Since its introduction to the market, blockchain technology has grown in popularity. The early applications of blockchain technology were in finance, such as cryptocurrency. Companies will be driven to innovate in blockchain payments as the world becomes more globalized and demand for cross-border payments grow. As the blockchain experts feel, Stellar Core is one of the most essential distributed technologies that allow anyone to create low-cost, rapid financial solutions.
Concept of Stellar Blockchain
The goal of Stellar and the team dedicated to creating it is to enable people to receive and send money around the world securely and smoothly. It…
The IoT technology stack refers to the range of technologies, applications and standards used to develop an IoT application. It encompasses everything required to build the application, transmit data and generate actionable alerts or other necessary insights.
It might look simple, but it involves different layers of several technologies for an IoT project. Moreover, it’s not just about combining the right technologies but also doing it in an accurate, secure and cost-effective way.
NFT marketplace is a platform to create, buy, sell and trade NFT tokens. The marketplaces are gaining immense visibility with a wide range of audiences, including developers, crypto enthusiasts and investors. Millions of dollars flow through these platforms monthly. Forbes states that the NFT market has grown by 1785% in 2021.
Platforms like Rarible, OpenSea, Sorare and Foundation are springing up rapidly. OpenSea is the largest NFT marketplace. It is home to anything from artworks to virtual lands, sports and music. Its website consists of around 4 million items under 200 categories.
This article discusses essential features of a marketplace…
The advent of the internet and social media have facilitated artists to upload, share and acquire immense likes and followers for their digital artwork. But, how can they go to encash this virality?
Being a part of the digital world, digital creators have numerous options to monetize their creative work. Due to blockchain innovations, artists are initiating towards a level of empowerment that has never been known ever. It has become possible only with the inception of NFTs. …
With the paradigm shift in technological advancements, the world has evolved to the global era of digitization. Today, innovative technologies are continuously driving change in every industry. Smart use of technologies has become an integral part of our daily lives, like using mobile phones to automate our daily processes, data analysis for extracting insights and other multiple use cases.
Digital transformation is a result of the implementation of such revolutionary technologies. Digital transformation in finance refers to restyling of financial services by utilizing technologies to make the existing system significantly better.
Blockchain came with efficient solutions to multiple issues prevailing in telemedicine systems. Solutions to increasing counterfeit drugs, data breaches and other significant factors became the driving force for Blockchain healthcare market growth. Marketsandmarkets predicted that the global Blockchain healthcare market would reach 829 million USD by 2023.
Blockchain facilitates the telemedicine sector by providing secure data sharing, the privacy of PHIs and verifiable data. The incorporation of Blockchain in Telemedicine gave it the required boost and increased its market value. …
Most of the enterprises opt for the Ethereum platform to release their tokens. The fact that Ethereum has a good eco-system and Turing completeness is the primary reason for choosing Ethereum. Along with these advantages, there are some shortcomings of Ethereum too. The major drawback of Ehereum is that it completes only 14 transactions per second. This drawback has led many existing dApps to move off Ethereum and look out for some better options.
When looking for other blockchain platforms, Stellar Lumens allows you to launch a custom token, serving as a basis of an eco-system.
Here’s a quick rundown…
Blockchain, the distributed ledger technology, has disrupted every industry worldwide. As the technology moves towards its maturity, more varied potential applications, we get. From the financial sector to the healthcare industry, Blockchain benefits every existing sector of society. New innovative Blockchain-based solutions are being developed to bolster trustworthy vaccine distribution and serve the community at large.
This article discusses the challenges involved in vaccine distribution and how Blockchain aids the vaccine supply chain.
Have you been mulling over an idea to incorporate blockchain technology in your business venture? Or perhaps, looking for innovative ways to amplify the blockchain arena in your upcoming projects? If so, it is extremely crucial to keep track of the ample benefits necessary for the scaling phase of your start-up.
The rising pandemic has emerged as a pacemaker in accelerating the technological transition in several perspectives, including blockchain technology. Keeping pace with the impending blockchain benefits is a nick of time, especially for both investors as well as developers.
The finance sector has shown significant advancement in its services with the advent of Blockchain technology. Blockchain had already pumped the cryptocurrency industry and the emergence of Defi on top of Blockchain has empowered the industry even more. The Total Value Locked (TVL) in Defi protocols by Defi Pulse is at $26.57 billion today. It is noticeable that Defi is continually increasing its popularity worldwide. It has grown more than 20 folds in a single year.
Defi has become one of the sizzling topics of discussion in the crypto space with such increasing popularity.
Decentralized finance is abbreviated as Defi…