When it comes to blockchain, facts and myths are sometimes far apart. But it also happens the other way around. Let’s look into this issue together. The myth of decentralization The decentralized nature of the blockchain gives the technology a special charm. According to this argument, so far no central authority can control the process … Read more
Tag: Blockchain
Today, the world is on the verge of total tokenization. From online games to corporate-level business tokenization solutions, everything requires an individual and careful approach. Many developers offer their products as an affordable way to solve these issues, but also many such solutions become an obstacle for business. The exorbitant cost of entering the market, … Read more
Sustainable economic models are becoming increasingly important for companies and end users. At the same time, blockchain technology is seen as the main topic of the future, although it is often associated with high energy consumption and low environmental compatibility. It is true that blockchain does not have a good reputation because of its ecological … Read more
First of all, we already know that cryptocurrencies work thanks to the blockchain: it is a registry that lists all transactions related to the project (cryptocurrency). It has been updated on thousands of computers and servers around the world. Imagine a series of blocks into which all transactions are entered. All these blocks will be … Read more
Decentralized storage methods are available in some projects listed on Coinmarketrate.com, and have clear advantages over existing cloud systems. Increased security, saving space and time. These are the databases of the future. Let’s get acquainted together with some projects that seek to offer online storage thanks to the blockchain, and let’s start with the basic … Read more
Bitcoin’s revolutionary contribution was to create a means of building trusting relationships between participants in an open, “permission-free” environment. Anyone can join the Bitcoin network and become a Bitcoin miner to compete for a reward in the BTC, and contribute to the registry by providing proof of the completed “proof of work”. However, currently many … Read more
Artificial intelligence (AI) and blockchain technologies are among the revolutionary trends in the field of IT of our time. All industries, research institutes and public organizations are doing this in order to have a good position in the future. Thanks to solutions with a distributed registry or blockchain, confidential data remains strictly confidential, and at … Read more
There are several common features in life, regardless of who we are and where we live. Perhaps one of the most important points is that we all use some form of money to purchase things that we need in everyday life. Some of us use credit cards, while others use cash. Even people who currently … Read more
In response to the shortcomings of Bitcoin, the Lightning Network was developed with the aim of increasing the speed of transactions. In addition to increasing the speed of the script, the Lightning Network is taking impressive steps to increase privacy and anonymity for users. Since its launch, it has grown by leaps and bounds, reaching … Read more
Organizations have several options for choosing the type of crypto token. The token economy they choose affects the probability of success for the organization. Tokens are the fuel of a decentralized economy. The use of tokens, and technologies such as blockchain, can significantly reduce the cost of safe and reliable token exchange. The potential for … Read more
The Helium blockchain is the host for the Helium Network, which in turn supports a decentralized connection-oriented network known as The People’s Network. As a decentralized machine network, The People’s Network allows anyone to connect to the network using physical Helium Hotspot devices. This is a revolutionary solution: the cost of connecting to The People’s … Read more
OVR is an open source global augmented reality (AR) platform that creates a decentralized infrastructure for an Ethereum-based spatial network. Combining the physical and virtual worlds, OVR provides all the tools necessary for the decentralized creation of an immersive interactive experience and virtual reality. With technology compatible with mobile devices and smart glasses, OVR offers … Read more
The initial reaction of major financial institutions to blockchain and cryptocurrencies was, how should I put it mildly, less than enthusiastic. However, today, ten years later, some of them consider blockchain an integral part of their infrastructure. Banks understand that the adoption of digital currencies is only one step towards securing their place in the … Read more
Back in 2009, the original Bitcoin blockchain was launched. It was born due to the shortcomings of traditional financial markets and fiat currencies. Together with its launch, a new technology was born, which will be adopted by thousands of enterprises and millions of people around the world. Blockchain, a type of distributed ledger technology (DLT), … Read more
Cryptocurrency giveaway is a free distribution of pre-mined coins to the blockchain community. Airdrops usually occur after the blockchain launch has completed the ICO, and the token is available for trading on the open market. Crypto Airdrops: how does the distribution of coins work When a startup or projects decide to conduct an airdrop, they … Read more