When a startup wants to scale further and wants to raise money without the need of either raising money through banks or venture capital. The startup generally has the option of raising money through initial coin offering (ICO). The ICO works by offering a token for every coin purchased. The … Read the rest
Blockchain is a distributed and decentralized public ledger in which the data is cryptographically protected. In simple terms, it means that the data is completely secure and that no one can remove or access it except the individual who created it. As blockchain is a distributed technology, hence no single … Read the rest
A cryptocurrency is a coin which is either backed by other cryptocurrencies or the value of the startup which offers it. The coin could later be traded and as the value of other currencies and the startup’s change so does the value of the coin. A blockchain based startup can … Read the rest
The blockchain is here to stay, the technology revolution which is slowly gathering momentum will only get stronger. Blockchain might seem like a technical jargon which any mere mortal can’t understand. The blockchain technology which is behind the bitcoin definitely has its fair amount of complexity but that doesn’t’ mean … Read the rest
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.
Did you know? … 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.
Did you know? Smart contracts … Read the rest
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
Blockchain is taking virtually every sector of the market by storm. The effects of blockchain are far from understood and it has barely scratched its potential.
Did you know? Blockchain is distributed decentralised public ledger which has immutability of its data, as all its transactions are easily verified if it’s … Read the rest