Blockchain technology has the potential to turn the tables, helping industries and businesses by streamlining supply chain management. Blockchain is an open-source, distributed ledger that can record business transactions between participants in a secure, verifiable, and permanent way. It’s designed as tamper-proof, hacker-proof, and makes data sharing to be secure and easy. The main important feature is guaranteeing the authenticity of the information that is stored in the system. This te...

In simple terms, fungible tokens are interchangeable or exchangeable, while non-fungible tokens are non-exchangeable. One should notice the main difference that in NFT is the transfer of ownership when a purchase or sale is made. However, functionality, purpose, data, and uses are stored in the blockchain in these tokens. ...

Insurance industry plays an undeniable role in every human life. Be it health, property or any risky insurance; everyone has their covers and claims. The workforce and processing of the insurance sector can be enriched with blockchain technology.  Many insurance companies are either already adopted or planning to pilot blockchain technology across their business units. This is mainly due to the level of trust, transparency, and immutability that blockchain provides is impeccable.  Now let ...

Today, there is great hype surrounding NFT. Many artists, celebrities, creators are investing in NFT development to represent their works and sell them through the NFT marketplace for gaining profits. NFT marketplace development is becoming a high revenue business. Many entrepreneurs are already launching the NFT marketplace to facilitate seamless NFT transactions and get high returns. To run a perfect NFT marketplace, you should have complete knowledge of the market space and its advantages....

Cryptocurrency grabs the attention of financial experts, investors, and traders due to its growing market value. Bitcoin was the first cryptocurrency ever, and it stands top in the space even now. The bitcoin has surpassed many chaotic arguments, undesirable judgments about its value, and has now proved itself at the rapid growth crypto market. As of now, BTC has aspired around 5000+ cryptocurrencies to evolve in the crypto market space. Trading the cryptocurrencies for distinct coin pair...

Blockchain is an evolving technology that disrupts different industries in different ways. Notoriously, in the financial sector, the blockchain was the pioneering technology that facilitates hassle-free secured transactions. Exciting features of blockchain can impact cross-border payments and enables easy, efficient funds transactions. Blockchain cross-border payment solutions can facilitate seamless cross-border transactions with reduced time and costs. In this blog, get to know how blockcha...

Recently, in the crypto sphere, there is a big hype surrounding Non-Fungible Token (NFT), and people are frequently using the broad term NFT. There is a high demand for NFT development services. But, Non-Fungible Tokens have been around for a couple of years already. Why is this sudden increasing popularity around NFT? What makes this NFT so powerful? Is this really potential?  Let’s have a look at this blog, to get relevant answers to your queries. ...

Cryptocurrencies are booming! Many people are looking forward to investing in cryptocurrencies to leverage the enormous profits in the crypto world. Crypto wallets are playing an essential role in performing secure and efficient crypto transactions. If you want to develop secure crypto wallets,  you need to choose a multi-cryptocurrency wallet development company and access the excellent cryptocurrency wallet development services.  Before getting into wallet development, you need to know the ...

Blockchain is one of the technologies that is poised to disrupt the way companies and individuals process financial transactions on a global scale. Though it’s increasingly common for businesses to source goods and services internationally, the cross-border payment system hasn’t changed in decades.  Each phase in the crypto cross-border payment solution requires time and money with the average cost of remittance. So this can be eradicated through blockchain technology.  ...

Decentralized application (Dapps) connects users and developers directly by excluding the third party who hosts and manages the code and user data.  Usually, there is no permission required for building a Dapp, and there is no centralized group of people that can change the platform’s rules.  The backend programming code on Dapp runs on a decentralized peer-to-peer network, and the front-end code can be written in any programming language that makes API calls to its backend.  ...

Cryptocurrencies are getting hype in the digital world. Many people are showing interest in cryptocurrencies to pay for what they purchase. It increases the demand for reliable crypto payment systems, and many companies are providing cryptocurrency payment gateway development services to improve their client business. Adopting crypto payments brings a lot of benefits to businesses.  In this blog, let’s discuss the various ways crypto payments boost businesses. What Is Crypto Payment Gatewa...

The supply chain system is an integral part of every business. But, the current supply chain process is complex and has many pitfalls that need to be eliminated for better efficiency. Thanks to the arrival of blockchain technology, which is decentralized, immutable, and secure, and also paves the way for gaining prodigious benefits in supply chain management. Blockchain in supply chain management is evolving, and many companies are utilizing its ultimate features to boost their business. In t...