Blockchain and Big Data are among the top emerging technologies tipped to revolutionize several industries, radically changing the way businesses and organizations are run. In this day and age, data is money. Big data and blockchain technology can join forces to truly decentralize the global big data market. With the world shifting its focus on digital technologies, big data is poised to take center stage in transforming a wide range of industries. While Blockchain Technology
While Blockchain technology is democratizing capital for startup companies. Blockchain-based crowdfunding could reshape the entire crowdfunding sector. Crowdfunding allows businesses with really great products and services and ideas to raise funds from the regular people in small investment amounts. The crowdfunding sector exploded as new crowdfunding platforms rose all around the world across a variety of fields and niches. The crowdfunding industry today represents a $1 bil
DApps or decentralized apps are decentralized, anonymized, and safer owing to blockchain technology. The nature of decentralized apps or DApps can be summed up as distributed, flexible and transparent as they have the potential to transform the technological landscape in regards to the future of decentralization. So let’s dive on to why DApps are the next big thing!! Although, there are various applications that we can download from the Google Play Store and Apple store. Simi
Cryptoeconomics is the amalgamation of cryptography and economics. Cryptography deals with data security, encryption and safe transfers across different systems and platforms. Cryptoeconomics, on the other hand, deals with protocols defining the distribution, production, and trade of various goods and services within a digital ecosystem. Cryptoeconomics attempts to solve the participant coordination problems in a digital ecosystem through cryptography and economic incentives.
Blockchain technology in banking and finance is transforming the dynamics of payment systems from tracking transaction history to the whole process of how money is being transferred. The question lies here can the traditional financial sector embrace the revolutionizing technology or be replaced by it? Blockchain technology is already disrupting the currency market while the banking sector is starting to get the heat of it. The technology behind blockchain features trustlessn
Rumors sparked up recently that Chinese authorities have raided the offices of cryptocurrency exchange Binance is actually quite false. On Nov. 21, a Binance spokesperson invalidated the media reports that the Chinese police raided and shut down the exchange’s Shanghai offices. The spokesperson even stated that no such offices even exist: “The Binance team is a global movement
consisting of people working in a decentralized manner wherever they are in the
world. Binance has n