Smart contracts are blockchain-powered business contracts that facilitate the enforcement, verification, and performance of digital transactions automatically with optimum accuracy. Even in the absence of third parties, the transaction will be enabled through Smart contracts.

Currently, the healthcare business faces various challenges, from an increasing number of patients, participation of intermediaries, drug counterfeiting, administrative inefficiencies, and more. An application…

The value of digital assets is currently at an all-time high and is widespread. Here, digital assets cover cryptocurrencies, stablecoins, and non-fungible tokens. They are created to enhance business operations, provide a seamless flow of transactions, and protect a company's legitimacy. Businesses that deal with digital assets have a lot of opportunities to provide their consumers with services and business models that are of decent value.

What are some instances of digital…

Do you know that ‘invoice’ processes consume around 3.5 hours per month for small business owners? It is because invoicing involves creating, transferring, receiving, and reviewing invoices. A small error in these processes may result in payment delays.

When it comes to payment processes, automation will help to improve the speed and accuracy of transactions. Blockchain-based payment methods will enable you to handle invoices with ease. How is it possible?- Let us find out!

How…

“Don’t wait for the right opportunity; create it” - George Bernard Shaw. He is not wrong anyway! Running a company and coping with the ever-changing competition is not easy. Blockchain technology will be an influential component for futuristic enterprises.

When compared to other technologies, blockchain has the potential to bring practical solutions to complex and costly problems. Especially for modem businesses, the addition of distributed ledger technology will be a bonus.

Do…

Every upcoming and existing business has to be up-to-date in this internet saga. As soon as the customer demand changes, the competition will suddenly increase. This pushes the enterprises to take up risks by adopting emerging and innovative technologies.

In recent years, we have witnessed the widespread adoption of cryptocurrencies. It leads to the evolution of crypto-based services like trading bots, exchange platforms, crypto payment applications, etc. Among them, cryptocurrency…

Introduction

Cryptocurrency exchange platforms are the easiest way to convert one virtual currency into another. The platform will collect a transaction fee for every transaction.

We know that an individual cannot purchase cryptocurrency in banks. They will be available only on exchange platforms where users exchange them for fiat. Recently, the public interest in digital currencies has increased. As a result, the crypto exchange platforms face various challenges, among which…

Recently, the term ‘DeFi’ has been crawling all over the internet. The advent of technologies like cryptocurrency and blockchain has created a big impact in various industries. Thanks to the decentralization!

The main feature of DeFi is decentralization which means there is no central authority present in the network.

Let me explain how this works. Consider you are about to apply for a home loan. To proceed with the process, you must contact various bank authorities. At the…

Operational Efficiency

Blockchain helps to streamline multiparty processes across an entire organization and enhance the overall efficiency of the operations.

Eliminate Risks

With cyber-proof security levels, blockchain aids in optimizing the shared workflows, increasing accountability, and reducing risks.

More Revenue Streams

Blockchain-based businesses have increased brand trust since every move they make is authentic, thereby driving more sales.

New…

Blockchain helps businesses to adapt to the new normal with excellent security, greater transparency, and enhanced workflow. Be it any industry - fintech, healthcare, e-commerce, supply chain, education, insurance, gaming, social media, and real estate - blockchain finds its way to transform the business processes in ways more than one could imagine. When a business meets this dynamic technology, data integrity & accessibility, security, operational efficiency are all impacted…

We guess you know about the world’s second-largest cryptocurrency ‘Ether.’ It is developed on the popular blockchain network – Ethereum.

Despite the competitors, Ethereum still remains the favorite blockchain for dapp development. This decentralized network acted as the only reliable place for deploying the first dapp ‘Bancor,’ back in 2017.

Ethereum blockchain has a wide range of application development tools and frameworks, so the creators consider it the best pick over other…

The Internet is an evergreen technology! In the earlier days, we had internet accessibility only on a few devices. But the scenario is exactly the opposite now. Internet is available on most gadgets like mobile phones, televisions, computers, laptops, smart watches, etc.

Internet Of Things And Smart Homes

IoT devices are a combination of hardware & software that help in promoting automation in various fields. These devices play a fundamental role in building Smart Homes. In…