Jul 17, 2023
Smart Contracts in Business: Automating Processes and Ensuring Efficiency
Smart contracts have emerged as a transformative technology in the business world. By automating processes, increasing transparency & reducing costs, smart contracts offer significant benefits to businesses. While challenges & limitations exist, the future prospects of smart contracts are promising....
Jun 01, 2023
Securing Business Transactions with Blockchain Technology
As the world increasingly embraces digital transactions, securing business transactions is crucial for maintaining trust and protecting sensitive data. Blockchain technology provides a robust solution by offering transparency, immutability, and enhanced security....
Feb 02, 2023
Top 5 Blockchain-as-a-Service (BaaS) Providers in 2023
BaaS has gained significant recognition in technology due to its benefits to businesses, including improved visibility and traceability, increased speed, trust, and security and privacy. Businesses are increasingly eager to embrace blockchain technology, but the......
Jan 30, 2023
What Are Blockchain Oracles and Why Are They Important?
Blockchain oracles are entities and interfaces that connect blockchains to external systems, allowing smart contracts to execute commands based on real-world inputs and outputs. In other words, blockchain oracles are third-party systems that bridge the gap between data from the outside ......
Jan 28, 2023
Let's Play Crypto: An Exciting Way To Introduce Your Friends To Cryptocurrency
So, after several failed attempts to explain cryptocurrency and how it works, I decided to ditch the technical jargon and crypto lingo I was trying to impress them with and explain it to them as if they were 5-year-olds. Here's how I talked to my friends about cryptocurrency!...
Jan 24, 2023
What Are Parachains? - Understanding Polkadot and Kusama Parachains
A Parachain is a blockchain that runs parallel to the main relay chain and is connected to it through a mechanism called "collators." These collators are responsible for creating and validating blocks on the parachain and submitting them to the relay chain for final confirmation....
Jan 18, 2023
What are Crypto Blockchains and Tokens?
A blockchain network is a decentralized, distributed ledger that records transactions on multiple computers. On the other hand, a token is a digital asset representing ownership of a particular asset or utility, which is cryptographically provable on the blockchain....
Dec 21, 2022
What is the InterPlanetary File System (IPFS), and What is It Used For?
IPFS uses a decentralized network of computers, called nodes, to store and share data. When a user wants to access a file on the IPFS network, they send a request to the network, which is then forwarded to the nodes that have the file....
Dec 20, 2022
Top 5 Web3 & Blockchain Trends to look out for in 2023
In 2023, we can expect to see further growth in the adoption of DeFi, as more people become aware of the benefits of decentralized finance and the potential for creating new financial instruments. This trend is likely to be driven by the increasing availability of user-friendly DeFi applications...
Dec 19, 2022
A step-by-step guide to owning a unique (.eth) username via ENS
search for the .eth domain you want to purchase. If the domain is available, you will see a "request to register" button next to it. Click the button, and you will enter a waiting period of one minute; if no other bid comes in within this period, you will be allowed to complete the purchase....
Dec 15, 2022
What Are Web3 (Blockchain) Domains? How Do They Work?
Web3 domains work by using a decentralized domain name system (DNS) that is built on top of a blockchain. This decentralized DNS allows users to register and manage their own domains without the need for a central authority....
Oct 25, 2022
Decentralized Apps (DApps) - Features, Merits, and Drawbacks
Decentralized applications work differently; instead of using HTTP for communication with centralized databases, they communicate with the blockchain, which is a decentralized database having several nodes (up to hundreds or even thousands) which can hold data over a distributed network...