Thanks to cryptocurrency, blockchain technology as a whole is attracting a lot of attention. Blockchain forms the backbone of the cryptocurrency industry, but the technology is quickly being adopted in other fields thanks to its decentralized nature, security, and scalability. From real estate to agriculture, blockchain technology is used for keeping records of transactions for […]
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As promising as the globalization of Blockchain seems it isn’t necessarily the antidote to all our business problems. Although Bitcoin is a household term and blockchain is poised to enter every possible industry, there are problems facing blockchain adoption. What are the problems with blockchain? What challenges are holding back blockchain adoption, and how can […]
Continue ReadingBlockchain oracles are a critical component of blockchains technology and are key to redefining how blockchains meet the demands of users. You may be wondering what a blockchain oracle is and why it matters. This article details the core components of a blockchain oracle, identifies different types of blockchain oracles, and explains why blockchain oracles […]
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Blockchain, also known as Distributed Ledger Technology (DLT), is used for preserving the history and integrity of digital assets through the use of cryptographic hashing and decentralization techniques. The decentralization of the transactions makes them transparent and hard to alter. But what exactly is the blockchain and can it actually be hacked? What is its relationship with […]
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Cryptocurrencies such as Bitcoin are all built on blockchain technology. This system allows information to be transferred securely through a decentralized network. Although the technology has been mostly used for digital money so far, many other apps are now being built on blockchain technology. If you want to get ahead of the curve, the Mega […]
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Thanks to blockchain technology, cryptocurrencies are often seen as more secure than existing currencies, banks, and financial institutions. Transactions recorded in a public, distributed ledger are more transparent and harder to tamper with. However, there are two sides to the coin. Cryptocurrency transactions and blockchain ledgers do have some security weaknesses, but they aren’t necessarily […]
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