Blockchain introduction Blockchain is a decentralized and unalterable digital ledger or distributed database that ensures secure and transparent recording, verification, and storage of information. It operates through a network of computers, or nodes, with each node having a copy of the entire chain of blocks. Within the blockchain technology, each block contains a list of […]
Layer 0 Blockchain Protocol The Blockchain ecosystem works on multi-layered architecture that includes many protocol layers. These protocol layers consist of specific and unique purposes and functions. From the multi-layered architecture, the Layer 0 Blockchain forms the essential infrastructure upon which other layers operate. Let’s explore the multi-layered architecture of blockchain, what is Layer 0 […]
Can Blockchain Services Disrupt Global Finance? Blockchain services have the potential to disrupt global finance in radical new ways. Instead of substituting the already existing system, it forms an entirely new market and an avenue to bank the unbanked. Blockchain is forming new financial solutions that scale faster, are cheaper, more secure, and are accessible […]
Product Ownership Management System Based on Blockchain POMS stands for product ownership management system. POMS systems can be used to verify the original ownership of the products. These systems are useful in eliminating counterfeit products from the market. Counterfeiting products, such as expensive and branded goods, is one of the most serious and difficult problems […]
How Blockchain Can Help With Carbon Sequestration The effects of greenhouse gas emissions are being felt all over the world. Even our most basic activities have subtle carbon emissions that we are not fully aware of. Every financial transaction we make leaves a carbon footprint, from filling up our car with gas or booking a […]
The Challenges of Blockchain Interoperability According to a survey earlier this year there are about 9150 active blockchain projects in the GitHub repository. Each one of these projects has its protocol and programming language to ensure security, scalability and privacy. To make these blockchain projects future-proof they should be standardized, thereby allowing them to interact […]
Will Blockchain address the existing issues of KYC? At a time when digital innovation has managed to percolate into every sphere of our life, security has grown as a major source of concern. From terrorism to money laundering and data leak, security is being compromised at different levels. The policy of KYC (Know Your Customer) […]
Impact of Blockchain in Human Resource and Recruitment Solutions Blockchain in Human Resource Management will help recruiters find “diamonds in the rough” Organizations that recruit based on verifiable credentials can find candidates who are overlooked by other organizations that focus only on traditional education and resumes. This provides a competitive edge over hiring from a […]
Constantinople Hard Fork and Thirdening – the transition from PoW to PoS The Constantinople upgrade for Ethereum that was to take place on the 16th of January 2019 at block #7080000, has been delayed again due to security vulnerabilities in one of its software update. In view of this hard fork update that might occur soon, […]
