Blockchain is an open-source database where individuals and businesses can collaborate. People on a blockchain network are connected through a project with no need for any previous affiliation. Blockchain is a decentralized network; no single entity is in control. This…
Blockchain and peer-to-peer technology in bitcoin – their pros and cons
The word Blockchain is related to the cryptocurrency bitcoin. Whenever we talk about bitcoin, we talk about Blockchain technology. Though, the technology of Blockchain was created many years before the creation of bitcoin. In 1982, David Chaum, a cryptographer first…
Launder Trading Generates Distrust in the Blockchain
Trading has become, for many, a new way to earn additional income. Still, although many want to obtain significant returns on the largest virtual currency, it is necessary to prepare to achieve these goals. The digital financial market led by…
Tips To Manage Blockchain Property
In the real estate market, a strong security system is a must. While the traditional real estate market is slow to adopt blockchain technology, it can offer several benefits. First, the technology ensures that data shared among the parties is…
Interoperability Issues In Blockchain
Blockchain faces many challenges, such as interoperability issues. For example, how can blockchain scale interoperability? This question is still being explored by developers and researchers alike. A few possible solutions have been suggested in this post; we will discuss them.…
Games platform Ultra Adds blockchain technology
Ultra has announced the launch of Ultra as a fairer ecosystem for gamers and developers, making use of blockchain technology, allowing players to sell and trade digital goods that developers put on the platform, including games, DLCs, and virtual items.…
Are Blockchain and Cryptocurrencies the same?
Introduction The words blockchain and cryptocurrency have been trending for a long time now. These two terms are often used together, and many people often confuse it thinking they mean the same thing. However, these two are different technologies with…
What are the changes in the financial system due to cryptocurrencies and Blockchain technology?
Every day, millions of transactions totaling billions of dollars take place in financial services where business, security, transparency, and cost-effectiveness are top priorities. Every year, cybercrime affects 45 percent of financial intermediaries such as payment networks, stock exchanges, and money…
Encryption and Role of blockchain: Points to Consider
What is Encryption? Encryption refers to the technological process of transferring plaintext to ciphertext and back, which secures information and applications and makes it difficult for unauthorized parties to acquire encrypted information. There are two types of encryption processes: symmetric…
NFT Gaming for Beginners
On the blockchain, NFTs are digital collectibles that are one-of-a-kind. This property makes them appropriate for usage as characters, consumables, and other tradeable things in video games. In the game-fi world, NFT games have grown popular as a method to…