Blockchain Technology Archive
Zero-knowledge proofs: what is it and its role in blockchain technology
April 13, 2024
No Comments
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
Ethereum and its implication for DeFi- How Ethereum and DeFi are synonymous
April 2, 2024
No Comments
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,
Artificial intelligence in blockchain technology: How AI impacting blockchain
April 1, 2024
No Comments
Artificial intelligence (AI) and blockchain technology are two of the most revolutionary technological advancements of our time. While both have made significant strides in their respective fields, the intersection of AI and blockchain has the potential to completely transform the way we conduct business, manage data, and interact with technology. Let’s see how it creates
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