Nowadays, investors are turning their focus to tokens as a new way of lucratively putting their money to work and gaining profits. What exactly is a token? It’s a digital certificate that guarantees a company’s commitment to the person holding… Continue reading What is a token and its meaning
Before cryptocurrency, all information in the world had been stored in a centralized way. For the storage and saving of data, separate servers were allocated. All recordings were stored on external and internal drives. To increase protection, the information was… Continue reading Decentralization in simple words
Nevertheless, blockchain is still a pretty new concept, and there could be a misunderstanding of some of its aspects — for example, the difference between permissioned and permissionless chains. This guide will tell you everything you need to know about… Continue reading Differences between Permissioned and Permissionless Blockchains
The most known blockchains are Bitcoin and Ethereum. The primary difference between blockchain and other databases is the decentralized character and the exclusion of third parties in transactions which minimizes security concerns and costs. The information in blockchains is stored… Continue reading What is blockchain?
Today, in the FinTech space, blockchain is on everyone’s lips as financial institutions are eagerly trying to find practical ways to implement and use the technology to generate profits. Since blockchain is a key technology…