“We are now living in the history-making of money, started with goods exchange, to using gold or silver, then paper notes, plastic cards and now digital currencies.” It has almost been a decade since the anonymous person by the name of Satoshi Nakamoto coined the idea of a P2P electronic...
Explained
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 Twitter or own website or blog for writing reviews on Chinese food and restaurants in America. You gain income by...
Current IoT limitations Thousands of IoT (Internet of Things) connected sensors and smart devices are being deployed on a daily basis in homes, cities, offices creating opportunities in cutting costs, reducing energy consumption, improving efficiency and customer services. With this rate, IoT could have as many as 50 billion connected...
Blockchain brings digital technology into real-time computing systems management. Digital technology is dominating the world. The old mainframe digital technology managed data in batches, now digital data is managed in real time over the Internet. Blockchain brings digital technology into real-time computing systems management. It has the ability to change...
The Byzantine Generals problem is about the dilemma in which a group of generals, each commanding a portion of the Byzantine army, encircle a city. These generals wish to formulate a plan for attacking the city. In its simplest form, the generals must decide only whether to attack or retreat....