supply chain management Archive

Digital transaction via Crypto payments: An overview

In recent years, the world of finance has been revolutionized by the emergence of cryptocurrencies. These digital currencies have provided a new way for individuals and businesses to conduct transactions quickly, securely, and with lower fees than traditional banking systems. Unlike traditional banking systems that are controlled by central authorities, cryptocurrencies operate on a peer-to-peer

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

How blockchain transforming the world of ecommerce?

Blockchain technology is revolutionizing the world of e-commerce by providing a secure and transparent way to conduct transactions. More than 300 million people make use of blockchain for cryptocurrency. There are 82 million blockchain wallet users worldwide. This innovative technology has the potential to transform how we buy and sell goods and services online, and

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