Tag Archives: technology

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 …

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. …

The crypto space is evolving, and presently people are eager to get into this space. Crypto stands for all cryptography applications that include DeFi which is similar to the traditional banking and financing notions except on the blockchain technology. The advent of DeFi tokens has created a frenzy reminiscent of …

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 …

Hodling is the favorite activity of the long term crypto investors. However, keeping your assets in the crypto wallets for many years can have negative effects as well. Firstly, unless their value rises, you do not receive any profits. Secondly, it restricts the market liquidity and hence affects its growth. …

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 …

Using a smart contract on the blockchain without auditing can imply suicide for most projects. Presently, hackers are constantly searching for potential vulnerabilities and code errors. Along with that, most users have the required experience to know that they cannot trust unaudited crypto protocols and DeFi. So in this article, …

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 …

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, …

DeFi (decentralized finance) has been making headlines for the last year and has heavily gained market capitalization and users. DeFi implies financial services using smart contracts. These contacts can be enforced automatically that do not need an intermediary but depend on the blockchain technology instead. From December 2019 till now, …