BSEtec Archive

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

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

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

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