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 economy, especially finance. With the development of virtual assets like Bitcoin ...
Algorand and Cardano are currently taking the blockchain world by storm with their innovations and plans. Cardano, as at the time of writing this, recently released its smart contracts feature after its successful Alonzo hard fork. This came after years of crypto enthusiasts waiting for Cardano to fulfill its promises. ...
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 will have access to it, which explains why it is also ...
Businesses spend a lot annually mining, gathering, and securing data. With the right stream of data, a rational decision-making process becomes easier for businesses. Data security is a big issue for businesses, as it is common to see hackers infiltrating their cyber security to steal data and probably sell to ...
Blockchain is a revolutionary technology that is built on a distributed ledger, which comes with incredible use cases. This technology which is actively used in the finance realm has also created a new field of finance called, decentralized finance or DeFi. With this innovation, many platforms are offering decentralized lending, ...
Every new day, the potential uses of blockchain technology have continued to increase and now span across areas of finance, supply chain, health, and government. One of the major uses of this technology in government is in the area of voting. Electoral processes are prone to manipulation and fraud. It ...
The healthcare sector is plagued with discrepancies and inefficiencies, which aren't limited to rural areas as popular discourse may have us believe. Developed communities also encounter these challenges. The problems in the healthcare sector encompass more than just limited access to medical facilities; they also involve managing and safeguarding healthcare ...
Filecoin was launched in 2017, though its mainnet began operation in 2020 has an underlying concept to offer secure storage systems for files, thereby reducing the issues that people face when they use centralized solutions. It was created by Juan Benet, a notable computer whiz, who thought it wise ...
Popular sports betting company DraftKing has taken a step further into the world of cryptocurrencies and blockchain by becoming a full validator for Polygon Network, an Ethereum-based scaling platform. The firm, whose market capitalization currently stands at $20 billion, announced that scalability remains a challenge in the blockchain space, noting ...
Blockchain is a multi-purpose technology that has different applications. One of such applications is its use in the protection of royalty and copyright. This article talks about the challenges of the existing Intellectual Property Rights (IPR) system and how blockchain technology can make it more efficient. Let’s dive in! Intellectual ...
