Topic: blockchain

Non-Fungible tokens have been the most-talked topic in the crypto space. It creates monetizing opportunities for several different brands and collectors.  This is mainly because they are feasibly authentic, highly secure to trade, and can include a wide range of branding opportunities.  At its core, NFT is a rare and one-of-its-kind token. They cannot be replicated or be equated to any other asset. In this way, the developers can utilize NFTs as an effective way to individualize assets on ...

In recent times, DeFi has become the buzzword among the financial sector. With DeFi solutions, you can handle financial transactions in a decentralized manner.  Decentralized Finance or DeFi operates independently without relying on centralized servers or intermediates like banks or credit unions. Moreover, the users have the ability to make transactions on a peer-to-peer basis.  This mechanism can easily streamline your business process and change the entire way of handling transactions a...

Cryptocurrency space is spreading over the people’s brains, and they are looking out for business opportunities in the realm. The booming of fintech market space has strived for advanced features such as Decentralized Finance (Defi) applications and its allied services with digital currencies. The trading of cryptocurrencies has now become a lucrative evergreen business that the crypto enthusiasts shower interest on. The new pop-up in the town is crypto lending platform development! This blog...

In recent years, IoT has been significantly expanded and connected multiple devices and networks from homes to industries to the entire city. This technology is coupled with another spectacular emerging technology, blockchain technology is set to revolutionize with its nature of being decentralized.  If IoT and Blockchain are working together, they provide an authenticated and secure method for device and process associated with the former.  Here blockchain works as a distributed ledger, w...

In the current world, people are used to having insurance for their medical bills, life, vehicles, and many other purposes. The insurance industry has been growing and widespread across various things. But the insurance industry processes lag in other financial services, and there are significant issues concerning a lot of manual & paper works, fraud, human error, and cyber attacks. To overcome these concerns, insurance companies and startups adopt blockchain insurance solutions to efficiently i...

Blockchain technology is the reshaping sign of innovation. With its decentralized features, it is revolutionizing the existing system by making all the autonomous when it comes to gaining control.  Blockchain technology is used by various industries to eradicate intermediaries from financial and legal transactions.  Blockchain secures digital documents in a safe and suitable manner, allowing a quick, safe and economical transfer of resources.  Once the data is recorded in the blockchain it...

Technically, Blockchain is a decentralized ledger where data is spread across many computers with no central control. This could transform governance, the economy, businesses, and the functioning of industries. Now the blockchain technology is already here, not only for Bitcoin but offering many other services and solutions. First, let us look at some challenges in the field of education. Students who opt for higher education at universities have to pay huge amounts of money and have becom...

A P2P platform is a direct marketplace for performing money lending activities. Through this platform, any individual can lend money from others where the lender and the borrower are matched via online services. Lenders are able to go through profiles of borrowers who are looking for money and can offer an amount to individuals or businesses that they find most promising. The borrower can either be a legal person looking for a loan or an individual. Why peer-to-peer lending platform came i...