let's check the borrower's balance of DAI again in their wallet. 

Sure enough 100 DAI has been transferred to the
 borrower. 

Now
 we can see that the balance owing is now 100 DAI. And the draw that happened.

The borrower can also repay using
 DAI. Again this is all being mediated by a smart contract behind this user interface. [silence] [silence] [silence] 

Now we can see that the balance
 owing in DAI has dropped. The payment has been recorded. [silence] 

And the borrower's balance of DAI has
 decreased in their wallet.

There you can go. You can see with the power of
 Open Law's contract automation and blockchain enabled contract and capabilities combined with a stablecoin like MakerDAO's DAI, we are broadening the audience and relevance of blockchain based commercial transactions.