Decentralized Finance (DeFi) is a burgeoning, revolutionary, and brilliant application of blockchain technology in the finance industry. DeFi, as its name implies, is a financial system lacking the centralization element prevalent in traditional finance (TradFi) organizations. DeFi is a...
In recent years, there has been a considerable demand for the best tools for developing smart contracts. They have aided in the introduction of simpler decentralized network applications as well as business process automation. One of the distinctive features...
Scalability issues plague some blockchains, such as Ethereum 1.0, to the extent that they suffer from congestion, high gas fees, and lower transaction speed. Typically, a blockchain should be able to solve three major issues, which are scalability, decentralization,...
The blockchain space is rapidly expanding, with novel innovations being developed regularly. Satoshi Nakamoto created the blockchain as the foundation for Bitcoin, the first cryptocurrency. It has since evolved into a decentralized, transparent, and immutable database that houses decentralized...
The cryptocurrency space has recently witnessed a steady influx of government regulations all around the world. The belief that the cryptocurrency market was above regulation and could not be regulated by the government appears to be fading as more...
Central Bank Digital Currencies (CBDCs) have recently become a hotly debated topic. Various countries are researching and experimenting with creating their own CBDC, while some have already floated their digital currency. For example, Nigeria launched its CBDC, e-Naira, in...
Central Bank Digital Currencies (CBDCs) have been defined as a currency and payment structure that will bank the unbanked members of society and promote financial inclusivity. There are various reasons why a particular segment of society may be unable...
Central Bank Digital Currencies (CBDCs) are being experimented with in various countries and regions around the world. The objective of creating a CBDC may differ from region to region. In some cases, CBDCs are created with the goal of...
"Web3" is a popular term that has been bandied about a lot recently. It is considered a revolution of the traditional internet, incorporating features that address the limitations of the conventional internet. This technology is expected to improve privacy...
The Ethereum Merge is one of the most anticipated events in the cryptocurrency world. The Merge has long been anticipated because it is expected to change the landscape of Ethereum, one of the most widely used blockchains. Ethereum is...
