blockchain
First came Bitcoin, then came the blockchain; all about the myriad applications of blockchain technology and how decentralization is changing the world.
Blockchain 3.0: Network Stability and Virtualization Without Mining
Most people know of blockchain and Bitcoin. Mining, while less common, is still among commonplace discussions about cryptocurrencies. The idea of a true blockchain without mining is a revolutionary concept. This is what is being termed “Blockchain 3.0”. COTI demonstrates how a block-less, miner-less blockchain can dramatically improve upon what Bitcoin ushered in. Without the expensive coding and energy consumption of miners, COTI can process 10,000 transactions-per-second (TPS). This is many times faster than Bitcoin (3-5 TPS) and Ethereum (15 TPS). It is a workable solution for the millions of daily shopping transactions.
By Damien Justus6 years ago in The Chain
UAE-The Emergence of Blockchain
This article is owned by Direct Ventures, a company based in Ile-de-France. UAE Relationship with Technology The UAE, as the financial capital of the Arab world has in recent years taken steps to maintain its dominance in this sphere and furthermore propel its worldwide standing. These steps have involved, amongst other initiatives, adopting and applying smart technology to streamline processes for the government and private entities, develop and utilise Artificial Intelligence and facilitate the use of Blockchain on a governmental as well as private level. Different kingdoms in the UAE have had varying levels of success in this endeavour. We will now look below at the steps adopted by Dubai and Abu Dhabi in this regard.
By Ahed Attar6 years ago in The Chain
Top 8 Potential Cryptocurrency Business Ideas for 2020
We are living in the digital world and daily new technologies are evolving across the globe. Likewise, After the tremendous growth of the first digital currency(i.e, bitcoin). most of the people started to talk about cryptocurrency. It made a huge boom in many digital markets.
By Akshara Singh6 years ago in The Chain
Ravencoin, blockchain project with peer-to-peer system.
The raven coin is a blockchain optimized for asset transferring. Based on the extensive development and testing of the UTXO model of the Bitcoin protocol, Ravencoin is built on a fork of the Bitcoin code. Key changes include a block reward time of one minute, a change in the number of coins issued, but not the weighted distribution schedule and the addition of asset creation and messaging capabilities. Ravencoin is free and open source. Checkout rvn price for analyzing with competitors. All Ravencoin (RVN) are fairly issued and mined publicly and transparently using Proof of Work (POW) using the x16r algorithm which was created for Ravencoin. There is no private, public, founder, or developer allocation set aside. Ravencoin is intended to prioritize security, user control, privacy, and censorship resistance. It is open to use and development in any jurisdiction, while allowing simple additional features for users based on need How Ravencoin works
By yahya paul6 years ago in The Chain
Top 5 Advantages of Blockchain Technology
All the industries across the globe including healthcare, financial, government etc are finding ways to implement blockchain in their areas of work to transform and bring in new advancements to their business. Many industries have already implemented this and had great success too. In this article you will get to know the top 5 advantages of blockchain technology.
By CryptoSoftwares6 years ago in The Chain
How Blockchain Is Reshaping The World of Artists
The need for blockchain for artists: The need for new technology was realized by the artists when duplicity and piracy came to existence. When something is copied and replicated for free, the value of the art piece drops significantly and the vision of a market fades. Most collectors feel that for art to have value, it needs to have measurable and provable scarcity. It is then when the art form gets its desirable response.
By RWaltz Software6 years ago in The Chain
Blockhainizing the government - what could go wrong?
The scandals, intrigues, and investigations around the Blockchain and cryptocurrencies in recent months seem to have subsided somewhat. But public trust in the underlying technologies is fundamentally undermined. This article will be about the Blockchain, how it is incorporated into the government, and what could possibly go wrong with it.
By Giorgi Mikhelidze6 years ago in The Chain
CAN BLOCKCHAIN TECHNOLOGY BE THE SOLUTION TO FOOD WASTE?
CAN BLOCKCHAIN TECHNOLOGY BE THE SOLUTION TO FOOD WASTE? The amount of food waste in United Kingdom has been extremely staggering and the estimated annual amount is also very problematic to listen to. It has been estimated that about 10.2 million tonnes of food is wasted on an average every year by the households and the food supply chain of United Kingdom. Of this figure 7.1 of the waste come from households while the remaining 3.9 million tonnes come from the food supply chain. This is a staggering amount of food to be wasted in one country alone. All these food items would almost cost about 25 billion GBP every year. The households have a total estimated cost of wasted food to be about 13 billion GBP. Contrasting into some different parts of the world people have nothing to eat at all and it has also been found that the first world countries are wasting food in this way. For ensuring that at least United Kingdom takes measures of ensuring minimum food wasted. This will lead to surplus food and ensure food security. It has to be taken into consideration that some sort of benefits and solutions need to be explored for combating all the problems of food waste. Looking at recent technological advancement, Blockcahin provides a possibility. It has been found that if food security is not ensured at some point in the future, there can be a whole lot of food shortage crises presenting challenges to the Global visions for food security as well. This would ensure that the imbalance that is caused due to the huge inadequate statistics found for enabling the magnitude of a problem. since it has been found that the chances that food security will reduce the amount of food wastage, it should be made sure that this food security measure is implemented at the earliest so that food security and its Global goal can be reached by the time it has been already 2020. The uses of the blockchain technology has been shining an unfazed light on all the food wastage problems and also reveals that there has been a permission to mitigate the problem since humans have right now initiated and persistently enable the wasteful attitude of food in them. Blockchain Technology or BCT has a worldwide appeal for projects that require transparent and accurate accountability. This has been used to implement many other successful projects in the past since 2009. Blockchain has also been used in various applications including social, financial and industrial sectors. The technology is still at its early stages of development for food security system but it is still usable for the real-life applications. Blockchain Technology has its own architecture and setting up several innovations within these architectures enables innovative structure that has been the brainchild behind reaching the idea of using Blockchain Technology for fighting food waste problems. However, blockchain Technology has previously been used by different organisations, including that banks as it begins to recognise the cryptocurrencies being decentralized and forming unit of money. The first use of Blockchain was to develop a cryptocurrency called bitcoin in 2008 – 2009. This cryptocurrency was based on cryptography built on a decentralized blockchain.. This technology is being used by various start-up organisations as well for exploring the opportunities provided by blockchain technology in the logistics, food business and agriculture as well. Since the demand of food in the entire world has been increasing exponentially every day, there is a need of transparency that needs to be set in with the food industry. It has been found that people do not just blindly believe all the activities of the food industry and therefore they have a little trust on the quality of food. This is why it has been found that they are always checking the labelling and ensuring any potential frauds and adulteration for taking measures against it. There are various other problems that could be arising in the food industry including the faulty records, frauds and errors is well. Therefore, these problems automatically pose numerous problems in the food distribution and food consumption sector in the United Kingdom. Thus, there is research process going on to make sure that blockchain Technology would most probably provide security to the wastage of food especially in United Kingdom.
By Joshua Jogo6 years ago in The Chain
