Month: August 2020

4

Benefits of Using Blockchain for Data Storage

Blockchain is envisaged as one of the most overly-hyped technologies of this era, and the number of recent searches regarding this technology on the web has skyrocketed in the last few years.  People are willing to learn the potential implications of Blockchain. On the flip side, enterprises are figuring out what are the potential benefits …

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2 5

The Impact Blockchain Technology Will Have in Supply chain and Logistic

Blockchain is a digital ledger on which users can make permanent and public records of the details of their transactions. Such details are protected by cryptography in blocks that are chained together in chronological order. Users are then able to trace and verify their records with ease. Being public means that recorded data is viewable …

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What’s an ERC 721 Token: Here’s Its Applications and Advantages

Since the launch of the Ethereum network, cryptocurrencies have become more mainstream, thanks to its ecosystem’s support for tokens to be used in smart contracts. The network has made it simpler to develop tokens to be used for specific tasks through the ERC standards. The most common token standard, ERC-20, has had its fair share …

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