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Blockchain

Top 9 Smart Contract Use Cases & Examples in 2024

Top 9 Smart Contract Use Cases & Examples in 2024

Smart contracts are a blockchain application. Smart contract use cases extend beyond cryptocurrency transactions and improve numerous industries. However, since this is an emerging technology, awareness about smart contracts remains limited.

Feb 226 min read
Bitcoin Smart Contracts in 2024: Challenges & Solutions

Bitcoin Smart Contracts in 2024: Challenges & Solutions

Smart contracts have become popular in the last few years. Most people associate smart contracts with the Ethereum blockchain. Most are not aware of Bitcoin as a platform for smart contracts despite significant developments in Bitcoin smart contracts in the last few years.

Jan 114 min read
Top 5 Blockchain Best Practices to Consider in 2024

Top 5 Blockchain Best Practices to Consider in 2024

Blockchain is a cloud-based network of secure and transparent transactions that has the potential to revolutionize many industries. Blockchain can enable companies to achieve true supply chain visibility, financial transparency, data security, and trust over their suppliers and other business partners.

Feb 204 min read
7 Blockchain Case Studies from Different Industries in 2024

7 Blockchain Case Studies from Different Industries in 2024

Global investment in blockchain technology is skyrocketing (see Figure 1) because blockchain can enhance data exchange in multi-party processes thanks to: Blockchain pioneers have a chance to acquire a competitive edge. However, executives have many investment alternatives and maturity of some blockchain based solutions is low.

Jan 115 min read
7 Key Tech Trends According to Reputable Sources in 2024

7 Key Tech Trends According to Reputable Sources in 2024

Introduction Predicting technology trends and disruptions is a difficult task, but is of significant importance to business leaders and stakeholders to improve their processes, increase customer satisfaction, and optimize business strategies.

Jan 124 min read
Guide to Blockchain in 2024: What is it, Benefits & Development

Guide to Blockchain in 2024: What is it, Benefits & Development

Blockchain is changing the way we transact. It enables more secure transactions, automated dispute resolution, and cost reductions through the use of cloud-based technologies. Consequently, blockchain is a hot topic worth exploring in depth. This article introduces blockchain, discusses its impact on business practices, explores its challenges, and how to develop blockchain.

Jan 114 min read
3 Ways Blockchain Will Transform Insurance Operations in 2024

3 Ways Blockchain Will Transform Insurance Operations in 2024

The image above illustrates the ineffective practices of the insurance sector. Blockchain technology has the potential to improve core insurance practices such as detecting fraudulent claims, automating claims processing, and improving the underwriting by enhancing flow of information. These improvements give insurance companies a competitive advantage. 1.

Dec 233 min read
Cryptocurrency ETFs for Institutional Investors Capital in 2024

Cryptocurrency ETFs for Institutional Investors Capital in 2024

In a 2022 NASDAQ survey on cryptocurrency ETFs found that more than 70% of financial advisors will be more likely to invest in cryptocurrency if crypto spot ETFs were offered.

Jan 114 min read
Digital Yuan in 2024: China's Attempt to Replace  USD

Digital Yuan in 2024: China's Attempt to Replace USD

The digital yuan is the second central bank digital currency after the Bahamian Sand dollar, and the first issued by a major economy. The e-CNY is currently undergoing public testing with ±750k lottery-chosen participants to test its usability and effects on domestic and international transactions, as well as between offline devices.

Jan 125 min read
Central Bank Digital Currency (CBDC): In-Depth Guide in 2024

Central Bank Digital Currency (CBDC): In-Depth Guide in 2024

Central bank digital currencies (CBDC), also called digital fiat currencies, or digital base money, are a form of digital money issued by a government central banks for household and business use. CBDCs are not meant to replace cash and bank deposits but to coexist as additional payment methods.

Jul 176 min read