Introduction to distributed network: A distributed ledger is a type of database that is shared, replicated, and synchronized among the members of a decentralized network. The distributed ledger records the...
Currently, the global economy is undergoing the largest technological transformation in history, and new ‘‘disruptive innovation’’ is transforming economic activity by creating simplicity and accessibility. According to ARK’s research following...
Security token has been attracting a wealth of coverage in recent months. Traditional paper-backed assets such as a company’s shares or bonds suffer from poor liquidity, a lack of transparency,...
Blockchain (or distributed ledger) technology has the potential to drive innovation across a range of industries. The amount of people utilizing blockchain at the moment is relative to the number...
How centralized banking system looks? Let’s understand this complex traditional banking system by breaking it down layer-by-layer. Layer 1. Say Bob wants to pay Sasha 10$. Both hold an account...
To understand what problem Bitcoin miners solve we have to first understand what SHA-256 is SHA-256 stands for “Secure Hash Algorithm” which is a Cryptographic Hash Algorithm. A cryptographic hash...
Gaming Potential For Blockchain As Real Adoption:Undoubtedly, blockchain is still on the look-out for its mass adoption, a perfect use-case that can set its path to becoming a usable technology...
Currently, the transactions in blockchain like Bitcoin or Ethereum are public. Neither companies nor individuals are particularly keen on flashing their information onto a public database that can be read...
A consensus mechanism is used in blockchain systems to achieve the necessary agreement among distributed systems or participants on a single data value or a single state of the network....
Tokenization – [inlinetweet]”Creating an economic incentive for certain behavior”[/inlinetweet] Let’s assume you are a content creator with a large following (let’s say 1 Million+) in your social media channels like...