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Reasons why you should leverage Blockchain for your Business

Since the past few years, the world has been going bonkers over Blockchain Technology. More and more businesses have been realizing the importance of decentralization of data ledgers, resulting in an increase in the worldwide acceptance of the blockchain technology as a transparent, secure, and efficient substitute to the current technological system. In fact, Statista has projected the Blockchain market to reach a …

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How is Blockchain helping the agriculture industry and the food supply chain?

“Everything will be tokenized and connected by blockchain one day” — Fred Ehrsam Blockchain is redefining the way we transact. It has the potential to change the way we buy and sell, track the provenance of food, and thus helps create trustworthy food supply chains and build credence between producers and consumers. It is an especially encouraging and revolutionary technology as it helps …

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Zero-Knowledge Proof and its implementation in Blockchain

Blockchain  Blockchain technology is a pioneering way of enabling a global decentralised, peer-to-peer network from the centralised system. It is a shift from a trust-based, opaque, and controlled system to a trustless, transparent, independent, and immutable system. It provides unparalleled, security, data integrity, and improved efficiency with lower costs. The legacy system is dominated by bureaucracy and secrecy whereas blockchain is a laissez-faire economy. Blockchain replaces trust with verification by leveraging zero-knowledge proof (ZKP)protocols.  Zero-Knowledge Proof  ZKP was first coined in 1985 by MIT …

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How is Blockchain changing the way businesses communicate?

In these times of pandemic, where companies are already going through a financial crisis, another hurdle for them is communication. With its employees all over the country/world due to work from home scenario, it becomes very difficult to maintain uninterrupted communication. Today businesses face a lot of problems while their employee base is not under the same …

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Why the price of bitcoin is crazy these days and what can be predicted in near future?

Not less than a month ago, did Bitcoin’s price reach an all-time high, crossing $40,000, after crossing $20,000 for the first time in December.  Cryptocurrencies, especially Bitcoin, are highly uncertain and unpredictable in nature (for the right reasons); given that we’ve witnessed too many bubbles in the past. One such bubble was formed in 2017: The 2017 Bitcoin Rush. Bitcoin’s value had reached its …

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Bid goodbye to the traditional way of conducting higher education

Blockchain is supposed to be the base technology on which bitcoin is built and today it has proved to be more than that. Blockchain is immutable, eliminates fraud, and provides transparency to the system.  It is emerging as a new wave in various sectors may it be healthcare, supply chain, banking, or education.   The Decentralised Ledger Technology gives …

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Tokenization Of Assets On Blockchain

The digital era started with the birth of the ‘Internet’ in 1983 and got revolutionized with ‘Bitcoin’ in 2009 and even further with ‘Blockchain’ in 2011. Bitcoin became the first digital asset ever, and blockchain technology changed the way businesses are operated. This technology has digitized everything from real estate, painting, collectibles, precious metals, currencies …

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How can blockchain disrupt the Insurance industry?

““Blockchain technology could change our world more than people can imagine.”” — Jack Ma What is a blockchain? A blockchain is essentially a record, or ledger, of digital events-one that’s “DISTRIBUTED” or shared between many different parties. It can only be updated by the consensus of most of the participants in the system. And once entered, information can never …

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The Blockchain Revolution in Banking

“Money won’t create success, the freedom to make it will.” — Nelson Mandela  Think of an old-fashioned ledger, one of those big leather-bound books that businesses used for recording their transactions and creating a public record that was used for inspection.  Now visualize a web version ledger that is instantly accessible by multiple parties simultaneously secured, accurate, and updated in real-time. This visualization can be foreseen today as ‘blockchain’ driving rapid change …

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Next “LinkedIns” on Blockchain?

What if I were to tell you that LinkedIn will be out of business soon with the advent of Blockchain in the mainstream? Unlikely, right? You may debate the statement itself but the truth is that Blockchain platforms like Steem and Jobeum are creating a recruitment tool similar to, but better than LinkedIn. These platforms will not only protect your data but will enable you to earn rewards for your contribution to …

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