Since the world is becoming a global village, the connectivity between people and even devices is becoming a new trend to follow. The internet of things is also one of such phenomenon that is increasing in its usage in the world. A report on the number of electronic or internet-enabled devices being used reveals that […]
The world heard the name of Bitcoin resonate from all sides of the globe in the year 2017. As bitcoin became a known phenomenon, with the sudden hike in its price, the entire world responded to the idea of the blockchain, the underlying technology of bitcoin. However, the uses of blockchain are not limited to […]
As the world is becoming a volatile place because of issues like refugee crisis, massive migration and illegal residents, the matter of registration of all citizens is becoming an area of concern for many states. Blockchain technology being the revolutionary force is triggering an enormous change in the field of identity management for states. It’s […]
The blockchain is a decentralized technology that stores all the transactional data. The data is stored on the blockchain in the form of blocks with each node dedicated to an individual piece of information. It is the sum of many blocks that form one rational and authentic chain of blocks and be called blockchain. Each […]
The recent past few years with the development of cryptocurrency saw a massive growth in the fintech sector and the world got introduced to the concept of Blockchain technology. Because of its initial use for the digital currency, many of the business owners remained oblivious to the utility and benefits of blockchain technology. There is […]
As the world is adopting new commercial possibilities enabled by technology, the scope as well as vulnerabilities of businesses are increasing with it. Enterprises are declining the use of traditional paper contracts where the chances of them getting fraudulently doctored are at their highest. In such gullible times of the business owners come smart contracts […]
Technology in the contemporary world is transforming the way businesses used to perform. There are innovative and novel ideas being introduced into businesses. The blockchain is also one of those ideas that have recently evolved and have already turned into an established industry.