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. […]

BlockChain

Blockchain Weekly Roundup #1

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Blockogy- blockchain technology roundup

Blockchain technology continues to make headlines across the web. We are still in the early days though and the experts agree. “We’re still in the little by little phase but I anticipate progress will compound in the coming decades and we’ll see ubiquity of these technologies in 20 years’ time.” says the CEO of Blockchain. […]

BlockChain

What is blockchain technology?

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Blockchain Technology- what is it? Blockchain technology uses peer-to-peer technology to send payments or data from one entity to another without the involvement of a financial institution or other central entity. This is a beginners guide to what is Blockchain, however you may find the Blockchain ELI5 explanation worth a read. The concept and technology […]