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The Order of Courses To Understand Blockchain Better

We have been receiving many queries in which order we must take the courses to understand the Blockchain better. Below is the order which might help you understanding everything from scratch. Blockchain Fundamentals & Technology Basics. First, you need to grasp the fundaments of the Blockchain & some other Blockchain technologies. Blockchain Basics – A Practical Approach…

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What is KYC & How KYC on Blockchain Can Help?

Know your customer (KYC) is the process of a business, identifying and verifying the identity of its clients. The term is also used to refer to the bank regulation which governs these activities. AML & KYC are used interchangeably sometimes. Though they are completely different standards & regulations. Blockchain can be used to do the…

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Key Use Cases of Blockchain

Blockchain is a way out of most of the economic and financial problems of the world. Still though in its nascent stages, it has begun to revolutionize the whole world. Some of the major corporations of the world have begun to scratch the surface of the technology. It is a contemporary living example of how…

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What are Smart Contracts on Blockchain?

Smart Contracts are self-executing contracts. Contracts execute themselves and transactions happen automatically when both parties meet the conditions specified as part of a transaction. The executed contract then adds on to the blockchain as a transaction. Smart Contracts are indispensable to blockchain and vice-versa, as the execution happens because and through the blockchain technology. It…

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Regulations around Blockchain & KYC

Blockchain technology is still in its nascent stages. The BFSI (Banking, Financial Services, and Insurance) sector has begun exploring the technology’s potential. However, there still seems to be a long way to go for companies to put the technology to use. The reason is that regulations around the technology and its use cases are in…

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WHAT IS BLOCKCHAIN (DISTRIBUTED LEDGER TECHNOLOGY)?

Distributed Ledger Technology is a computerized method for recording transactions involving commodities. Various locations record the transactions and related information at the same time. The database recorded by distributed ledger technology does not have an administrative facility or central data storage.    Distributed ledger technology enables users to record, exchange, and synchronize data and transactions…