blockchaintechnology Archive
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
Real-world DAO governance models
April 27, 2023
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A DAO governance model is a system in which decisions are made in a decentralized ecosystem. A DAO governance model allocates the rights to the users based on the number of tokens they hold. voting power is directly proportional to the number of tokens they hold. These users then participate in a voting system or
Decentralized Autonomous Organizations (DAOs) – Everything you need to know!
April 26, 2023
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DAOs are the most complex entities in the blockchain ecosystem that work based on smart contracts, for commoners it’s just another blockchain buzzword. But hey, here we are to give the concept of DAO in simple language. Principle Behind DAO An organization that operates by itself, without any human intervention?! You may think what kind
