Introduction Blockchain works in the same way that the Internet does, with interconnected computers called nodes storing and independently verifying shared data. It is essentially a non-alterable ledger distributed across a network of computers. Blockchain has three key attributes:...
Decentralized Finance (DeFi) is a sector in the crypto space dedicated to decentralized financial services. It includes a variety of financial services that anyone can access. These services differ from centralized financial services in that they are managed by...
Blockchain developers usually spend a significant amount of time working on the engine that their platforms are built on and the application layer when developing decentralized apps. Some developers prefer to employ existing blockchain protocol engines to build their...
The tentacles of blockchain technology have found their way into different facets of our lives. More people are incorporating blockchain technology into their daily activities because of its elements such as decentralization, immutability, transparency, etc. Blockchain technology is being...
Blockchain technology is more than just cryptocurrencies; it has many applications in the real world. This type of technology is transforming not only the crypto space but also other fields such as health care, voting, governance, supply chain, and...
The traditional monetary system is plagued by counterfeiting and other forms of money manipulation. Governments spend a lot of money attempting to prevent people from reproducing money without the proper authorization. Almost every government deals with this issue, as...
I went to my favourite restaurant for dinner a few weeks ago. While savouring the sumptuous meal before me, I noted how easily the employees served the few customers (between 2 and 5) in the diner. However, as more...
Decentralized Finance (DeFi) is an important aspect of blockchain technology, as it offers both regular and new financial instruments that possess the element of decentralization. As the DeFi space grows, more financial options are emerging, such as yield farming,...
As the crypto space expands, more individuals are embracing the concept of alternative banking services. The traditional financial sector views the banking system as a lending and borrowing structure. People must rely on traditional banks to keep their assets...
NFT Marketplaces are essential components of the Non-Fungible Token ecosystem. They are used to mint NFTs such as art, music, literature, movies, gaming assets, title deeds, and so on. Most NFT Marketplaces will mint any item that can be...
