Feb 24, 2023Techfastly
Surviving the Downtime: What Polygonscan's Outage Taught Us About Navigating Blockchain
The recent Polygonscan outage was a reminder of the importance of being prepared for blockchain downtime. But what exactly can we learn from this experience? In this article, we'll explore some of the key lessons that can be drawn from the outage and provide guidance on how to navigate similar situations in the future.
Dec 27, 2022Pranita Herwade
Blockchain With IoT Use Cases
It provides advantages of privacy, security, data integrity, flexibility, and efficiency to IoT applications. Integration of blockchain technology with IoT solutions has different use cases.
Blockchain technology is expected to boom in the coming years with an estimated value of USD 163.83 billion market size by 2029.
As the popularity of Bitcoins continues to rise, the first question that comes up in our mind is, Will Bitcoin ever be the "Future Currency" that is accepted globally?
A new trend known as Blockchain-IoT integration is emerging in the market to effectively manage security challenges linked with IoT networks.
As privacy becomes increasingly crucial, organizations must find a method to employ blockchain technology while protecting their consumers' privacy.
In this blog, we will explore the interrelation of Metaverse and blockchain and whether the former can exist without the latter.
As per Market Research Future, the market for Web3.0 blockchain technology will be valued at more than $6 trillion in 2023. From 2023 to 2030, Web3.0 is expected to increase at a CAGR of 44.6%.
Nov 16, 2022Aftab Alam
Impact of Gun Market Moving To Crypto
The gun industry has embraced cryptocurrency in part because some traditional payment processors no longer accept weapons transactions or have made doing business with them financially impossible.
Digital assets are here to stay, and financial institutions have recognized their revolutionary potential and begun to participate in this exciting new environment. Read the article and see for yourself the potential of cryptocurrency.
Smart contracts are computer protocols that allow an agreement to be verified, controlled, and executed digitally.
Nov 11, 2022Saipriya Iyer
A Synopsis of How Web3 is Revolutionizing the Finance Industry and Pushing the Acceptance of DeFi
Defi can leverage Web3 to ease the processes such as receiving a loan, saving cryptocurrency, buying financial derivatives such as stocks, earning better interest than a bank, and money lending.
The digital counterpart of the patient's paper chart is commonly known as "Electronic Health Record" -EHR. EHRs are patient-centered records in real-time that provide information for authorized users immediately and securely. EHR systems are constructed to go beyond conventional clinical data gathering and provide a wider perspective for patient care. EHRs are a crucial component of IT health.
Blockchain technology could be used in storing electronic medical records enabling coordinated care for patients within the network. The shared data of blockchain allows the capture of comprehensive data sets from various countries; including various ethnic groups, geographic areas, environments, and socio-economic backgrounds. This provides health researchers access to vast data samples to study diseases, facilitate new medical discoveries, design patient-specific treatment, and track and develop drugs quickly.
Aug 3, 2022Abhishek Mitra
Cryptocurrency For Business
Cryptocurrency is a rage these days with 36% of small and medium US businesses accepting Bitcoin for financial and other transactions. What can provide more validity for the usage of bitcoins given the fact that AT&T, Burger King, Subway, KFC, Microsoft and Wikipedia are accepting them? Given the surge of acceptance of cryptocurrency in businesses worldwide, we can rightly say that by the next decade cryptocurrency may cover the entire globe.
Almost everyone has heard the assertion that blockchain would transform business and reshape economies and organizations. We're excited by its possibilities, but we're wary of the marketing hype. But we're worried about more than simply hacks and exchange failures (such as the 2014 collapse of one bitcoin exchange and more recent ones) these days. Our research into technology innovation tells us that numerous technological, governance, organizational, and even societal barriers must be removed if there is a blockchain revolution. Making hasty decisions on blockchain innovation without considering the long-term implications would be foolish.
The future always beholds exciting aspects. Things become even more interesting when it concerns the future of the Internet. Web 3.0 is mainly concerned with the next level of the Internet and Internet protocol.
Web3, which has invested heavily in cryptocurrencies and other blockchain technology, has sent executives to the White House and Capitol Hill to promote Web3 as a solution to Silicon Valley consolidation and to propose rules for the expanding virtual world, according to the business.
Web 3.0 comes with a new form of mobile transactions in the form of DApp. DApp will bring a paradigm shift in the world of social media. Now here a question arises on how DApp social media varies from the existing social media of Web 2.0?
If you're still undecided about whether blockchain is the appropriate fit for your company's needs, here's a handy guide to help you decide.