Smart contracts Archive

Zero-knowledge proofs: what is it and its role in blockchain technology

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

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

The benefits of blockchain in small businesses

Blockchain technology is making waves like a sea and creating boundaries like the ocean across various industries by offering a wide range of benefits that are particularly advantageous for small businesses.  What does blockchain offer? Blockchain offers each industry by providing secure, transparent, and efficient solutions. Blockchain has the potential to revolutionize the way small

Smart contract in supply chain management

Supply chain management is a 360-degree revolution across various industries like pharma, education, steel plant, construction, and food industry holds A-Z of industries but doing the right things is effective in supply chain management and thus smart contracts join hands to provide effective results. Let’s see what it can do. What is a smart contract?

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