Different countries have varying legislation regarding cryptocurrencies and their operations. Some countries have outrightly banned cryptocurrency transactions, mining, and similar activities, while others have restricted their usage. For example, the Chinese authorities have outlawed the use of cryptocurrencies. Many...
With the advent of blockchain technology, there have been notable advancements in a multitude of sectors, ranging from finance to social media. Decentralization is a critical component of blockchain-based technologies. This eliminates the need for a centralized authority to...
Blockchain technology has been in existence for a while, and its origin story is inextricably linked to Bitcoin. It has evolved beyond just being a technology that hosts cryptocurrencies. Blockchain technology has a broad spectrum of use cases that...
Newer blockchains are typically designed to solve Ethereum's scalability issues, as well as other elements of the blockchain trilemma. Every blockchain network hosts innovations that must be highly scalable, decentralized, and secure, hence the need to solve the blockchain...
Interconnectivity and communication are important in blockchain-based platforms. In the context of a blockchain, an oracle is a trusted third party that provides information about the state of the blockchain. Most crypto-related projects require access to data from reliable...
The significance of crypto wallets is becoming clearer by the day, especially since some of these wallets can contain other types of digital assets, such as non-fungible tokens. There are various types of cryptocurrency wallets. Some are designed to...
Over the last few years, cryptocurrencies have completely transformed monetary systems. This, however, implies that they have also redefined money laundering. Anti-Money Laundering (AML) and Know-Your-Customer (KYC) policies are financial security measures in place to prevent fraudulent activity. Money...
Decentralized Finance is redefining the concept of loans by allowing access to a variety of loans. Overcollateralized loans and flash loans are the two main types of DeFi loans. Overcollateralized loan providers anticipate that users will submit collateral worth...
In recent times, the decentralized finance (DeFi) space has witnessed remarkable growth, achieving its intended objective of improving financial inclusion and operational efficiency. DeFi provides many opportunities for participants in the space to earn returns on their investments. Common...
Liquidity is an issue with DeFi protocols, undermining DAOs and many other elements of DeFi.These platforms have to stretch liquidity thinner, and this may affect the projects they develop and offer users. The WOO Network was developed to solve...
