Blockchain 3.0: The Future of Blockchain and Beyond

Table Of Contents What is Blockchain 3.0? Main issues with Blockchain 1.0 and Blockchain 2.0 Blockchain 3.0 to the rescue! Now-and-into-the-Future  What is Blockchain 3.0? Blockchain 3.0 is an umbrella term for technological innovations solving significant problems with Blockchain 1.0 and Blockchain 2.0. To refresh your memories, Blockchain 1.0 arrived in 2009 when Satoshi Nakamoto … Continue reading Blockchain 3.0: The Future of Blockchain and Beyond

A Brief Guide to Blockchain

History of Blockchain Technology In The Beginning The conceptualization of blockchain technology goes back 40 years when David Chaum first proposed a blockchain-like cryptographic protocol in a dissertation called “Computer Systems Established, Maintained, and Trusted by Mutually Suspicious Groups” (Sherman et al., 2019). Nearly a decade later, Stuart Haber and W. Scott Stornetta, who worked … Continue reading A Brief Guide to Blockchain

What is web 3.0, and what does it mean for you? 

Web 3.0 is the next evolution of the Web. Its development brings a change that will enable us, humans, to improve as a society, and collective growth could result. We can already see glimpses of Blockchain establishing web 3.0 ground rules. This more advanced ecosystem incorporates a decentralized server system mitigating the need to log … Continue reading What is web 3.0, and what does it mean for you? 

Top 10 benefits of Blockchain across Industries

Blockchain is a technology that can provide multiple advantages to businesses – whether they choose to use a public blockchain network or opt for private or public blockchain applications. Among the top benefits of blockchain are: Trust With a blockchain, entities with or little trust can establish trust with each other. These entities can, therefore, … Continue reading Top 10 benefits of Blockchain across Industries

Blockchain energy consumption concerns and possible solution

From banking to logistics, blockchain technology holds promise. A wide range of applications is considered, from energy trading schemes to transparent supply chains to food safety.  Blockchain’s non-sustainable energy consumption is often overlooked as people envision ways in which it might change the world. Cryptocurrency miners are also disadvantaged by their need to invest in stronger … Continue reading Blockchain energy consumption concerns and possible solution

Proof of Stake Vs Proof of Work: The future of Blockchain

There is often a debate in the crypto world about Proof of Stake versus Proof of Work. People may not understand what they mean, however.You must first understand how Blockchain work to understand the difference between Proof of Work and Proof of Stake.  Decentralized networks are Blockchain. Consequently, rather than a central authority approving transactions, several … Continue reading Proof of Stake Vs Proof of Work: The future of Blockchain

NFTs: what they are and why they are so buzzworthy

What are NFTs? An important aspect of blockchain technology involves digital assets such as tokens and coins, called cryptocurrencies. In short, cryptocurrencies are fungible, which means each bitcoin is worth the same amount regardless of what variety it is: one bitcoin is equal to one bitcoin regardless of its type. Additionally, NFTs, which are tokenized … Continue reading NFTs: what they are and why they are so buzzworthy

How Blockchain technology transform the Banking Sector?

Decentralization, transparency, and security are among the benefits provided by blockchains in banking. Explore how the industry is using this technology to tackle the main issues it faces. Due to breaches of security, digital threats, network downtime issues, and other problems that may occur, most financial services sectors have invested significantly in numerous services and apps. Traditionally, … Continue reading How Blockchain technology transform the Banking Sector?