Decentralised applications are applications which are run on a peer to peer network and not just on a single computer. This creates an opportunity where an application cannot be easily removed as there is no central unit which controls the application. The application will be run as long as there … Read the rest
When a blockchain based startup wants to raise funds without having the need to sell their stocks or company interest they can do that by issuing initial coin offering. A startup issues a coin which is either back by other cryptocurrencies such as bitcoin, ethereum, litecoin, etc. Another way to … Read the rest
Decentralised applications are based on the same platform as that of the distributed ledger which stores all the transactions of bitcoin. Decentralised applications portray a rightful future which was envisioned when the internet came into existence. The future portrayed is that of truly decentralised and distributed network.
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In the past few months companies have been aggressively pursuing blockchain technology to understand how it can revolutionize their businesses. The auto industry is said to some vested interest in this field presently. Four of the largest auto manufacturers in the world are now part of a group working to … Read the rest
Blockchain pioneer Charles Hoskinson’s latest project involves putting the birthplace of coffee on the blockchain. Hoskinson, who co-founded Ethereum and is at the helm at smart-contract fueled decentralized blockchain startup Cardano, has signed a memorandum of understanding (MOU) with Ethiopia’s Ministry of Science and Technology for ag-tech development on the … Read the rest
Smart contracts are the answer we have been waiting for, ever since the dawn of the civilisation. Smart contracts are a set of instructions which self-executes itself without any third party controlling it on the blockchain. Hence providing complete trust and authenticity to the transaction.
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Ethereum is created by the ethereum project which was launched in 2015. Ethereum is an open source blockchain platform which could be used to build decentralised applications. The developers can also build smart contract applications within the etehreum framework.
Did you know? Ethereum based decentralised application provides a future where … Read the rest
Streaming content is widely substituting traditional cable and television as the primary way for people to watch video content. According to a Pew Research Center survey, a whopping 61% of respondents aged 18-29 primarily use online streaming services to watch television. Streaming content is the wave of the future. SuccessLife … Read the rest
QuarkChain is the latest entrant into the blockchain domain that is working to create a highly scalable and secure blockchain which can handle up to one million transactions per second using a two-layered blockchain system. They are seeking to bring crypto to a wider mainstream audience and will support smart … Read the rest
Forgeries have long been an inescapable problem in the art world. By some estimates, roughly half of the artwork circulating on the international market is fake. The problem is that the current methods of authentication leave plenty of gaps in the system. Works of art disappear and then mysteriously reappear … Read the rest