blockchaintechnology Archive

Cryptocurrency Burn: Fueling the Price of Crypto!
July 14, 2023
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Cryptocurrency burn refers to the deliberate and permanent removal of a certain amount of tokens or coins from circulation. This process is typically executed by sending the tokens to an address or smart contract that has no private key or is otherwise inaccessible, rendering the tokens irretrievable. Burning cryptocurrencies serves various purposes and can have

How to reduce carbon footprints?
July 11, 2023
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The issue of carbon emissions and their impact on the environment has become increasingly important in recent years. It is crucial to control carbon emissions to mitigate climate change and ensure a sustainable future. This article will explore the importance of carbon emission control, provide tips on reducing carbon footprints as an individual, discuss methods

How to Tokenize a Physical Asset?
July 11, 2023
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According to Ernst & Young (EY), 3% of the world’s foreign exchange is already in tokenized assets. The market is just warming up! The tokenization of real-world assets is forecasted to reach $16 trillion by 2030 according to a report by BCG and ADDX. Five factors that asset tokenization may be on the verge of

Blockchain for Carbon footprint transparency
July 6, 2023
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A footprint literally means the mark you leave on beach sand or something like that. Similarly, a corporate footprint relates to the impact an organization has on the environment. It can also be referred to as carbon footprint, environmental footprint, What is Carbon Footprint? Carbon footprint is the total amount of greenhouse gases emitted directly

What is Self-Sovereign Identity?
July 3, 2023
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We live in a complex digital world where we require to provide our private data for verifying our identity. There are scenarios where we get stacked up with large amounts of personal questions while applying for new services. For example, what is your date of birth, birthplace, address, phone number, and bank account number, do