This category will hold items describing properties and applications of the blockchain and distributed ledger technologies. We will cover their main characteristics and weaknesses. Applications of the technology, including Smart Contracts and dApss will also be included in this category.
Most people have heard the term cryptocurrency. But while some are confused by it, most have no inkling about what it means, or what it’s all about. Cryptocurrency is an
Imagine a utopian world without lawyers. A world where two people can enter into an agreement with absolutely no worries that one party may breach it and get away with it. A world run by digital contracts written in computer code. Yes, it is possible, and it is already happening, thanks to the invention of smart contracts.
When Satoshi Nakamoto introduced Bitcoin to the world, he likely did not see the extent to which the technology would be adopted in the coming years. The Ethereum blockchain entered a few years later and demonstrated to everyone that blockchain is a versatile technology. Right now, these are the two most dominant blockchains in terms of market cap and public awareness. But they are also the poster children for the shortcomings of blockchain tech.
All cryptocurrencies operate using blockchain technology or Blockchain (BC). If you are considering a long-term investment in a cryptocurrency, we recommend that you first...
In the internet age, information ought to be free. But this is not what we get in a world of censorship and autocratic regimes. Take Wikipedia, a free information and knowledge site. The site is far from perfect (read writer bias, no quality checker, and other flaws). But still, it provides internet users worldwide with a wealth of information on countless topics.
Blockchain has been touted as a solution to countless modern-day problems. But what if it could be seen as a catalyst for innovation? You know, innovation that brings us products and services that we simply hadn't fathomed about before.
Cardano is a promising smart contracts development platform that is built on a Proof-of-Stake blockchain protocol. The platform was launched in 2017 by its founder, Charles Hoskinson, who is also the co-founder of Ethereum.
Blockchain technology has been around for about ten years now. But it was not until 2017 during the crypto-market bull run that this disruptive technology gained attention beyond crypto-space circles and into modern-day businesses. But even as of today, a good number of the general public and organizations have not yet fully understood what blockchain is all about. Those with a rough idea about this technology know it as just an underlying protocol that supports cryptocurrencies.
Decade-old Blockchain technology has gained high popularity in recent years. It was created to keep records of digital currencies like Bitcoin, but due to...
When the first cryptocurrency – Bitcoin, came into existence, it brought with it more
Every revolutionary technology in the history of mankind goes through four distinct stages before achieving widespread penetration. Looking at blockchain through the lens of technological development, the technology can be said to be at its early adoption stage - more than ten years after its invention. That is to say, blockchain has begun taking root, and it's set to spread exponentially though it's still far from full adoption.
Blockchain is one of the most disruptive technologies of the last decade, from powering cryptocurrencies to dizzying heights of success to industry after industry racing to incorporate it into their processes.
Many people acquainting themselves with the Ethereum ecosystem tend to overlook the Ethereum Virtual Machine, yet it provides really interesting tidbits into how the Ethereum ecosystem works.
Around security in blockchain some interesting myths have been created that make this technology look like a total panacea and something almost surreal, for...
If you’re regularly tuned to cryptocurrency subject, no doubt you’ve heard the term ‘distributed ledger’ or DLT, thrown around once or twice. You’ve probably also heard some people use the phrase to refer to blockchain - the technology underlying everyone’s most familiar cryptocurrency. But does a distributed ledger and blockchain mean the same? And what is this distributed ledger thingy anyway?
There's never a dull moment in the Defi sector. Continuous innovation in the space affords us products and solutions that ease our transactions. Additionally, the thriving Defi sector provides alternative investment avenues. Further, the investments attract better returns compared to those from conventional finance. It isn't a wonder that investors in their droves keep boarding the Defi juggernaut.
https://youtu.be/xFVjQv3cuYw What is Distributed Ledger Technology, and how is it different from Blockchain? Blockchain is becoming more and more accepted as a concept in the world of finance nowadays.
For some people, the words blockchain and bitcoin (BTC) are so thoroughly intertwined that the mention of one brings to mind the other. This association is almost natural, considering that
In this post, we will explain a new payment method and also a new way of making transfers that is simpler and safer than...
An Enterprise resource planning (ERP) system is a software used by organizations to manage their operations. From accounting, procurement, project management, risk management, to supply chain operations, ERP systems are indeed the fiber holding all business operations.
2020 promises to be an exciting year for the crypto community, a year when most cryptocurrencies and their backers make major moves and further their undying quest to establish dominance and woo in more users. And we aren’t just talking about Facebook’s Libra – though we expect its eventual entry into the blockchain and cryptocurrency world to rattle the markets. We are talking about the near-silent moves that the popular cryptocurrencies have been involved in and some of which will materialize early in the year.
The European General Data Protection Regulation (GDPR) came into effect more than two years ago. The law gives residents of the European Economic Area (EEA), power over their personal data and how it is used by organizations. This includes the right to ask for its erasure, the mandate for informed consent, and right over whom that information is shared with. The law applies not just to organizations based in (EEA), but also those based in other countries while serving European residents.
A quick search on the internet about the most popular technologies will almost inevitably yield blockchain as one. Brought into existence by Satoshi Nakamoto, the creator of Bitcoin, blockchain was once dismissed as a fleeting fad, but now it’s one of the most talked-about and valued technologies. So much that industry after industry is exploring to see how it can help them accomplish tasks in faster, cheaper, more transparent, and more accurate fashions.