BSEtec Archive

10 Years!! and Many more to come!

On February 1, 2013, we started as a mobile, web, and software development company. A decade later, we stand here with great happiness and pride in becoming who we are in the process of delivering the right digital solutions for you! Over the years, we’ve crafted myriad products with equal zest. At BSEtec, we are

Objectives of Blockchain Consensus Mechanism

The blockchain consensus protocol in a blockchain platform has several objectives, including reaching an agreement, collaboration, cooperation, equal rights for all nodes, and mandatory participation of all nodes in the consensus process. As a result, a consensus algorithm seeks to find a common agreement that benefits the entire network. Now we’ll look at the objectives

What Are Smart Contracts on the Blockchain?

We have talked about digital cash in the early days and here we are slowly the digital assets like bitcoins, ether and other cryptocurrencies are slowly becoming mainstream digital cash! Similarly, smart contracts are the digital versions of traditional contracts! They are the backbone of Ethereum and other reputed blockchains. Origin of Smart Contracts The

What is the Blockchain Consensus Algorithm?

The main benefit of blockchain technology, as we are all aware, is that it is decentralized. Usually, in a centralized space, authority is in charge of setting the regulations. But how do they come to a consensus in a decentralized setting? This is where the Blockchain consensus algorithm comes into play! What is Consensus Algorithm? A

7 Advantages of Using Smart Contracts!

Smart contracts are computer-coded protocols that execute automatically when the predetermined conditions are met. They help us to verify, manage, or carry out agreements. Blockchain technology, which powers smart contracts, processes every transaction in a contract, eliminating the need for middlemen to carry out the transactions. Here is a list of 7 major advantages of

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