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Initial coin offerings or ICOs have grabbed the attention of a vast populace last year, with a staggering 752 ICO raking in over US$ 5 billion. Interestingly, a majority of the ICOs funded projects are based on Blockchain technology and promises to make a big impact on the respective domains due to its decentralized […]Know More
Crissi Mariam Robert is a mean stack developer who specializes in Blockchain technology. Having her expertise in Ethereum, Hyperledger Composer, Monax, and Quorum, she is an active contributor to Ethereum StackExchange Community. Moreover, she is a Blogger who shares her findings to help others in the community. She has hosted several Blockchain conferences and has worked to build several decentralized applications from various existing centralized applications.
Trust is perhaps the most critical component in any business or a transaction between two people. For instance, if you are purchasing a commodity online, or creating an account in a social media account, you are submitting a lot of personal data to someone. The factor of trust established in such a system is not […]
Back in 1994, when Nick Szabo — a computer scientist and cryptographer from the United States developed the concept of smart contracts, probably no one had expected the disruption it is making to many industries today. A smart contract is simply a computer code running on top of a blockchain containing a set of rules under which the […]
Smart Contracts are like a closed box, the code inside it cannot communicate with the external world on their own. However, it is really important for business applications that its smart contract should communicate with external APIs and data to complete the execution of the business logics. One option for allowing your smart contract to communicate with […]
The penetration of the smartcontracts in fintech is predicted to be the next big step in shape-shifting the financial industry, making it more efficient and transparent. According to a study conducted by Accenture, blockchain as a technology will play an important role in the success of the financial sector in the near future. From the analysis of […]
The worldwide e-commerce retail sales surpassed $2.2 trillion in 2017 and it is estimated to reach up to $4.5 trillion by 2021. Online businesses contained roughly 10% of the average worldwide retail deals in 2017 and over the next 3 years, it will increase by another 5.4%. Amazon and Alibaba are right now the world’s […]
According to the UK’s annual fraud indicator in 2017, it was found that the annual cost of fraud in the UK is £190 billion, equal to around £10,000 per family. A significant portion of this is accounted for frauds happening at different stages of a procurement process in different organizations. Procurement fraud is a malpractice where someone dishonestly gaining […]