Tag Archives: technology

As China’s CBDC (Central Bank Digital Currency) undergoes technological and business model changes, the market should open up the possibility of incorporating CBDC or digital Yuan into all online retail payment modes, Changchun Mu (Founder and Director of PBC’s Digital Currency Research Institute) said on the 3rd of September, 2023. …

Blockchain and AI are the two most trending technologies in the current scenario. These two famous technologies, when mixed, can offer some great results and can be utilized for several purposes that include supply chain logistics, financial security, creating varied datasets, and many more. With that, we will have a …

People can select domain names that are convenient to remember for their wallet addresses because of the Ethereum Name Service (ENS). The secret behind this technology is utilizing a computer to know about this domain.  When it is to the Web 3 communication, ENS holds the ability to make all …

Even though the technology of blockchain was first invented for constructing open and public trustless networks, it is presently developing towards private and permissioned platforms for enterprises. The last few years introduced new blockchains for executing business-ready solutions supporting entities to construct new structures of cooperation. One of the most …

Child labor is still disturbingly prevalent across the globe. For the World Day Against Child Labor, we will look at the effectiveness of blockchain in child labor, and allow children to “work on their dreams, and  not on fields.” Blockchain In Child Labor: The Issue The DRC (Democratic Republic of …

When blockchain first began to evolve, experts only anticipated that it was limited to the financial sectors. But with time, this technology started to push for adoption in several industries beyond finance. At this time, the food industry seems to be one of the most associative destinations for the blockchain. …

One of the exciting facets of Metaverse is that it is not real and nobody can agree on its accurate definition, but there are a lot of people who are really thrilled about this technology. And because there are so many people who are excited, the hype may develop the …

Blockchain technology can improve the primary services that are important in trade finance. But what is blockchain? The blockchain technology depends on a digitalized, decentralized, and distributed ledger structure. By its nature, it is more secure and robust in comparison to the proprietary, centralized structures which are presently used to …

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 …

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 …