Key components of dApp: NFT Marketplace, DeFi, and GameFi dApp industry has been showing significant signs of growth in different sectors, such as DeFi, GameFi, and the NFT marketplace. Each sector has different and unique dApp components to achieve high reliability, security, and privacy. The following blog provides a brief about how these dApps are […]
10 Ways to Improve Your dApp UI What is a dApp? dApp refers to a common abbreviation for decentralized application. It is a digital application that executes on the blockchain or peer-to-peer network of computers instead of a single computer. Creating dApps includes a combination of the smart contract residing on the blockchain with a […]
What is a blockchain oracle and how does it work? A blockchain oracle is a third-party service or software that provides off-chain data to a blockchain smart contract. The decentralized web3 ecosystem requires access to existing legacy systems, advanced computations, and data sources. Decentralized oracle networks facilitate the creation of hybrid smart contracts. Hybrid smart […]
What is Shanghai’s hard fork on Ethereum? On April 12, 2023, Ethereum will undergo its first major upgrade, also called a Shanghai’s hard fork, since September when it switched to a proof-of-stake system. Ethereum’s upcoming “Shanghai” upgrade will allow validators to withdraw 16 million staked ether (ETH) once it is complete. So, what exactly Shanghai’s […]
How to Launch your own successful NFT Project? NFTs have all eyes set upon them for a good reason. NFTs took the world by storm in 2021 for their unique way of interacting with digital content and assets. There are several trends and advancements to be on the lookout for as we anticipate the future […]
EU’s Smart Contract ‘Kill Switch’ In recent years, smart contracts have gained popularity as a secure and efficient way to execute transactions without the need for intermediaries. However, as with any technology, there are risks involved, and the European Union (EU) has taken steps to mitigate some of these risks. On March 18, 2023, the […]
A Deep Dive Into Uniswap Uniswap is an automated liquidity technique that relies on a fixed product formula. It is executed in the Ethereum blockchain-based system of non-upgradable smart contracts. The following blog provides a deep understanding of the Uniswap platform by providing details about the history of Uniswap, its features, working, and how to […]
Welcome to our Web 3.0 Business Models blog, where we explore the exciting world of decentralized technologies and their potential to transform traditional business models. As we enter the era of Web 3.0, we see a fundamental shift in the way businesses operate, driven by the adoption of blockchain, decentralized finance (DeFi), non-fungible tokens (NFTs), […]
What will happen if zkKYC is applied to DeFi The reluctance from the DeFi industry is high as a KYC by nature is anti-anonymity. Whereas, the regulatory authorities are hoping zkKYC would bring some amount of “control” over the unregulated digital realm of money making. How did DeFi reach here? In the first half of […]
