BSEtec Archive
What Are Smart Contracts on the Blockchain?
January 30, 2023
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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 Blockchain Consensus Algorithm?
January 25, 2023
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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!
January 24, 2023
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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
How can blockchain be used in supply chain management?
January 20, 2023
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There are a number of potential uses for blockchain technology within businesses. One of the most complex areas where blockchain could be used is in supply chain management. Blockchain could be used to track the movement of goods throughout the supply chain, from manufacturing through to delivery. This blog gives insights into how blockchain plays
How To Build A Successful Online Course Business In Less Than 2 Months
January 17, 2023
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One industry that has grown considerably recently is creating and selling of courses online for a profit. It is projected that by 2026, the global eLearning platform market would rise to $375 billion from less than $200 billion in 2019. So, to enter this big revenue generating platform, let’s first explore the factors that make
