A smart contract is a blockchain-based contract with the property of self-execution. In a smart contract, the terms of the agreement between the seller and buyer are directly written in the contract’s code. Smart contracts allow for the automation of contract execution and enforcement, reducing the need for intermediaries and increasing the speed and efficiency…
A cutting-edge decentralized crypto-biometric network, Humanode combines personal biometrics, a Blockchain platform, and cutting-edge encryption. The project is envisioned to develop a decentralized ecosystem that is solid and durable and based on the presence of numerous human beings as nodes. The founder of the Paradigm research center had the idea for the Humanode program in…
Blockchains could handle limited transactions in one second. For example, the Bitcoin network can process approximately 7 transactions per second. The world is looking forward to adopting Blockchain technology in mainstream applications, and this transaction limit hinders global adoption as it should be much more capable. For instance, if Blockchain technology is adopted globally, it…
The last two years have seen several legacy brands embracing web3 technologies like blockchain and NFTs. Coca-Cola sold its NFTs in July 2021 and donated the earnings to Special Olympics International, followed by the Nike Cryptokicks collection, where it sold NFT sneakers for a whopping $130000. Gucci has also implemented directory technologies in sculpture, digital…
The decentralized autonomous organization, Game7, is operating actively in the web3 gaming space. The brand has now announced a grant program to nourish the development of metaverse gaming with web3 Technologies. The firm said that this grant would accelerate web3 gaming community development. They announced the grant with a tweet saying, “we are putting web3…
The Elynxir, a music metaverse game from Richie Hawtin and Deadmau5, is set to launch this week through AR. The Elynxir is a part of Pixelynx, a music metaverse company founded by Richie Hawtin and Deadmau5. The launch act will be powered by augmented reality, and a scavenger hunt will be organized in Miami, where…
The rise of NFTs coincided with the cryptocurrency market’s explosive growth. Bitcoin, the most well-known cryptocurrency, has surged in value from around $1,000 in January 2017 to more than $60,000 in March 2021. NFTs are now the latest tools that individuals and enterprises are using to reach their audiences, and they are quickly gaining popularity….
Have you ever wondered what you would do if you owned a physical collectible in the form of any artwork, music album, rare design, or anything worth millions of dollars? The first step while collecting such collectibles is to store them in the right place with optimum security. Now let’s replace the word ‘physical’ with…
Casper Association has announced the launch of its ‘Casper Accelerate Grant Program.’ This program has a $25 million grant to support Casper innovators and developers. They will use this grant money to develop end-user applications, build infrastructure support, and focus on innovative research. JUST IN from @nextblockexpo: We're glad to announce the launch of a $25M…
Developers use various blockchains to develop non-fungible tokens (NFTs). Each has its unique set of advantages and disadvantages. Therefore, it is important to understand the distinctions before one chooses them for development. This blog will explore the most used blockchains for NFT development. Ethereum: Ethereum is the most popular blockchain for developing NFTs. It’s well-established…
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