It is difficult to imagine a single day without water. Well, nearly 4 million people in Cape Town, South Africa woke up to this nightmare a few years back. Officials estimated that the city has close to 6 months of reserve left. Immediate actions are required to solve this crisis …
Read More »Search Results for: blockchain technology
How Important Is A Blockchain Bridge In Crypto Transaction?
Web 3 has entered into the ecosystem of L1 blockchain and L2 scaling solutions, each created with unique capabilities and also trade offs. As the amount of blockchain protocol grows, so does the demand to shift assets across chains. To cater to these demands we require a blockchain bridge which …
Read More »The Gold Industry Adopts Blockchain Now For Safer Operations
The gold sector is betting that the blockchain technology will help in keeping illicit bullion bars out of the international industry. For this reason, the gold industry adopts blockchain. The World Gold Council (WGC) and London Bullion Market Association (LBMA) are among the largest names in the gold industry worldwide. …
Read More »Distributed Ledger Vs Blockchain: Are They Really Different?
The technology of blockchain is highly famous because of BTC and other digital currencies. Many traditional centralized authorities like banks and governments are beginning to take an interest in this technology. A new term that has started to revolve around the crypto space is distributed ledger. What is it? And …
Read More »Why Is Everyone Talking About The Web 3 Technology?
The Web 3 technology is also known as Web3 or Web 3.0 and it is a term that you have heard numerous times lately. It simply implies the next iteration of the internet that encourages decentralized protocols and tries to decrease the dependency on big tech entities like Amazon, Netflix, …
Read More »pToken: Why Is This Approach Important In Blockchain?
As the decentralized economy grows, developers seek new and intriguing ways to unlock liquidity in the blockchain industry. Among these latest concepts, the pToken approach has proven itself as a significant technology to consider. This is a type of Ethereum token that portrays a 1:1 peg with another blockchain asset. …
Read More »Fastest Blockchains: These Are The Best Names In The Industry
In the crypto and blockchain space, speed is everything that matters. Naturally, the quicker the transaction can be fulfilled, the more effective the blockchain is. While TPS (transaction per second) has always been the ready parameter for several to evaluate speed, it is not always reliable. That is because the …
Read More »Blockchain Scalability Trilemma: Quick, Secure, And Easy Decentralized Network
In the respect of decentralization, scalability, and security, the Blockchain Trilemma implies a generally held notion that decentralized networks can only offer two of the three advantages at any given time. In this article, we will look into the idea of this matter, assessing all the most appropriate dimensions of …
Read More »What Are Blockchain Oracles And Its Endless Possibilities?
Blockchain oracles prevail to drive innovation in the latest and exciting ways. Oracles are mainly third-party data monitoring protocols or hardware that offer blockchain networks entry to external data. Oracles enable blockchains to be more agile and responsive to the scenario of their environment. As such, oracles are now among …
Read More »Origin Of Crypto: How This New Technology Changed The World?
Now popularly known as “Bitcoin Pizza Day”, was the first time BTC (now valued at $30,350.90), was used to buy something tangible. This marks an important event in the origin of crypto. To answer your question on what was the first cryptocurrency, it is Bitcoin. Origin Of Crypto: The Idea …
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