https://www.ochrepeak.com/home daily 1.0 2025-09-04 https://www.ochrepeak.com/home/defi-fintech4 monthly 0.5 2023-11-14 https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/4c542f95-bfb6-4766-ad04-44c815ea4826/Slide12.jpeg Home - Web3 and Decentralized Finance: Fintech 4.0 - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/d151c93b-9546-4cf9-9737-3c680b8baf5a/Slide11.jpeg Home - Web3 and Decentralized Finance: Fintech 4.0 Inefficient remittance networks are being disrupted with peer-to-peer FX networks like Wise. Crypto and blockchain transfers could be the way forward. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/dbfdf746-1841-4259-be93-42c1d235dd45/Slide7.jpeg Home - Web3 and Decentralized Finance: Fintech 4.0 How does DeFi compare to traditional finance? We can make a comparison here. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/f44d71a0-7d3a-4ace-9054-5861badb312a/Slide8.jpeg Home - Web3 and Decentralized Finance: Fintech 4.0 There are many categories of DeFi. Beyond the basics of cryptocurrencies, decentralized exchanges, and staking, it has been applied to many traditional areas of finance. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/b098799c-5481-4139-a691-f20a5987f99a/Slide10.jpeg Home - Web3 and Decentralized Finance: Fintech 4.0 We have moved from more traditional card processing systems and electronic transfer systems for payments; to the use of QR codes, NFC, and APIs. Will the future be in digital currencies? https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/86f01da5-6d2a-4988-adce-90eed73b267d/Slide9.jpeg Home - Web3 and Decentralized Finance: Fintech 4.0 Technology has been used by the finance industry since the 1960s and “fintech” has gone through many iterations. DeFi is part of Fintech 4.0 where the focus is on empowering users. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/fceff02f-d37a-435a-b583-80b172add0f9/Slide6.jpeg Home - Web3 and Decentralized Finance: Fintech 4.0 Since the inception of Bitcoin, DeFi has grown in its use cases and applications https://www.ochrepeak.com/home/what-is-purpose-bound-money monthly 0.5 2023-11-14 https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/7c19a725-106c-41d1-b985-06a15d62f238/PBMF5.png Home - What is Purpose Bound Money? The PBM reaches the end of its life cycle when it is redeemed. The token holder would request the wrapper to redeem the token. The wrapper checks the PBM logic if the address is authorized. If approved, the token is unwrapped and the digital money/ token is deposited with the recipient. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/7dae022a-9c7d-4575-ac39-bcdeb0f1268b/PBMBanner.png Home - What is Purpose Bound Money? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/5338bd80-da20-468d-b5ff-78ecef0260f1/PBMF4.png Home - What is Purpose Bound Money? Once the PBM is minted, it can be used. The PBM can be transferred to another party if logic allows. The PBM creator or any other PBM holder can request to transfer the token to another part, the wrapper checks the PBM logic if the address is authorized and changes the owner of the PBM if it is. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/9b0961e1-8cd2-45a0-92ed-8128ea53181f/PBMF3.png Home - What is Purpose Bound Money? The next stage is to mint the PBM. The minting request is made to the PBM wrapper. The wrapper checks the logic to make sure that the requesting address is authorized. It then verifies the token definition with the PBM manager. The required tokens are then transferred to the PBM wrapper. The wrapper updates the PBM manager with the new token supply, mints the PBM, and transfers it to the requestor/creator. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/e8a436ff-2472-4d26-9b6d-15f6ae69cbda/PBMF6.png Home - What is Purpose Bound Money? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/8a61f15b-4c63-4139-ba5f-d60244f2f13d/PBMF1.png Home - What is Purpose Bound Money? PBMs can be applied across multiple types of digital money and have separate programming logic. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/9d4a76f7-0838-40d8-8933-5d927f9b67a0/PBMF2.png Home - What is Purpose Bound Money? In the initialization stage, the PBM wrapper is first initialized and linked to the PBM manager and PBM logic. Next, the token type and attributes are defined in the PBM manager. Whitelisting and blacklisting logic is then stored in the PBM logic. Finally, approval is given to wrap the digital money with the PBM wrapper. https://www.ochrepeak.com/home/wxwf15y8mb5efe3lnsgf46xlmb6z3x monthly 0.5 2023-11-12 https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/4dec233e-21e8-4a24-8e5e-8375829cf3bd/banner.png Home - Unpeeling the layers of blockchain - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/a096ffa2-2ec7-4ccc-a1dd-c43146d79e5a/Figure+3.png Home - Unpeeling the layers of blockchain Another example is Polkadot’s ecosystem. Polkadot’s Central Relay Chain acts as a meta-layer or Layer 0, allowing parachains to send messages to each other. Parachains can be custom-built for different purposes and may use rollups for additional scaling. This allows for different use cases built using Polkadot to communicate with each other. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/1760b5dd-3e7d-459f-b642-9bd5fae985ec/Figure+1.png Home - Unpeeling the layers of blockchain We can consider the Lightning Network the first layer 2 solution for any blockchain network. It also inspired the use of different layers to address the challenges of blockchain technology. By architecting and layering blockchain networks, one can create different implementation options for different use cases. Today, we have 4 generally accepted types of blockchain layers. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/2585040d-5a5b-4691-acb3-257a89ff79d3/Figure+4.png Home - Unpeeling the layers of blockchain We can also imagine how we can use the layers to create enterprise use cases such as an ecosystem for trade between companies. Groups of companies within the ecosystem can use a private blockchain and state channels to track trade and finance-related activities such as letters of credit. However, other companies may have different requirements and want to use public blockchains like Ethereum with a rollup to track their activities and retain privacy of information. If we can create a Layer 3 solution for cross-chain communications, it can be used to share and update information across blockchain networks. However, for this to work, standards for trade documents are required. https://images.squarespace-cdn.com/content/v1/64cb6c9bdbfd651d32cf57fa/92a523a6-bea7-4868-b374-be705137680d/Figure+2.png Home - Unpeeling the layers of blockchain An example of how layers can work together is the exchange of tokens across blockchains using Ripple’s ILP as layer 3. Tokens can be moved from one blockchain network to another using smart contracts that lock up the token within the network and then release it to another party on another network. This can be connected directly to layer 1s or layer 2s. 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