Blockchain app development Archive
What is proof of stake? – proof of stake vs proof of work
March 28, 2024
No Comments
We all know blockchain has its standards in each industry. It has two prominent consensus mechanisms Proof of Work (PoW) and Proof of Stake (PoS). We shall delve into the intricacies of Proof of Stake and compare it with Proof of Work, using real-time examples to illustrate their differences and advantages. Understanding Proof of Stake
Important things to know before investing in cryptocurrency – advantage and disadvantage
March 27, 2024
No Comments
A sum of savings turns into big investments and now in recent days, many companies call upon the term “Cryptocurrency” which has become a popular investment option in recent years. However, before diving into the world of digital currency, it’s important to understand the advantages and disadvantages of investing in cryptocurrency. What is Cryptocurrency? The
Cryptocurrency in banking industry – Impact of cryptocurrency in traditional banking
March 25, 2024
No Comments
The rise of cryptocurrency has had a significant impact on the traditional banking industry. Over 425 million cryptocurrency users worldwide invest and utilize cryptocurrencies such as Bitcoin, Ethereum, and Ripple which have gained popularity as a decentralized and secure form of digital currency. As a result, many banks are now exploring ways to integrate cryptocurrencies
How blockchain transforming the world of ecommerce?
March 20, 2024
No Comments
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
Hyperledger vs Other Blockchain Platforms
March 11, 2024
No Comments
Blockchain technology has gained immense popularity in recent years, and the number of blockchain platforms has also increased. One of the most prominent platforms in the market is Hyperledger, which has gained attention for its unique features and capabilities. We share a walkthrough and compare Hyperledger with other popular blockchain platforms to understand its advantages