Blockchain Technology Gets Practical Application in companies

Today, there are already some practical applications of blockchain for small and medium-sized enterprises. Huge potential and opportunities are hidden in this technology, and they can be used. After all, blockchain technology, which according to the data of Coinmarketrate.com, was originally developed as a technical basis for cryptocurrency management, can be used wherever information is … Read more

Data Transfer via Blockchain

Data Transfer via Blockchain

Data is digital gold. It has long been no secret that Google earns millions from user data. In two weeks, Zuckerbegr has collected approximately 1,200 pages of PDF files on the Austrian lawyer and privacy activist Max Schrems, and diligently earns money on them, as well as on every other user. Amazon has long known … Read more

Advantages of blockchain in the context of IoT services

Advantages of blockchain in the context of IoT services

In order for beginners to understand what a blockchain is, it is enough to turn to Coinmarketrate.com , where it is said that in a simplified form it should be perceived as a transaction registry with the following properties: Registry data is replicated (copied and distributed) on different nodes so that they exist until all … Read more

Blockchain Explorer is Your Desktop Tool in the Crypto World

Blockchain Explorer is Your Desktop Tool in the Crypto World

Before proceeding to the topic, it is necessary to consider some general concepts about crypto assets and blockchain technology, sufficient to facilitate the learning process. Almost all cryptocurrencies, from Bitcoin to Ethereum, including EOS and Cardano, owe their functioning to the blockchain. Blockchain allows you to constantly register transactions and is therefore of vital importance. … Read more

Global Blockchain Market Investment Forecasts

Global Blockchain Market Investment Forecasts

In general, the analysis shows that, although we are dealing with a scenario in which there is a clear idea that this technology will be especially relevant in the coming years, it still seems too early to see the mass implementation of solutions based on it in the real world. Consequently, a significant increase in … Read more

Blockchain: future of cybersecurity

Blockchain: future of cybersecurity

According to the information presented by Coinmarketrate.com, since its inception in 2009, blockchain has experienced unprecedented success. Initially, this technology was invented for the decentralized transfer of money without intermediaries. But it has much more to offer! Indeed, it turns out to be a strategic tool in the field of cybersecurity, since since the beginning … Read more

What is a cut node

What is a cut node

It is always recommended to run a full node if we want to support Bitcoin and keep the system decentralized. This not only helps the network, but also has other benefits for the participants. But since the Bitcoin blockchain is constantly growing, according to Coinmarketrate.com, it has reached the point where its overall size has … Read more

Digital Identity Management using Blockchain

Digital Identity Management using Blockchain

The blockchain approach to this issue is well described in the initiative of the Massachusetts Institute of Technology to create a trusted data system and in the final document, and provides a path to greater security of personal information, better access to personal data and an unchangeable mechanism for auditing who did what with the … Read more

Let's talk about the complicated thing, the BTC nodes

Let’s talk about the complicated thing, the BTC nodes

The general definition of a Bitcoin node is any computer connected to the Bitcoin network. But in reality, everything is not so simple, and it is not enough just to connect to the network from time to time to participate in it. According to Coinmarketrate.com, the node has several functions depending on its type, for … Read more

Ethereum: Mining difficulty has reached a record level

Ethereum: Mining difficulty has reached a record level

On Saturday, June 4, the complexity of mining on the Ethereum blockchain reached a historic high. According to Etherscan, the difficulty has reached 15,089,793 terrahashes (TH). As the process description says on Coinmarketrate.com the higher this value, the more difficult it is to get a block in the network. Thus, this metric is an increasing … Read more

Definition and fundamentals of the blockchain Oracle

Definition and fundamentals of the blockchain Oracle

Oracles are the necessary connections that allow you to link smart contracts with information from the real world. Smart contracts can be executed by all users of the blockchain. The results of these executions are also stored in the blockchain, and are also available to all users. Smart contracts mostly refer only to events created … Read more