What are flash loans? Flash loans are uncollateralized loans that have been introduced via decentralized finance which originally strives to make traditional financial instruments available over the distributed, permissionless, and trustless blockchain network. In 2019 a risk-free borrowing mechanism was introduced by Marble Protocol, on the Ethereum blockchain which was called a “smart bank”. The […]
How can DeFi drive Financial Inclusion? Decentralized finance aims to deliver traditional financial instruments without interference from intermediaries or controlling authorities. It leverages blockchain technology which entails reduced costs and lowered entry barriers. This results in opening doors for the financially marginalized to participate in the new-age economy As per World Bank, 1.4 billion adults […]
Can Tokenless Voting Resolve On-Chain Governance Concerns? The mechanism of implementing and managing the updates to a blockchain protocol, to propel its evolution and ensure sustenance in the competitive digital space is called governance. Previously, this decision-making was controlled by the few developers who used methods such as social platforms, word say, offline voting, blogs, […]
Is NFT revolutionising the Patent Law? Yes, the NFT Marketplace development has been evolving in every possible sector, and recently, it has entered the patent space by taking over the world of Art and Technology. With this evolution, the opportunities and challenges pertaining to patent law have also been highlighted. The patent enables the NFT […]
Web 2.0 Vs Web 3.0 – Which one should you choose? With the passing of years, we have been experiencing different innovations and stages of the internet. As we look into history, the first ever stage of the internet is Web 1.0. It was the era of read-only web and static websites. The main objective […]
Is NFT the new hot for hacking? Currently, the NFT marketplace is overflowing with a large number of creators, collectors, and investors. With this much amount of money flowing through, how can’t it be the hot target of hackers? Recently, it was reported that OpenSea, the biggest NFT marketplace, was compromised by attackers in May […]
Introducing Web 3.0 to Smartphones – Are Solana and polygon coming together? Cryptocurrency has been in a run for a while now and the key concern users have is the security of the private keys. Not only computers and laptops but also smartphones have been in this race for a long time. Our standard smartphones […]
Wash trading in NFT? As the NFT marketplace is growing at an exponential rate, it is common to see new vulnerabilities emerging every day. The NFT marketplace is an online platform where people sell their digital assets. One of the common scam practices that are popular in the NFT marketplace is Wash Trading. Wash Trading […]
Will NFT recover and go up in value? The smoke from the NFT marketplace left last year, can be seen picking fire in mid-2022. As we all know, the Non-Fungible Tokens started cooling down in May 2021 after the big explosion in March 2021. Only 19.4 million USD in NFT was sold in the last […]
