Blockchain Technology: Understanding the Basics of this Revolutionary Technology

Blockchain technology is more of a distributed ledger technology.  It is associated with the use of cryptography to secure and validate transactions on a network of computers. These transactions are grouped together in blocks, which are then linked together in a chain, creating an unchangeable and transparent record of all transactions on the network. The …

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Exploring the Boundless Possibilities of Non-Fungible Tokens: A Deep Dive into NFTs

Non-Fungible Tokens (NFTs) are revolutionizing the way we think about digital assets and ownership. In this article, we will explore what NFTs are, how they work, and their potential impact on various industries. What are NFTs? Non-Fungible Tokens (NFTs) are digital assets that represent ownership of a unique item such as an image, video, or …

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stablecoins

What are stablecoins

Stablecoins have their market value pegged to an external reference like gold or the US dollar. Such external references are referred to as reverse assets. In short, a stablecoin exists to offer an alternative to highly volatile cryptocurrencies like Bitcoin. Thus, the presence of stablecoins has attracted more people into the crypto world.  Stablecoin definition …

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Niches in Cryptocurrency and Blockchain industry

Cryptocurrency and Blockchain Industry in 2023(Definitions, use, opportunities, market, news)

Over the last decade, topics on cryptocurrency and blockchain technology have made headlines with innovative developments. This development has gradually created numerous niches. As a result, the notion that  cryptocurrency is all about trading has been wiped off. Today, the crypto or blockchain industry reflects a sea of activities characterized by tremendous opportunities.  What is …

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