smart contracts Archive
The evolution of smart contract: What will look like in 2024
April 10, 2024
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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
Smart contract in supply chain management
February 20, 2024
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Supply chain management is a 360-degree revolution across various industries like pharma, education, steel plant, construction, and food industry holds A-Z of industries but doing the right things is effective in supply chain management and thus smart contracts join hands to provide effective results. Let’s see what it can do. What is a smart contract?
Interoperability of smart contracts: A beginner’s guide
February 9, 2024
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Blockchain technology is reshaping industries and redefining how we transact, communicate, and secure data. We shall delve into the fascinating world of blockchain, exploring its potential in this digital age with the interoperability of smart contracts. What is interoperability? Blockchain interoperability is the ability of blockchain networks to communicate with each other, sending and receiving
Blockchain-Backed Food Traceability [An Overview]
July 26, 2023
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Do you Know?The average food plate of an American is sourced from 5 different states or countries! Sounds truly like a global affair! The food on your plate may have travelled hundreds or even thousands of miles before reaching your local grocery store. The current world population is approximately 8 billion. The demand for food
Energy Efficiency and Sustainability in Blockchain
July 5, 2023
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The road to energy efficiency is, in theory, a sustainability sweepstake. More efficiency means that less fuel is required to generate a given amount of energy, which in turn means lower costs for the provider and cheaper prices for the customers. Jens Martin Skibsted We are moving towards a net-zero carbon emission mission with a
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