How Blockchain works in the IoT Venugopal illustrated how a blockchain-enabled transaction works across IoT networks. “An IoT-enabled blockchain is where an overlay of services is designed in a particular kind of framework that will enable free communication between devices in a network. Each device generates its unique public key to send and receive information […]
Bitcoin is a relatively new form of currency that is just beginning to hit the mainstream, but many people still don’t understand why they should make an effort to use it. Bitcoin was one of the biggest leaps in technology since the inception of the Internet, hailing the new era of digital money, disrupting industries […]
You’ve been hearing it everywhere now. Blockchain this. Blockchain that. But what are the real-world applications of blockchain? The following are six blockchain applications currently being used: 1.Decentralized exchanges Traditionally, exchanges require an intermediary such as a broker to match buyers and sellers. With the blockchain, the need for 3rd party arbiter is obsolete. Orders to […]
Why should you use Cryptocurrency? Let’s see, crypto, to do or not to do? That is the question and it’s a good question — best of all the answer seems to be fairly simple. Over the last couple of years, the term cryptocurrency has been rapidly gaining ground and understanding of its use and value […]