The popularity of blockchain technology is closely related not only to the fact that it enables the functioning of numerous cryptocurrencies. The primary benefit of this technology is decentralization. But what is it? Before cryptocurrency, all information in the world… Continue reading Decentralization in simple words
voting
Closed motorcycle clubs
Motorcycle communities are a kind of interest-based clubs. Each of them has its own symbols, colors and decals. Among them closed clubs are located as a separate caste. Most often people in such a community are not united by motorcycles… Continue reading Closed motorcycle clubs
Differences between Permissioned and Permissionless Blockchains
In the last years, blockchain technology has gained quite a popularity with the emergence of multiple motley projects developed by private and public agencies. Nevertheless, blockchain is still a pretty new concept, and there could be a misunderstanding of some… Continue reading Differences between Permissioned and Permissionless Blockchains
What is blockchain?
A blockchain is a digital database distributed among nodes or computers in one network. Primarily, blockchains are associated with cryptocurrency as they ensure encrypted (read completely secure) transactions and storing of information on them. The most known blockchains are Bitcoin… Continue reading What is blockchain?
7 ways how blockchain will affect our daily life in 2023
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…