Blockchain technology is a disruptive technology that took the world by storm. When Satoshi Nakamoto launched the Bitcoin white paper in 2008, the pseudo name or group only had the intention of describing a payment system. Indeed, little did they know that he was unleashing a technology that would change the world for good. A … Continue reading “Guide: How Blockchain Technology is Changing the World”
Blockchain technology
Blockchain for Beginners: Key Terms You Should Understand
Author Saket Kumar SinghPosted on Categories Altcoin, Bitcoin, Blockchain, Crypto Guide, Crypto Technology, Cryptocurrency, Ethereum, General, ICOLeave a comment on Blockchain for Beginners: Key Terms You Should UnderstandBlockchain Technology is the recent buzzword that has spread like wildfire across all industries; be it financial systems, healthcare or the ICO startups. However, there are specific blockchain key terms which a user needs to know to keep abreast with the Blockchain revolution. As per some estimates, this blockchain revolution can surpass the internet revolution … Continue reading “Blockchain for Beginners: Key Terms You Should Understand”
Amazon Quickly Jumping into Blockchain Technology
Author Ian CooperPosted on Categories Bitcoin, Blockchain, Cryptocurrency, Ethereum, GeneralLeave a comment on Amazon Quickly Jumping into Blockchain TechnologyEven as the crypto winter persists, online retail giant Amazon remains utterly unperturbed. As a matter of fact, the company sees substantial untapped potential in blockchain technology. On Wednesday, it posted that it was rolling out two new services, including a blockchain-powered service. According to the press release, the blockchain-based service will enable Amazon customers … Continue reading “Amazon Quickly Jumping into Blockchain Technology”
How Blockchain is Changing the Data Supply Chain
Author Ifeanyi NwaokoriePosted on Categories Blockchain, Business, Crypto Technology, Cryptocurrency, General, NewsLeave a comment on How Blockchain is Changing the Data Supply ChainIn a technological sense, the blockchain plays a pivotal role in the creation of trusted, immutable records of transactions. However, the downside is that this innovative technology has no place in collaborative ecosystem applications. Now, the question is, “How do we figure out what the blockchain really means to us?” Another question we will have to … Continue reading “How Blockchain is Changing the Data Supply Chain”
Using Artificial Intelligence and Blockchain Technology to Decentralize Data
Author Ifeanyi NwaokoriePosted on Categories Blockchain, Business, Crypto Technology, Cryptocurrency, General, NewsLeave a comment on Using Artificial Intelligence and Blockchain Technology to Decentralize DataArtificial Intelligence (AI) technology possesses impressive features. It is capable of creating cognition in machines with computational power. Despite this benefit, critics worry that tech-savvy developers still control AI projects from central points. Therefore, to allow people to control them centrally, these critics argue that such projects offer mere “narrow AI” In comparison with human … Continue reading “Using Artificial Intelligence and Blockchain Technology to Decentralize Data”
The Main Challenges Facing Blockchain Technology
Author Eric Van OrmanPosted on Categories Bitcoin, Blockchain, Crypto Technology, Cryptocurrency, General, NewsLeave a comment on The Main Challenges Facing Blockchain TechnologyBlockchain technology is an undeniably smart invention. When entrepreneurs understood the power of blockchain, a lot of them started investing in the blockchain. Its impact has greatly impacted supply chains, healthcare, transportation, online remittances, voting and many more. A huge percentage of financial institutions are using blockchain technology today. However, blockchain faces multiple challenges. If these … Continue reading “The Main Challenges Facing Blockchain Technology”
How Blockchain could have Prevented the Danske Bank Scandal
Author Ian CooperPosted on Categories Banking, Blockchain, Crypto Technology, Regulations, ScamLeave a comment on How Blockchain could have Prevented the Danske Bank Scandal Imagine how shocking it would be for a bank to launder almost ten times the country’s GDP. That’s not all. Now, imagine if all the money came from non-residents of the Ukraine, Russia, Moldova, Azerbaijan and several other countries of the now-defunct Soviet Union. Indeed, this would make it the largest money laundering scandal of … Continue reading ” How Blockchain could have Prevented the Danske Bank Scandal “
Blockchain Technology: All You Really Need to Know
Author Shilpa ChakravortyPosted on Categories Bitcoin, Crypto Technology, Cryptocurrency, General, NewsLeave a comment on Blockchain Technology: All You Really Need to KnowThe Blockchain is perhaps the most ingenious invention of Satoshi Nakamoto. Unfortunately, most of today’s population don’t even know how the technology works, and where it can be useful. Before we proceed to its various, let’s have a quick look at what the technology entails. What is the Blockchain? A Blockchain is a combination of … Continue reading “Blockchain Technology: All You Really Need to Know”
IMF Makes its Case for Blockchain Technology
Author Eric Van OrmanPosted on Categories Blockchain, Cryptocurrency, General, NewsLeave a comment on IMF Makes its Case for Blockchain TechnologyThe International Monetary Fund (IMF) says it is engaging in research and experimentation involving blockchain technology and cryptocurrencies. Therefore, the financial body hopes to anchor its future developments in this technology in a bid to keep up with changing trends. To this end, this body has called for stricter legislation to regulate cryptos. Fintech Caucus on Blockchain … Continue reading “IMF Makes its Case for Blockchain Technology”
e-Krona could reshape the Swedish cashless economy
Author Ifeanyi NwaokoriePosted on Categories Banking, UncategorizedLeave a comment on e-Krona could reshape the Swedish cashless economy In many countries around the world, cash is the predominate method of paying for goods at mom-and-pop shops. However, that is not the case in Sweden, as many merchants are gradually dumping cash payments. According to statistics, the percentage of cash circulation in the European country is just about 1%. Indeed, this percentage shows that … Continue reading “e-Krona could reshape the Swedish cashless economy “
