BlockChain

5 Reasons Why Blockchain Will Succeed

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Blockchain is a fintech favourite   Since the blockchain technology is open source and decentralised, miners can just build on the existing code without altering the original chain. If somebody has to tamper it, he will have to re-write the complete history immediately. That’s impossible to accomplish, making blockchain the most secure way of storing […]

BlockChain

Five Reasons Why Blockchain Will Fail

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what is blockchain technology

Cryptocurrency prices are sliding and the world is arguing over the usefulness of Blockchain as a technology. The truth is that blockchain technology may not have taken off as much as it should have. Here are top 5 reasons why:   Blockchain is making claims bigger than it can handle It is trying to replace […]

BlockChain

Blockchain Paves The Way For Creative Tech Startups

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Financial use cases of blockchain technology have been in the spotlight for quite a while now and if you thought that is where the rabbit hole ends, you couldn’t have been further away from the truth. Blockchain is indeed showing signs of being more than just Bitcoin and crypto. Many non-financial players are starting to […]

BlockChain

Will Blockchain Kill the Energy Monopoly?

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We all agree the energy sector has been a highly centralized and monopolised industry for a long time. Affordability, reliability and emissions-intensity have become core concerns for households and businesses. In most countries the supply and retail of electricity has shifted from fully government owned operations to a regulated, centralised, and privatised ownerships. The monopoly […]

BlockChain

What are ERC20 Cryptocurrencies

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What are ERC20 Tokens

ERC20 tokens follow a set of rules which need to be met in order for a token to be accepted and called as ‘ERC20 Token’. ERC stands for Ethereum Request for Comments. The difference between these tokens and a standalone currency like Bitcoin or Litecoin is that ERC20 tokens are compatible with the Ethereum network […]

BlockChain

A brief history of Bitcoin

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Bitcoin History

Bitcoin has played a huge role in the cryptoworld so far. It is playing a huge role in the finance world right now. Regardless of the fractions that may be forming within the cryptworld, one thing is undisputed. That is the value that blockchain technology is bringing with it. Bitcoin can be thanked for that. […]

BlockChain

Forks 101: A beginners guide to cryptocurrency forks

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What is a crypto fork or a bitcoin fork

Before we explain what a cryptocurrency fork is. It is best to understand some common terms. So first things first, the basics: Mining Mining is the process of validating transactions via cryptographic ecalculations. Miners are rewarded in cryptocurrency (the crypto being mined) for their effort. The reward is usually a variable ‘mining fee’. Digital signature […]

BlockChain

Evolution of blockchain and cryptocurrency

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Evolution of blockchain and cryptocurrency

Blockchain technology and cryptocurrencies are about to go mainstream. Right now you say? well no. So how long will it take? Well, your guess is as good as mine and any guess is purely speculative. What we do see though are significant events that are paving the way for blockchain technology, helping take it mainstream. […]