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What determines the viability of Blockchain?

When it comes to stabilizing the current economic system, then we have to take into consideration various aspects of transactions, contracts, and their record-keeping. Although we have a well-defined system for the same which is now digitized and is expected to run full-proof. Despite such strenuous methods and protocol, the digitization has surfaced same evil…

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What is the Komodo BarterDEX?

Cryptocurrencies like Bitcoin, Ethereum and Monero which are the established projects in the cryptocurrency space have received a lot of media attention over the last several months. This has caused the media frenzy to overlook some very innovative smaller projects, like the Komodo platform. While the more established players have been surrounded by hype, Komodo…

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Five Differences between an Exchange and a Blockchain

Blockchain is one of the most innovative pieces of technology that have come out of the last decade. Blockchains help empower individuals by getting rid of centralized third parties that have access to their personal information. These third parties often monetize their users’ data without their permission. Recent revelations regarding Cambridge Analytica and Facebook are…

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Blockchain Use Case for the Telecom Industry

Blockchains have already disrupted some of the biggest industries in the world – like finance, banking, international remittance, and supply chain management to name a few. This is a testament to the fact that blockchains offer radically new ways of conducting business. Blockchains bring with them their primary benefits of trust, security, transparency, and autonomy across…

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Major Ongoing Blockchain Projects in 2018

2017 has been a great year for cryptocurrencies. The prices have soared sky high and many practical projects like Etheroll have been deployed via Smart Contracts in 2017 too. As 2018 trudges along, the interest in blockchain related projects keeps growing as more investors rush in to be part of the new digital economy. Let’s…

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Why is India banning Bitcoin but adopting Blockchain?

The new bill is here, and we have some great transformations in it. One of it is the ban on the cryptocurrency. As per Arun Jaitley, the Finance Minister, all forms of cryptocurrency have been banned. It’s not only India that has done this, but there are also many nations which are following the suit,…

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Coins, Tokens & Altcoins: What’s the Difference?

Cryptocurrencies have garnered a lot of enthusiasm from younger investors over the last few months. As more and more people enter the cryptocurrency market, it becomes essential to differentiate between the terms that these assets are referred to. Here’s a primer to get investors started with the difference between the three major cryptocurrencies: coins, tokens,…

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How can Blockchain reduce corruption?

When it comes to technology, then it has never ceased to leave us overwhelmed by its benefits; whether it was the internet revolution which has changed the world to the blockchain technology which is unfolding new avenues of transformation every day. Although, blockchain is currently majorly assisted with cryptocurrencies and financial transactions, its benefits in…

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How Can a Restaurant Use Blockchain Technology?

Blockchains, the underlying technology behind the cryptocurrency Bitcoin, has real-world implications that far exceed that of payments. Since Blockchains enable us to make trustless transfers over the internet, they have used in almost every pre-existing industry to make their process more efficient and bring down costs. From the fashion industry to the pharmaceutical industry and…

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The Impact of Blockchain Goes Beyond Financial Services

Bitcoin and other cryptocurrencies that are based on the Blockchain Technology have great potential to disrupt the current financial services industry. From lowering costs of transfers to reducing confirmation times for cross-border payments, the benefits of Blockchain for financial services are immense. Smart contracts, which will enable self-executing instructions built into cryptocurrencies, will no doubt…