What Happens Without External Data? — Smart contracts are programs stored on a blockchain that run automatically when certain conditions are met. Way back in 1994, Nick Szabo made an interesting connection — he realized smart contracts could work well like vending machines. [1] When you put money into a vending machine and punch a button…

The Significance of Private Keys in Cryptography — Have you ever questioned why Bitcoin’s source code is openly accessible despite security concerns? For Bitcoin, the public disclosure of codes is a commitment to transparency and openness, as it allows anyone to examine its inner workings. Here, Kerckhoffs’ Principle plays an important role in the development of cryptographic innovations. …

Neobank’s Digital-first Approach is Magnetizing Younger Generations — The emergence of digital-first institutions called “Neobanks” has made financial services more accessible and user-friendly. The rise of neobanks at the forefront of the financial evolution is rewriting the rules of how we manage and transfer our money. What Is a Neobank? A neobank is a digital-first financial institution that operates exclusively online, without…

Use hooks to spark attention from the start. — In this fast-paced world, people are too busy to press ‘see more’ to open your post. True. Even if it only takes a mere second. I’ve been penning my thoughts on technology and creativity on LinkeIn for the past two years. With over 3K followers, I became part of the…

Balancing Scalability and Decentralization — Bitcoin, the pioneer of blockchain technology has captured the world’s attention with its decentralized and immutable nature. Yet, as its popularity grows, so does the need for scalability. The mantra of “bigger blocks” has been thought as a popular solution to Bitcoin’s scalability challenges. …

Practical Guide for Accepting the Future Philanthropy — Why are more organizations considering to accept crypto donations? The reason is clear — because the benefits outweigh the drawbacks. Here I would like to outline the benefits and challenges linked with fundraising from “modern donors”. 1. The Basics of Cryptocurrency Cryptocurrency is a decentralized digital form of money utilizing blockchain technology based on cryptographic…

Modeling tasks to make meaningful interpretations — “EDA” stands for Exploratory Data Analysis. Data scientists use EDA to explore and analyze data sets, with the aim of summarizing key characteristics of the data. These are some commonly used methods in EDA: Summary Statistics This method provides basic statistical measures such as mean, median, mode, standard deviation, minimum, maximum, and…

Guiding Newcomers into the Blockchain Technology — Are you curious about how smart contracts work on the Ethereum network? Although smart contracts are a fundamental concept on the blockchain, fully comprehending their potential may be difficult without practical experience. Here we will explore how to deploy our first smart contract on the Ethereum network using Remix IDE…

Easy Step-by-Step Guide for Absolute Beginners — Interested in establishing a DAO organization on your own? I would like to share my own exciting experience with you. As we move into the era of the Decentralized Internet, there are a lot of helpful tools available for creating and managing DAO projects in the Web3 space. Here I…