What is ERC 20 Token? ERC 20 (Ethereum Request for Comment) Tokens are used in Ethereum as a common cryptocurrency on its blockchain system. These tokens can be purchased, sold, or exchanged. Ethereum was first released in 2015, and since then, it has been one of the most common cryptocurrencies. Tokens reflect a wide variety […]
Stablecoins in the banking business has recently received considerable attention. However, you must know all the upsides and downsides of Stablecoins before putting your bets on stable coins. Bitcoins investors have to experience considerable volatility in prices and this has a significant effect on their investments. Meanwhile, stable coins main objective is to control volatility […]
NFTs – You may have heard of them, but most likely, you have absolutely no idea what they are. And while NFT stands for non-fungible token, that probably didn’t help explain very much, either. Yet a CNBC report on NFTs reveals that sales topped $2 billion (£1.43 billion) in the first quarter of 2021 — 20 times […]
In blockchain’s ecosystem, with modifications(s) happening since its inception, the need for cryptocurrencies and stable coins to get inter-changed for transaction purpose/s without much friction has come up recently. Separate industries experienced success individually with regards to transparency and accountability. To get economies of scale, the advancement of decentralized exchange trades (DEX) like dYdX have […]
What You Need to Know Before Using Blockchain Tech in Your Business Whether it’s because it attracts more clients or makes your processes more efficient, incorporating the right technologies can help your business succeed. One such technology is blockchain. Indeed, Yahoo states that the global blockchain market size is expected to grow to $39.7 billion in 2025. […]
Bitcoin whales: Who are the most significant players in the cryptocurrency market? Bitcoin price is subject to incredible volatility. During the day, it can rise by 30% and then fall by 20%. One of the things which can be a reason for BTC price rise is the owners of large amounts of Bitcoin. They are […]
In Marketing/Advertising there’s a saying, “for a product/service to be successful, the specifications need to be relevant, but more importantly, the communication process requires equally if not more focus” (paraphrasing). Similarly, with the decentralized technological platform(s) and applications becoming modified constantly, an appropriate mixture of context and content needs to be applied for the potential […]
Just like software requires regular updates for efficient functioning, similarly, decentralized platforms and applications deployed on it follow a similar pattern. The most researched topic recently has been defining, designing, and building a good decentralized network custodian concerning incentive alignment. Open-source platforms in majority to date have been able to build and deploy platforms and […]
Long gone are those days where financial institutions used to assist in almost every step in one’s life whether it be regarding healthcare, corporate or personal relationships, supply-chain of daily products/services used, etc. In a sense, the centralized framework or authoritative architecture is being re-looked/revamped/re-structured holistically. The most appropriate alternative at the moment is the […]
What is Blockchain in Reality? Blockchain has been at the receiving side of the humungous attention since bitcoin started becoming known and popular. Like many news channels over hype and focuses less on the details, a similar scenario could be said to be happening in the overall blockchain ecosystem as well. To give a quick […]
