Blockchain

Ever since January 2021, Elon Musk and his company Tesla have shown interest in the crypto world. For instance, Tesla purchased over $1.5 billion worth of Bitcoin when bitcoin prices were slowly surging. Elon also purchased Bitcoin for his investment use.   Tesla later introduced a payment system involving Bitcoin to pay for any purchase of their Tesla cars. The company noticed the huge prospects in Bitcoin and decided to share its benefits and its reliability.  Primarily, crypto assets have vast…

Today, fantastic, a startup based in London, revealed that it has partnered with Dapper Labs, NBA Top Shot, and CryptoKitties creator. The partnership can shift its private blockchain SWAP NFT collectibles to a public blockchain, Flow, later in the summer. Building NFTs for Soccer Flow is a next-generation blockchain, open-source, which delivers scalability, cost efficiency, and environmental sustainability. It hosts Dapper's NBA Top Shot, where P2P trading accounted for most of the overall Top Shot sales of 600 million dollars,…

There are over 4,000 crypto coins globally, and Ethereum is the second-largest and currently trading slightly above $3,500. Ethereum has maintained its position since its launch in 2015. If that makes sense to you, I guess we both know the platform behind the decentralized finance world is nowhere close to a scam project. As you probably know, Ethereum is an open-source platform running on its Ethereum blockchain that has been monumental in the crypto space. It has been a pretty…

Blockchain browsers, social media, and now recently, blockchain phones all these developments show how fast the blockchain world has been growing in the past few years.  However, although there are several blockchain phones, a large chunk of crypto investors is yet to embrace the idea of blockchain phones. Can't regular phones make crypto transactions? Why should a crypto enthusiast decide to use blockchain phones? Keep reading for more insight on the topic.  Can Regular Phones Make Crypto Transactions? Regular phones…

Blockchain is well beyond its beginnings in banking and crypto: despite declining from the record high of 2018, annual funding to blockchain enterprises has more than doubled in 2020 as compared to 2017. According to CB Insights' Market Sizing Tool, yearly expenditures on blockchain solutions are projected to reach about $16B by 2023. In this article, we shall give essential insights into the future of blockchain and the use cases that have not yet been explored. Stick around! Research &…

Not long ago, Elon Musk called out Bitcoin for its mining mechanisms to wreak havoc on the environment. His apparently innocent tweet dragged the entire crypto market back into bear territory after one of the most impressive bull runs in its history. Besides that, it also raised the question - can cryptocurrencies be eco-friendly? The answer came from the legendary Apple co-founder, Steve Wozniak, and his new project, Efforce. His vision is that of a “revolutionary platform aiming at increasing…

For the past two weeks, top headlines from the crypto space have been on the Chinese crackdown on cryptocurrencies and Bitcoin mining. The country has embraced the technology underpinning bitcoin and has ambitions to implement its digital yuan managed by its central bank. China is now attempting to push its cryptocurrency activities forward.  On the other hand, Beijing is trying to ban crypto mining since they require vast amounts of electricity, often from coal-fired power stations, while the country has…

Input-Output Hong Kong, one of the companies behind the Cardano blockchain, has unveiled its plan for the rollout of its new smart contract platform on May 27. Alonzo will be implemented in September 2021 as the next step in a series of upgrades to the blockchain. It is a hard fork that consists of a series of color-coded testnets. IOG has started the Alonzo Blue test, which will bring new features like smart contracts on the Cardano network and a…

It is always hard to keep up with an industry that constantly launches new successful products by the year. The blockchain world is one such industry that seems just to be scratching the surface of its full potential. Even then, it has managed to top over 22000 different cryptos as of the end of January 2023. While not particularly new in crypto terms, NFTs and Stablecoins are still very new concepts to most people who aren't avid followers of the…