smart contracts Archive
Interoperability of smart contracts: A beginner’s guide
February 9, 2024
No Comments
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
No Comments
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
No Comments
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
7 Advantages of Using Smart Contracts!
January 24, 2023
No Comments
Smart contracts are computer-coded protocols that execute automatically when the predetermined conditions are met. They help us to verify, manage, or carry out agreements. Blockchain technology, which powers smart contracts, processes every transaction in a contract, eliminating the need for middlemen to carry out the transactions. Here is a list of 7 major advantages of
How can blockchain be used in supply chain management?
January 20, 2023
No Comments
There are a number of potential uses for blockchain technology within businesses. One of the most complex areas where blockchain could be used is in supply chain management. Blockchain could be used to track the movement of goods throughout the supply chain, from manufacturing through to delivery. This blog gives insights into how blockchain plays