smart contract Archive

Emerging smart contract in supply chain management
April 25, 2024
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In recent years, blockchain technology has been marking its presence across various industries, and one area where its potential is particularly promising is supply chain management which is being revolutionized by Smart contracts in industries by streamlining processes, reducing costs, and increasing transparency. So let’s see how it eliminates the need for intermediaries, such as

Create your own blockchain from scratch: The developer’s guide
April 24, 2024
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Blockchain technology has gained immense popularity in recent years, with its decentralized and secure nature making it a preferred choice for various applications in the food industry, gaming, real estate, healthcare, and so on. Aren’t you a developer? new to the technical field? you can get connected with BSEtec. who guides you to create your

Zero-knowledge proofs: what is it and its role in blockchain technology
April 13, 2024
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Advancements in blockchain technology with the integration of zero-knowledge proofs have significantly enhanced the privacy, security, and efficiency of blockchain networks. Let’s see more in detail. What are Zero-knowledge proofs? Zero-knowledge proofs is a method for one party to cryptographically prove to another that they possess knowledge about a piece of information without revealing the

The evolution of smart contract: What will look like in 2024
April 10, 2024
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Smart contracts, a groundbreaking application of blockchain technology, have been evolving rapidly since their inception, Nearly there are more than 44 million smart contracts deployed on Ethereum Smart contracts have come a long way and are poised to undergo significant changes by 2024. We will explore the evolution of smart contracts and speculate on what

Ethereum and its implication for DeFi- How Ethereum and DeFi are synonymous
April 2, 2024
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In recent years blockchain has been involved in all business moving forward Ethereum and DeFi (decentralized finance) are synonymous in the sense that Ethereum is the blockchain platform that has enabled the development and growth of the DeFi ecosystem. DeFi refers to the use of blockchain technology and smart contracts to create decentralized financial services,