One of the best features of blockchain technology is its ability to erase the need for intermediaries. Thanks to smart contracts! This contract is the system on the back end that enables a peer-to-peer system for users. …

So far, smart contracts have grown in popularity over the past few years. It gives rise to an expectation that this technology will continue to grow in use and application over the next decade. What Are Smart Contracts? Smart contracts are digital agreements self-enforceable through computer code. They provide a secure and transparent way…

At present, second-generation blockchains are remarked as much faster, cheaper, and easier to scale than Bitcoin. Meanwhile, third-generation blockchains have promised to allow more significant optimizations. However, we cannot conclude that there is no flaw in these systems. Even though both these blockchain generations have efficient features, they still have…

Right now, ChatGPT is the talk of the tech world! Undoubtedly, AI is getting more and more powerful these days. OpenAI’s ChatGPT is a perfect example of it. ChatGPT is an AI tool launched in November 2022 to explain and feature massive functionalities of core technologies like AI and ML…

Halloween is just around the corner, and as we gear up for the spooky season, the cryptocurrency market is also experiencing its own version of the “Halloween effect.” Halloween Effect! The Halloween effect is a well-known myth among traders in which they hold their cryptocurrencies and other assets, such as equities, from…

POAP NFTs, or Proof of Attendance Protocol, is a type of non-fungible token (NFT) used to prove attendance or participation in a specific event, such as a conference, meetup, or online course. These tokens can also be used as a reward or recognition for participating in a community event or…

The awareness of blockchain technology has spread across borders. Now, everyone is quite familiar with its basic functioning and knows the difference between a database and a blockchain. This shows that this booming technology has come mainstream and has gained the trust of many. Smart Contracts If you are in the blockchain…

Does the above title interest you? NFT Smart contracts — What are they? What do they do? What is so special about them? — Let me explain these questions one by one in this blog! First, an NFT smart contract is vital for the proper functioning of NFTs. This technology…

The Crypto market space is booming to a greater extent across the globe. The investors and traders are diving into the crypto market due to various options such as crypto coins, IEO, ICO, and other innovative fruits. Most traders play the game of winning trade deals to earn passive income…