What algorithm is adopted to protect the security of Blockchain?
If you have been following cryptocurrency over the last decade, you must have heard the word “Blockchain”, the record-keeping methodology behind the Bitcoin network. Blockchain technology is basically a distributed database that keeps a continuous rising list of protected records from external emendation. Approximately 5% of the world population use this technology. But, is blockchain…
A detailed history of blockchain: From the Establishment to Broad Adoption
Blockchain has gotten an ample amount of appreciation in the most recent couple of years, with the potential to come across as an extraordinary power to transform businesses. Blockchain technology is a computerized record of an action that is copied and conveyed across the whole organization of the blockchain platform through computer networks. Sounds confusing,…
How Can Blockchain Reduce Cyber Risks?
If you are new to the concept of Blockchain and wondering what roles it plays in reducing and preventing cyber risks, this article has got you covered. Let’s delve deeper and get started. Table of Contents Overview Role of Blockchain in Combating Cyber Risks Concluding Lines Overview As technology is progressing, the vulnerability risks associated…
Bank of America Considers Decentralized Finance as a Radical Change to Mainstream Capital Markets
According to the latest announcement, Bank of America considers decentralized finance (DeFi) potentially more disruptive than Bitcoin. Although Bitcoin is the most popular cryptocurrency, Bank of America believes that Ethereum Blockchain is more prominent and has more advanced features, such as flexibility in its hosting of DeFi, than the first-ever cryptocurrency, Bitcoin. DeFi refers to…
Soon Anchor Will Launch Bank-Beating DeFi Savings Account
According to the latest announcement, Anchor, a two-token, algorithmic stablecoin, appears to be finally launching bank-beating DeFi savings accounts. Stablecoin that is appearing to be certainly nearing a go-live date, was initially slated for the month of October launch, but the team failed and postponed that launch to November. According to the proposal announced in…
Decentralized Finance Lending Protocol’ Compound’ to Offer Cross-Chain Borrowing Via Gateway
According to the latest announcement, the well-known decentralized finance lending protocol ‘Compound’ will offer cross-chain borrowing through a protocol named Gateway. The report describes the new Gateway chain as a cross-chain interest rate market that allows users to borrow assets native to one chain with collateral from another chain. Initially, in December, Compound Finance originally…
Blockchain Transaction Tested on GOMX-4 Constellation
According to the latest announcement, JP Morgan, an American multinational investment bank headquartered in New York City, has tested a transaction of Blockchain in space. This Blockchain transaction testing is carried out by a Danish space firm named GomSpace’s satellites. It was reported by GomSpace that it is the world’s very first bank-led tokenized value…
What is Corda Blockchain? Top Corda Contributed Tools to Check Out
This article talks about Corda Blockchain, enlisting top contributed tools that you must know. Table of Contents A Brief Introduction to Corda Top Corda Contributed Tools That You Should Know Concluding Lines: How to Learn Corda and Become a Certified Corda Expert? A Brief Introduction to Corda Corda is an open-source enterprise-based blockchain designed to…
When it Comes to Blockchain, Australia Needs More Support From Financial Regulators, Says Steve Vallas
According to a recent report, the Australia-based Blockchain ecosystem needs more assistance from the federal government and financial regulators. The statement has been made by Steve Vallas, who is the CEO of advocacy body Blockchain Australia. He made a comment saying that in order to increase trust within the country’s business area, Australia’s blockchain and…
Major Cloud Service Providers Showing Increased Interest in Joining Blockchain Networks
The advent of Blockchain has taken the world by storm. At present major cloud providers are considering adopting Blockchain for bringing trust and better collaboration among stakeholders. In this article, we will talk about how Blockchain is revolutionizing the globe and why cloud service providers are showing increasing interest in this technology. Table of Contents…
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