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...
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...
Cryptocurrencies are virtual assets secured by cryptography and operate on a decentralized network powered by blockchain technology. The terms cryptocurrency and blockchain still sound complex to many. However, Bitcoin as a digital asset has been in the news for...
The high amount of energy consumed by Proof of Work (PoW) systems led to many in the cryptocurrency space looking for more efficient and greener alternatives. While Proof of Stake (PoS) systems emerged as a viable alternative to PoW,...
With Algorand (ALGO) 's price more than doubling to over $2 in a month, many people have started paying attention to the Algorand protocol. While the price action of Algorand has been impressive, the technology behind the protocol is...
Proof of Work (PoW) and Proof of Stake (PoS) are two of the most used consensus mechanisms by blockchains in the crypto space. While PoW is the consensus mechanism that is considered to be the original idea of how...
