Blockchain is a complex and high-level field of study that is more than just a simple understanding of technology. In this regard, grasping the fundamental concept of Blockchain can be like finding a shortcut that will help you avoid a lot of trial and error in your future work. Beyond being a digital currency, Blockchain can significantly assist in various digital currency transactions. Read More

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April 9, 2023

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How Blockchain Works: An Explanation of the 7-Layer Architecture (2)

The network layer of a blockchain system uses peer-to-peer (P2P) networks to propagate messages. P2P networks are decentralized and self-organizing, meaning that there are no centralized servers, and any node in the network is both a server and a client. The transmission of messages and the organization of the network are spontaneous, and the entire network can expand infinitely, with any node being able to join or leave at any time. Read More

Blockchain

April 9, 2023

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How Blockchain Works: An Explanation of the 7-Layer Architecture (1)

Blockchain is a decentralized and tamper-proof database or a distributed ledger. To understand how it works, let's consider the story of Bit Village. Initially, the villagers used gold for trading, but it was inconvenient due to the risk of damage and heavy weight. So, they came up with the idea of having a respected village elder maintain a ledger of transactions, recording each person's balance in a central book. Whenever a transaction occurred, the elder would update the book accordingly. This centralized ledger system became the norm, but it had several problems. Read More

Blockchain

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April 9, 2023

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What can Blockchain do?

Blockchain can be used for buying and selling virtual currencies, identity management, record-keeping, and smart contracts. Over the past 30 years, financial institutions have provided funding for countless industries' innovations in the areas of identity, record-keeping, and smart contracts. They understand the impact of revolutionary technology on stagnant existing businesses. Read More

Blockchain

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March 30, 2023

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How Blockchain Could Transform The Music Industry

As the world continues to develop technologically, the music industry is one of the sectors that have experienced numerous changes. The industry has seen the growth of various technologies aimed at improving the efficiency of music production, distribution, and monetization. One such technology that has shown great potential in the music industry is blockchain. Blockchain is a decentralized digital ledger that uses cryptography to encrypt and validate transactions [3]. By providing a more transparent and efficient way to produce, distribute, and monetize music, blockchain technology has the potential to revolutionize the music industry. This article will explore how blockchain could transform the music industry, from empowering artists to providing a more efficient music production process. Read More

How Blockchain is Changing the Real Estate Industry

In recent years, the real estate industry has been rapidly adopting new technologies to improve efficiency and transparency. One such technology that is making waves in the industry is blockchain. Blockchain has the potential to revolutionize the way real estate transactions are conducted, from property buying to renting and leasing. In this article, we will explore how blockchain is changing the real estate industry and the benefits it brings Read More

Blockchain, Featured

Blockchain, Real Estate

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March 30, 2023

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How Blockchain is Revolutionizing the Supply Chain

Blockchain technology has the potential to transform many industries, and the supply chain is no exception. By creating a secure, transparent, and efficient system for tracking goods from production to delivery, blockchain technology can help reduce fraud, errors, and delays, while increasing trust and accountability among all participants. Read More

Blockchain, Featured

Blockchain