Search Results for: blockchain technology

Token Issuance

It is referred to as the process of creating brand new tokens and adding them to the complete token supply of a cryptocurrency. It is one of the most important processes in the blockchain technology and cryptocurrency world.

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Token Economy

It refers to the economy of the goods and services that have been tokenized and that it runs without the intermediaries and the third parties with the aid of the blockchain technology. Both blockchain and the token economies offer a solution in the bid to bridge the digital and physical …

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Ethereum Whisper: A Better Change In The Messaging World

ethereum-whisper

The distributed ledger system that supports blockchain technology has lately caught the interest of Wall Street. The power for disruption in the financial system and beyond that is becoming more strong with each passing day. The potential that blockchain holds is high ranging from cross border payments to settlements to …

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Sybil Attack

The Sybil Attack undermines an online network by creating many IDs, nodes or accounts to upset the balance of power. The tactics are utilized to acquire influence or power over a network. The Sybil Attacks attempt to centralize the power in these decentralized networks and the blockchain technology can be …

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Regional Currencies

Also known as the local currencies or the community currencies, they are  means of goods exchange that is used in specific geographical locations. These are usually created for a lot of reasons that include encouraging spending within the local businesses and groups as well as distrust in the local tender …

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Prediction Market

It is a platform or exchange-traded market where the future outcomes of the events are traded. It indicates the confidence of the mass in a specific future event. They rely on the big sample sizes. Thus, as more people participate, the more data they will have and the more accurate …

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IPFS

The InterPlanetary File system is defined as a peer-to-peer (P2P) distributed system that is used for storing and accessing files including the websites and applications. It relies on the blockchain-like system and content addressing rather than the location. Flexibility and security are the two common factors that are promoting its …

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Interoperability

The blockchain operability or the cross-chain interoperability is the capability to see as well as share the information across multiple blockchains. One of the straightforward benefits of blockchain interoperability is to be able to trade assets across various blockchains without the requirement for a centralized or custodial exchange. This capability …

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