Essays on Blockchain

What exactly is Blockchain? The name blockchain has really been included in various social and business conversations in the past few years and almost everyone would seem to have heard all about blockchain technological advances, but a huge majority of the human population actually has...

Understanding Blockchain Technology Ever since the inception of the information era, we notice cutting edge innovations through all sectors aimed at making our day to day life easier, wherein money transactions play a major role. Although, there are numerous software applications and internet services which...

So what is blockchain? It’s the underlying technology behind cryptocurrencies like Bitcoin and Ethereum, but its uses go far beyond that. It all sounds complicated, but let me try and break it down into one sentence, an important concept that you need to remember is...

One of the technologies that will potentially bring the greatest impact in the next few upcoming years has arrived. It’s not the social media, it’s not robotics, nor is it A.I, but rather the underlying technology of Cryptocurrency called the blockchain. I believe that this...

Introduction Many enterprises have been having issues incorporating their operations into the blockbuster or the other way round. They often get confused when they need to hire developers to build their own block-chain app which developers do find uneasy due to complexities involved to have...

Ten Best Projects of Blockchain Technology Blockchain is getting bigger bit-by-bit and so is the demand for this technology. Best known for supporting Bitcoin, blockchain technology is being accepted by many massive tech giants like IBM and Microsoft. Reportedly, IBM was one of the first...

There’s no gainsaying that blockchain has made phenomenal progress since its inception in 2009. While Bitcoin initiated the concept of decentralized currency, Ethereum which sprung up in the second generation facilitated the use of smart contracts—the whole blockchain concept has imbibed into the global community...

“The blockchain is the most consequential technology since the internet. The internet is programmable information. The blockchain is programmable scarcity.” — Balaji Srinivasan, CEO of 21.co What is Blockchain? Blockchain is a type of data structure that’s used to create a digital ledger of transactions...

INTRODUCTION TO BLOCKCHAIN Blockchain is defined as a dispersed database clarification preserving an expanding number of files and documents accepted by the junctions engaging in it. The data is documented in a people’s log, consisting knowledge regarding each accomplished financial bargain. Blockchain is a redistributed...

The block chain will not be centrally managed. This will give employees full control over their operations, as well as freedom from taxation.Smart contracts. Users of the network will work on the basis of a consensus protocol of trust, mutual understanding, transparency and compliance with...

The convergence of individuals into the digital currency showcase has made a cosmic ascent in the appropriation of blockchain innovation. Various supporters, speculators from various field of callings and organizations around the globe have grasped new mechanical advancement which has reshaped the world. One firm...

One of the advantages of blockchain technology is the opportunity to put a digital tag onto objects and document allowing to track movements either physically or online. This feature opens huge possibilities in the joint work of blockchain and law, one of them being the...

History is debatable but it is believed that more than 2500 years ago, the first coins were introduced and about 1400 years back, the Chinese were the first to use paper bills (mostly in the form of privately issued bills of credit or exchange notes)....

Founded by Phil Zamani, the COO of Blocko, Hun Young Park the CTO of Blocko and Roderik van der Graaf, advisor to blocko, Aergo has all the right ingredients for a successful run, it has all the right technologies in place, it has significant funding...

It has been something of a rougher than expected year for Block Chain currencies. From being worth $20,000 at the end of 2017, Block Chain currencies had plunged to less than $6,000 by the summer of 2018. Bitcoin itself is down 3% on a 24...

With the blockchain innovation that is one of the greatest developments that have given us mechanical advances and the Internet, digital forms of money have started to enter our lives. In this article I will endeavor to present the Distributed Credit Chain venture. Dispersed Credit...

Blockchain Innovation has stood out as the premise of digital currencies, for example, Bitcoin, yet its capacities stretch out a long way past that, empowering existing innovation applications to be inconceivably improved and new applications never already down to earth to be conveyed. Otherwise called...

Blockchain is perhaps one of the most creative inventions of recent times. It was initially built for Bitcoin to store its transactions, but its potential could be further maximized. It was designed by a group of people who go by the pseudonym of Satoshi Nakamoto....

Security Concerns in Blockchains Although blockchains have been applauded as effective replacements of traditional systems data storage systems, through their transparency approach, they have introduced a new variety of security risks as will be demonstrated in this section. Blockchains’ transparency is one example of these...

The main use case that is focused on when looking at the possibilities of blockchain for banking is that of payments. Blockchain could be used as “another way of paying each other, not depending on SWIFT and other payment schemes.” There is a potential role...

The establishment of online shopping has really helped to ease the stress coupled with buying of goods and services, it introduced a new and easy mode of shopping which really gave users satisfaction. Of a true,the establishment of online shopping,made easy the lives of millions...

Electroneum has been making a big impact in the payment market and has seen the coin gain a lot of attention and attraction and the price growth has been steady in a relatively bearish crypto space. The coin has jumped to become 63rd of the...

GENERAL VIEW The massive success of the blockchain industry in 2017 has steered up the interest and acceptance of individuals, organizations and some governments. Furthermore, since 2017 till now, the technology has been used to subdue the centralized model of operations that has kept a...

One of the most important trends in recent years has been the rising trend for businesses and governments to release their own data into the remote for public consumption, and for developers to build their own apps on top of this. APIs are the most...

There has never been a time the world is as information savvy as it is now. Acquisition of data is the key to retaining current customers or acquiring new ones. Believe it or not, the need for data has been on the increases on a...

Cryptocurrencies are fundamentally changing the nature of economic transactions in the world. They are also challenging the traditional power balance in a society where the dissemination of money is controlled by central authorities. Governments at all levels all over the world are unsure how to...

A decade after the birth of the Bitcoin (BTC) protocol, there are still many unknowns around this technology and its benefits. Is the blockchain technology today what it promised it would be in its first days of existence? Since blockchain technology emerged in 2009 with...

Overview Since the advent of the digitalized-system in 2009, starting with Satoshi-innovation, the ledger-world has experienced quite a huge increase that cannot be overemphasized. And today, we can account for several ventures that have emerged in the name of the block-chain system. However, we cannot...

Bitcoin and Cryptocurrency Bitcoin and cryptocurrencies are the new buzzword today, almost everywhere people are talking about bitcoins, especially with the examples that someone has made millions in just one or two years by smartly investing in bitcoins. It definitely creates curiosity to others if...

A study of the cryptographic money scene uncovers no lack of an interesting and valuable framework that plan to unravel particular issues. There are project promising namelessness, speed, decentralization, less demanding mining, or versatility, yet few of these are a great possibility for far-reaching selection...