Blockchain and 5G networks
The world of technology is constantly evolving, and two of the most transformative innovations in recent years are Blockchain and 5G networks. Blockchain technology, known for its decentralized, secure, and….
Tag: smart contracts
Blockchain-powered smart cities
A smart city is an urban area that uses digital technology to enhance performance, well-being, and reduce costs & resource consumption across the city. A smart city is not just….
Blockchain and Internet of Things (IoT)
The Internet of Things (IoT) refers to the network of physical devices embedded with sensors, software, and other technologies that connect and exchange data over the internet. These devices, which….
Decentralized exchanges (DEXs) explained
A Decentralized Exchange (DEX) is a cryptocurrency trading platform that enables users to buy, sell, or swap digital assets without the need for a centralized intermediary. Unlike traditional exchanges (CEXs)….
Introduction to Web 3.0 architecture
Web 3.0, often referred to as the “semantic web” or the decentralized web, is the next evolution of the internet that aims to give users more control over their data,….
Blockchain in manufacturing (provenance tracking)
In the manufacturing industry, the integrity of product information, quality assurance, and traceability are crucial for ensuring consumer trust, minimizing fraud, and optimizing supply chain efficiency. Provenance tracking refers to….
Blockchain in automotive industry
The automotive industry is one of the largest and most complex industries in the world, involving numerous stakeholders such as manufacturers, suppliers, logistics providers, dealers, and customers. As the industry….
Blockchain for agriculture and food traceability
The integration of blockchain technology in the agricultural sector offers innovative solutions for food traceability, transparency, and efficiency. With increasing concerns over food safety, sustainability, and supply chain transparency, blockchain….
Blockchain in insurance (parametric insurance)
1. Introduction Blockchain technology has the potential to transform the insurance industry, particularly in the area of parametric insurance. Parametric insurance, unlike traditional insurance, does not require a claims process….
Smart Contracts and legal enforceability
1. What Are Smart Contracts? A smart contract is a self-executing code stored on a blockchain that automatically enforces the rules of an agreement when certain predefined conditions are met…..