How can blockchain help in the environmental crisis? Let’s find out.
Governments and private organizations from all over the world have been concentrating on using various technological tools to mitigate the challenges posed by climate change and biodiversity loss in recent years. Blockchain technology is one tool that could be very useful in addressing the climate crisis. Environmental sustainability for large businesses has never been more […]
The Rise of Social Media Platforms Based on Blockchain Technology
Will it be incorrect to say that social networks have taken over as the hub of the modern Internet? Probably not. We live in a time when social interaction takes place primarily online, with social media being the most used and well-liked activity. Social media is anticipated to experience market growth of 32% CAGR from […]
Future of Layer 3 Blockchain: Trends, Challenges, and Opportunities.
In the world of blockchain technology, Layer 3 blockchain is a term that has been gaining attention recently. It is an innovative technology that aims to solve the scalability and interoperability issues that have long plagued the blockchain industry. Scalability is now more crucial than ever as customer demand in the cryptocurrency industry rises. Thus, […]
The Role of Central Bank Digital Currencies (CBDCs) in the Future of Money
You must have heard of Central Bank Digital Currencies in the crypto market as it has become quite popular lately. Central Bank digital currency is considered to be one of the most significant inventions in the evolution of money. CBDCs are just everywhere, from mainstream media to inside the debates of policymakers, and no one […]
How blockchain is revolutionizing the gaming industry?
The gaming industry takes pride in its ongoing modernization and innovation. It always looks ahead and is prepared to adopt new technological advancements to enhance the player experience and produce the upcoming best game. All we can recall from the early days of the gaming industry is playing the 16-bit version of Super Mario on […]
A Detailed Guide to Understanding Layer 2 Blockchains
Blockchains like Bitcoin and Ethereum are very popular, but they still have a lot of problems. There are high transaction costs and a lot of people using the network at the same time. Bitcoin can handle 7 transactions per second (TPS), while Ethereum can handle 15 TPS. When compared to other payment services, such as […]
What is a Layer 1 Blockchain and How Does it work?
If you’ve been curious about blockchain technology, you’ve probably heard the term “Layer 1” thrown around. But what exactly is a Layer 1 blockchain? In this blog post, we’ll break it down in simple terms so you can better understand this fundamental layer of blockchain technology. A blockchain is a distributed digital ledger that records […]
What is Layer 0 Blockchain?
Blockchain is a combination of many different fields, including computer programming, cryptography, economics, game theory, and more. This technology can be used for wide usages, such as cryptocurrencies, smart contracts, DeFi, and DEX. In short, blockchain technology gets rid of middlemen, lowers costs, and makes the exchange of value more efficient. In the last 3 […]
Can Blockchain Exist Without Cryptocurrency?
You may be aware that blockchain technology underpins cryptocurrencies such as Bitcoin. If you only know one thing about blockchain, it’s that it’s the technology that powers cryptocurrencies. However, blockchain technology is not limited to the cryptocurrency world. Indeed, some of its most intriguing applications have nothing to do with Bitcoin or any other cryptocurrency. […]
Impact of Blockchain Technology in the Media advertising and Entertainment Industry
The technology that was designed to be the foundation for Bitcoin is now available for use in a variety of new business applications and industries. It essentially allows transactions to be executed between a sender and a recipient in a network without the need for a central authority, increasing speed and decreasing transaction costs. The […]