The novel blockchain technology is gradually penetrating the global economy and adding value to businesses, thanks to its unique properties like decentralization and transparency. In essence, the blockchain is set to transform many industries, including the identity management...
The unique properties of the blockchain such as decentralization, speed, and transparency have prompted many sectors of the global economy to adopt this technology, thus enhancing business processes. At the moment, every industry wants to make the best...
Ever since the release of the Bitcoin whitepaper over a decade ago, the interest in blockchain technology has grown exponentially. The space is maturing and now covers a myriad of projects, cryptocurrencies, smart contract functionalities, Decentralized Finance (DeFi),...
Technology, essentially, revolutionized the past century, from the internet to many specific fields like finance where blockchain technology originally comes into. Blockchain technology came into existence about 12 years ago and is currently disrupting major sectors of the...
The blockchain, also known as decentralized ledger technology, while still being an elusive concept for many, is increasingly being adopted globally. Accounting firms are adopting it to improve the 500 years old double-entry bookkeeping system. With adoption becoming...
Blockchain is a collection of immutable pieces of information that are distributed across a network of computers called nodes. The information stored on the blockchain is immutable because before any data is added to the blocks that form...
A blockchain is a ledger of immutable records that are distributed across thousands of computers connected to the network. These computers are often called nodes. Once data is recorded on the blockchain, all participating computers connected to the...
The market capital of all cryptocurrencies combined has exceeded $3 trillion, just as Bitcoin, Ethereum and Dogecoin experienced strong gains. Data from crypto analytics platform CoinGecko, which currently tracks over 10,000 coins across 517 trading platforms, the market...
Every new day, the potential uses of blockchain technology have continued to increase and now span across areas of finance, supply chain, health, and government. One of the major uses of this technology in government is in the...
Blockchain technology has found application in many sectors of the economy, even though it began as an innovative tool for verifying digital currency transactions. This technology, also known as distributed ledger technology, is a collection of verified and...
