Key takeaway: Essentially, Web 3.0 is a new iteration of the internet that’s powered by new technologies like artificial intelligence, machine learning and most importantly, blockchain technology. Web 3.0 aims to create a more open, connected and intelligent internet that is permissionless and open to everyone without monetizing personal data. Web 3.0 is the next […]
Month: September 2021
Key Takeaway: The main difference between the current Ethereum network and Ethereum 2.0 is a change to the consensus mechanism, where it’s transitioning from PoW to PoS. This will bring several improvements, with the most significant being improved scalability, security and sustainability. Essentially, Ethereum 2.0 aims to enhance the speed and scalability of the Ethereum […]
Elon Musk, the CEO of electric vehicle manufacturer Tesla and aerospace firm SpaceX, has suggested that the US government refrain from regulating the crypto market. He shared these sentiments while speaking at the Code Conference in Beverly Hills, California. Specifically, he responded to New York Times columnist Kara Swisher after asking whether the US government […]
Blockchain is poised to revolutionize the world. It’s applications stretch into a wide range of industries including, financial markets, supply chain management and even health care. However it seems that certain industries will benefit from the application of blockchain technology quicker than others. This article will explore both NFTs and blockchain gaming- two industries that […]
Blockchain technology is poised to be one of the most innovative and disruptive technologies in recent years. It offers true decentralization, trustless transactions, high security and immutable record-keeping. This new and disruptive technology has created an emerging industry that is focused on developing new solutions that offer significant improvements on legacy systems of the 21st […]
Key Takeaway – If you’re a long term investor and you believe that you’re making good long term investments, it doesn’t matter whether we’re in a dead cat bounce as much as it would if you were a short term trader. Time in the market always beats timing the market. In May of this year, […]
What is Polkadot? Polkadot is a next-generation blockchain platform that unites multiple different blockchains into a unified, scalable network. Essentially, this means that Polkadot basically enables different blockchains to interact – or talk to – each other. This is known as immutability. By providing the foundation for an interconnected ecosystem of blockchains, Polkadot will enable […]
The promise of DeFi Decentralized finance (DeFi) has introduced a new financial system that is more transparent, cheaper, quicker, and less reliant on government-controlled or centralized financial institutions. However, recent regulations could spell doom for the new digital economy industry, especially for companies based in the United States. The U.S Infrastructure Law After months of […]
Although it might be easy to dismiss the current bull run in the cryptocurrency market and overall decentralized finance (DeFi) sector as nothing more than hype fuelled by speculation, the numbers tell a different story. According to Statistica, 2021 has seen the highest number of Bitcoin ATM installations, with the United States, Canada, Australia, and […]
Put simply, smart contracts are just digital agreements that are codified and stored on a blockchain. These agreements can be triggered automatically without any intervention from intermediaries, which as you can imagine, significantly increases efficiency and reduces both transaction costs and time. They also benefit from the unique nature of blockchains, which makes them extremely […]