Blockchain Technology Articles

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What is Blockchain Technology? - A Simple Guide For Beginners
Have you ever heard about the term "Blockchain"? If says No, then check out this entire blog which we have written about blockchain technology. Here, we have written a complete guide about blockchain technology and its properties for beginners. Read this article and know more about blockchain. Lets get into the topic.What is Blockchain Technology:Blockchain was invented by a person "Satoshi Nakamoto" in 2008 to perform the public transaction ledger of the cryptocurrency coin (first digital currency). The identification of a person is unknown. The Blockchain, by the word which says about wh...

Implementations of Blockchain Technology Apart From Cryptocurrencies
What is the first thing that comes to your mind when you hear the word Blockchain? Is it Bitcoin and other cryptocurrencies? If yes, you are not alone. Generally, people associate Blockchain with Bitcoin and other cryptocurrencies. However, what they don’t know is that Blockchain is used in various other industries and sectors as well.Today, you can find the distributed ledger technology in various sectors, like the financial industry, governments, banks, and others. It is predicted that Blockchain will change how the way banks, financial institutions, healthcare industry, and IT indus...

Key Things You Need To Know About Blockchain Technology
Currently, Blockchain is one of the most trending buzzwords in the field of technology. But what really is it? And why are the people around the world talking about it?Let’s start from the beginning. Bitcoin is a cryptocurrency that was the first major application of blockchain, which was released in 2009. A cryptocurrency is a digital coin which runs and being managed on blockchain technology.Understanding how the bitcoin works with blockchain will enable us to see how this revolutionary technology can be utilized in many other real-world scenarios.The Bitcoin Blockchain Technolog...

What is Blockchain Technology?
Image Source : blockgeeks.comHow Blockchain technology originated?Blockchain was developed by a group of individuals under the pseudonym, Satoshi Nakomoto in 2008, to make a decentralized, publicly accessible ledger for recording digital transactions.Bitcoin is the first and most prevalent cryptocurrency launched, in view of the blockchain network. The Bitcoin blockchain was developed for facilitating the exchange of bitcoins across the network, while simultaneously maintaining a ledger of such transactions.Other instances of Blockchain include Ethereum,Corda,Hyperledger, Monero...

Benefits of Blockchain Technology in the Manufacturing Industry
Blockchain technology has started reaching high in the market and also have a huge impact on the manufacturing industry. In the current days, the world highly gains attention towards terms like cryptocurrency, bitcoin, ethereum token & blockchain technology. The reason is nothing that most of the peoples are getting more benefits from those technologies, especially blockchain.When it comes to blockchain technology, it has evolved a lot in the market and has brought more benefits. In this article, I am going to cover blockchain technology, its evolution and how blockchain technology helps...

Gartner shows itís a long, long road for blockchain technology
According to the Gartner Hype Cycle, blockchain isn’t going through its best moment. In fact, the exact words used last week were “sliding into the trough of disillusionment”. Ouch. That’s hardly encouraging for the blockchain and crypto pioneers who’ve been clamouring for mass adoption. If Gartner is right, most blockchain technologies are still between five to 10 years away from having any meaningful impact.What is the Gartner Hype Cycle?Enterprise research firm Gartner is well-known for its informative reports and predictions across industries and bu...

Why is blockchain the one of the promising technology for the future (and now)?
The blockchain was introduced as a technology for performing secure, peer-to-peer transactions using cryptocurrencies. Over the years, the use of blockchain has evolved from the cryptocurrency industry to many more, as a technology for secure storing and transfer of digital assets (and not only tokens). When we talk about futuristic technologies, the common options that come to our mind are Artificial Intelligence (AI), AR/VR, IoT (Internet of Things), 5G, 3D printing, and the blockchain. So, why is it that blockchain is being considered as a technology with great potential? Which pot...

The Future Landscape of Blockchain Technology, Services and Products
Following the natural boom and bust cycle similar to any other teething technology, Blockchain is finally taking its first major step towards a much bigger integration in the larger economy. While the road so far has been both exciting and also nerve-wracking at times, Blockchain has slowly but surely entered the bookmarks of technology giants like Google, Microsoft, IBM, and others. But does this mean that Blockchain and related projects are going to explode in upcoming years or will the industry take a more conservative approach towards it? To find out read this blog on The Future Landscap...

6 Ways Blockchain Technology can Impact your Business
The blockchain is more like a record keeping system inter-linked using cryptography.Every node has a cryptographic hash from its previous node. Each node comes with time-stamp and transaction data. This makes it immune to any data tampering.Recently, it has gained great popularity for its multipurpose functionality. And blockchain's integration with AI is helping increase its productivity.The blockchain is not only used for managing cryptocurrency but also help in managing business firm operations.Blockchain helps achieve business targets and positively impacts their operations. In the...

How to determine the security of blockchain technology?
The blockchain is globally considered as one of the most secure ways for storing and transferring digital information but how do you determine the security of blockchain or find out whether it is secure enough for your systems? Let’s discuss.The security of Blockchain lies in its ability to ensure transparent, immutable and tamper-proof transactions. This is managed by the various characteristics of blockchain, such as Decentralization, Cryptography and Consensus. So, the security aspect of a blockchain can only be understood in the terms of these features.Decentralization - A sing...

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