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Reasons Behind Delay in Crucial Ethereum Update

The second part of the Metropolis upgrade, code-named Constantinople, is scheduled to take effect in 2018 with no hard estimates available for now. The most prominent improvement that Constantinople is planning to bring to Ethereum is that it’s going to lay down the foundation of Casper, the Proof of Stake implementation of Ethereum. With Constantinople,…

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What Can Be Done With Blockchain Technology?

Blockchains have received a lot of media attention recently because of the meteoric rise in price that various cryptocurrencies have seen in 2017. Despite the media frenzy, not enough attention has been given to other aspects of Blockchains which could fundamentally transform the way we do business. At its core, a Blockchain is a distributed…

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How to explain Blockchain to your family this new year?

Well, if something that has made headlines this year then it is Blockchain and Bitcoins. Despite its origin in 2009, Blockchain Technology became prevalent in 2017. This technology finds usage in almost every niche you can think about, whether it is retail, healthcare, finance or transportation, every industry is seeing the use of Blockchain to…

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How Can Blockchain Boost Your Business?

Blockchains are arguably the most important technological innovation to have come out of the past decade. But because of the recent price hike, the media attention has been focused only on the currency aspect of Blockchains, overlooking a plethora of innovative features like smart contracts and multi-signature wallets that Blockchains have to offer. Here’s a…

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Blockchain Use Cases for Insurance Companies

The use cases address improvements in blockchain and therefore insurance company’s operational functions as well as dealings with providers, intermediaries, and policyholders, thereby improving the customer experience, enhancing product value, and laying the groundwork for greater consumer choice in the market. The end game is to decrease costs, improve operational effectiveness, and strengthen relationships with the…

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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…