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Decentralized Finance (DeFi) is the financial system built on decentralized blockchain technology. It achieves distributed consensus by utilizing smart contracts over the blockchain, such as Ethereum. It is linked explicitly with the…

Over the past decade, blockchain technology has proved that it’s one of the most encouraging developments of our time. It leads to increased efficiency from transparency in records and one source of truth, by creating one copy of a ledger…

Smart contracts are automated agreements that run once the conditions are met. The contract is initiated between the contractor, creator and the recipient. Automating the execution of the agreement, triggering the next action,…

Metaverse is one of the most trending terms currently where businesses are trying to make a rapid switch to the virtual reality world through Metaverse in order to have a global presence. But what is Metaverse, and how is it useful for…

What is Token Gating?Token gating is a verification method utilized to restrict access to certain services, websites, and applications depending on the ownership of the token. Here, token gating refers explicitly to ownership of NFTs or…

Blockchain maintains an asset provenance trail at every step of the process. This allows consumers to raise concerns about the environment, human rights, or if the industry is plagued by counterfeiting or fraud. Customers can view the…

Share this post: An oft-overlooked clause of the US FDA’s Food Safety Modernization Act (FSMA) has the potential…

The requirement for Web 3.0 decentralised finance was planted during the year 2008 when the world experienced a financial meltdown that lasted nearly two years. The financial crisis resulted in an increase in unemployment, a decrease in…

November 2, 2022 | Written by: Simon Ellis Categorized: Supply chain | Supply Chain readiness…

The technology stack of Web 3.0 comprises of a decentralised network that is highly user-centric. Web 3.0 is based on a peer-to-peer network in which no single authority has control. No centralised servers are present and information is…