Blockchain technology may not be quite popular in the automotive industry, but several companies are incorporating it into their operations. By using blockchain, the activities of an automotive firm are more transparent and efficient. What are the use cases...
Though blockchain technology may be beneficial, the engineering industry is yet to embrace it like finance or even the supply chain world. Its complexity has seemed to discourage the necessary change that it would bring if it were implemented...
Blockchain is a technology that has found a way to be useful in different fields and industries from the financial world down to even the manufacturing sector. Initially, the technology was restricted to the financial realm, offering incredible services...
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 system. ...
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 use...
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 global...
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 network...
Every now and then, new developments are introduced. Three major technological advancements have found a way to interact with one another. The line that demarcates the functions of Blockchain, AI, and IoT seems to be blurring daily. Blockchain technology...
Digital technology revolutionized modern finance, and recently, blockchain technology has become a big part of it. Many people think of cryptocurrencies when they hear "blockchain”— yes, it’s true that’s the underlying tech that powers them. But it can do...
Ethereum is one of the biggest and most popular cryptocurrency projects as the leading blockchain for decentralized applications (dApps) due to its compatibility with smart contracts. However, its popularity has led to congestion and high gas fees, thus, a...
