Five Best Blockchains With High Transaction Speeds in 2023, Updated!
Blockchain network appears to be accelerating in terms of economic development at the moment. The innovation that was established in 2009 to help Bitcoin is now a dominant technology. Blockchain has applications in a variety of industries, including health care, the judicial sector, supply chain, and logistics, to name a few. Blockchain-based apps enhance the…
PM Narendra Modi awards a Young Indian Entrepreneur for Cryptocurrency Application
Indian prime minister, Narendra Modi, congratulated the young Indian entrepreneur Harshita Arora for her groundbreaking innovation of a cryptocurrency price tracking application. In his tweet, dated 24th January 2020, he applauded her innovation. “She has been focussing on a wide range of sectors. Her passion towards science, technology, and human welfare are clearly visible.” Born…
How To Learn Blockchain Technology In a Day?
Similar to the rise of the Internet, the rise of blockchain technology is a paradigm-shifting event in the field of technology. Though we operate today in a world that is largely reliant on central entities such as banks and governments, blockchain is all set to facilitate the majority of the world’s transactions (exchanges of information)….
Top 5 Blockchain Projects That Rock the World
Technology is a constantly evolving field that strives to outdo itself by coming up with spectacular developments of paradigm-shifting innovation. Technology is one sphere that never seems to rest as scientists, entrepreneurs, developers, and the government continue to push the boundaries of technology to great heights. Blockchain technology is one such disruptive innovation that has,…
HSBC Pilots First Letter of Credit on a Blockchain in Malaysia
HSBC, the British multinational investment bank, has successfully announced the enactment of a letter of credit on a blockchain in Malaysia. On October 14, Fintech News Malaysia, the English language local Fintech news outlet noted that the letter of credit was issued by HSBC Malaysia and that the nominated bank was HSBC Singapore. Fintech News…
Top Countries That Conducted Elections On The Blockchain
Blockchain is making news every other day. It has become a buzzword, and the reason is its strong features. Blockchain is a technology with so many features which can be useful for multiple domains. In today’s blog, we will discuss its application in the voting system and how two countries have leveraged Blockchain successfully for…
Top 5 Effective Use Cases Of Blockchain In Virtual Reality
Virtual reality (VR) is expected to have an economic impact of $15.6 billion by 2020. Virtual reality is one technology which has stepped aside from the world of technology and entered new realms. It is a cutting edge form of technology which has crossed the barriers and made its way into various industry verticals. Providing…
Ethereum Tokens: ERC 20 vs. ERC 223 vs. ERC 777
Ethereum has risen to prominence as one of the main forces behind cryptocurrency adoption since its launch in 2015. Tokens represent a wide range of digital assets in the Ethereum system, including coupons, promissory notes, and even physical things. Smart contracts established on the Ethereum network are known as Ethereum tokens. What are ERC Token…
U.S. Department of Energy Grants $200,000 To Factom
The U.S. Department of Energy (DOE) grants nearly $200,000 to Factom, the blockchain innovations company, to protect the national power grid. The project seeks to protect the security of millions of devices. The U.S.Department of Energy awarded the funds on July 12. The abstract read as follows: “Electric grids are quickly evolving with…
All You Need To Know About EOS
In simple terms, a blockchain is defined as a distributed database. Imagine a giant, global spreadsheet which runs on millions of computers. This is what gives it the quality of being a distributed database. A blockchain is an open-source as every participant on the blockchain can see what is going on and can also change…
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