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 »Search Results for: blockchain technology
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 »Blockchain Water Management: There is a Need For Latest Innovation Now
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 »Layer 3 Blockchain: How Far Have Crypto Came Till Now?
Scalability has become an even more stressful issue as the crypto space goes through increased customer demand. Many of us have been accustomed to terms like “layer one” and “layer two” protocols in the blockchains across the globe. Blockchains must be very safe because of the lack of a centralized …
Read More »Public Blockchain
A Public Blockchain is a blockchain or decentralized platform that can be accessed by everyone. It is completely permissionless (which means anyone can join, write and read the information on the platform). They offer greater transparency as compared to the private networks and are more decentralized as anyone can join …
Read More »Notarization on Blockchain
It simply makes use of the intrinsic nature and advantages of the blockchain technology for letting anyone create a timestamped artifact. It is completely decentralized.
Read More »Layers Of Blockchain
Blockchain consists of a couple of layers that performs individual functions of the blockchain technology. Layer 0: It is the network framework and the first layer running beneath the blockchain. It is made up of connections, protocols, hardware,miners and all things that form the foundation of the blockchain ecosystem. This …
Read More »Byzantine Fault Tolerance: Is BFT Important In Smooth Blockchain Performance?
The blockchain technology introduction in 2008 with a whitepaper on the peer-to-peer (P2P) electronic cash systems by Satoshi Nakamoto had changed the perception of technology. Over the years, blockchain technology has found several noticeable applications across several sectors other than finance. Slowly, Byzantine Fault Tolerance was included in blockchain. Keeping …
Read More »Blockchain In Space: How Can This Tech Bring Latest Developments?
Digital currency, blockchain, and decentralized data are all buzzwords that we have seen floating around in recent times, but the technology is so latest that it is difficult to see direct applications to our lives even in the exploration of space. But what is the future of blockchain in space? …
Read More »Blockchain Security: The Definition & Its Importance In Cybercrime
Proponents of blockchain which is a distributed ledger technology claim it to be among the best ways to safeguard transactions. How exactly does blockchain security work for government agencies and business networks, beyond transaction and traditional processes? The blockchain technology has been in effect since around the year 1991. The …
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