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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Application of Blockchain Technology in Energy sector

Blockchain has become a buzzword, but leaving the hype aside, blockchain in the energy sector 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 engagement and potentially alter […]

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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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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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Bridging the cryptocurrency gap between retailers and consumers

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 […]

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