How a Blockchain Based Identity Management System can Prevent Identity Thefts and Frauds.

According to reports from the Wall Street Journal, in the year 2017, over 16.7 million people in the U.S were victims of identity fraud. These numbers only represent the cases that were reported. Most of the time, individuals have no idea that their digital identities have been compromised until they attempt to purchase a property or […]

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How Blockchain technology is disrupting the retail industry

The retail industry is focused on customer experience and technologies such as artificial intelligence to conversational bots to future payments are revolutionizing that domain. But what about Blockchain? While blockchain was developed a decade ago, it has been compared with the internet in terms of the impact it could have on business and society. Michael […]

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How Blockchain is transforming the Real Estate industry

The real estate sector is now witnessing growing interest from buyers after nearly a decade of slow growth since the great recession in 2008. People are now willing to invest more, thanks to the improved financial positioning of economies and flexible banking options. However, the increased interest also brought with it a higher rate of fraudulent […]

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How Blockchain can improve Healthcare Management

In the 1960s the average medical cost per person was just $160. According to a report by CNBC, an average American spends nearly $4,000 toward health care each year, at this rate, it is expected to strike $5,000 by 2023. The healthcare field today is rife with corruption due to extensive third party involvement. This […]

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How to launch a compliant ICO – Private ICO ?

Note: This post does not provide legal advice. In any token sale, there are a host of legal requirements to consider. Please consult your own securities lawyer. “I believe every ICO I’ve seen is a security… ICOs that are securities offerings, we should regulate them like we regulate securities offerings. End of story.” This is […]

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Application of Blockchain Technology in Energy sector

Blockchain has become a buzzword, but leaving the hype aside, when applied to the energy sector, it has the potential to reduce business complexity and improve both profitability and customer experience. The use of blockchain, in combination with other emerging technologies such as smart contracts, intelligent sensors and the “internet of things,” could change user […]

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How to set up Ropsten testnet for your smart contract

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 […]

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How to set up Oraclize in your smart contracts.

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 […]

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How blockchain technology embraces the challenges faced by migrants

Since its inception, Blockchain technology has made a big impact in overcoming the pain points of various industries. Migrant issues are one among the pain point that has found its solution with the technologies inherent features. Challenges such as banking availability, identity verification etc have been the most prominent problem faced by migrants. From transparently […]

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Watchout for these common mistakes entrepreneurs make in launching ICOs

Initial coin offerings or ICO have gained much wider attention over the past couple of years. In 2017, the ICO funding market exploded with a whopping $1.2 billion with more than 94 ICOs. It is expected to reach $1 trillion valuations at the end of this year. However, most of the ICOs launching nowadays has failed […]

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Smartcontracts in fintech: The possibilities

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 […]

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Revolutionizing remittance industry with Blockchain

According to the World Bank, the officially recorded remittances to developing countries during 2016 is $429 billion. This may come as a surprise to those who are unfamiliar with the multi-billion dollar market of remittance industry. Technically speaking, remittance is a peer-to-peer transaction among migrant workers to their families in the home country. These global […]

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