Decentralized finance (DeFi) is growing fast. Total value locked, a measure of money managed by DeFi protocols, has grown from $10 billion to a little more than $40 billion over the last two years after peaking at $180 billion. Total value locked in DeFi as of Nov. 2022. Source: DefiLlama The elephant in the room? More than $10 billion was lost to hacks and exploits in 2021 alone. Feeding that elephant: Today’s smart contract programming languages fail to provide adequate features to create and manage assets — also known as “tokens.” For DeFi to become mainstream, programming languages must provide asset-oriented features to make DeFi smart contract development more secure and intuitive. Current DeFi programming languages have no concept of assets Solutions that could help reduce DeFi’s pe...
The Kwara State Government has set up a plan to empower youths in the state with tech skills to meet 21st century market demands. The government, in partnership with TIIDELab, is organising a tech training session for young people ahead of a fellowship programme that will feature the best hands picked from the qualifying session, according to a statement by the Senior Special Assistant to the Governor on Youths Engagement Kaothara Adeyi. ‘The pre-fellowship session is a prelude to a six-month software engineering fellowship programme,’ the statement said. ‘The fellowship will take participants through the nitty-gritty of software engineering alongside several other software skills required to transfer their technical knowledge into solution-driven products.’ It said the participants in the...