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

In this article, we’ll discuss how blockchain technology revolutionizes the remittance industry and way in which it can be made easier for the people. 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 […]

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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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How blockchain can make your business’s procurement process more efficient?

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 […]

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How blockchain can improve the healthcare sector?

Since it’s inception, Blockchain technology has made a big impact in the finance sector by the introduction of blockchain based cryptocurrencies. This decentralized and trustless system offers many benefits such as cutting out the middleman, reducing transaction fees for overseas payment etc. Over the past couple of years, Blockchain has made its penetration into a lot […]

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Fighting corruption with Blockchain; From business procurement process to Government projects

Over the last couple of years, Blockchain has increasingly become more popular as more than just a platform for cryptocurrencies. It now promises to revolutionize many domains ranging from healthcare to banking. What makes this technology stand out is the unparalleled level of transparency and decentralization it facilitates. This, along with its ability to maintain […]

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Blockchain based certification: End to Fraudulent Certificate Woes

For as long as there’s been a transaction of any sort, there’s been a pertinent risk of fraud. This dates back to as far as 80 BC when the Romans implemented an anti-fraud law to curb fraudulent sales of property. While back then it was but an occasional offender who indulged in fraud, in the […]

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Blockchain for a more effective vehicle service

Over the years I have observed that the automobile sector is one of the most thriving industrial domain today that witnesses stunning growth figures year on year. Clocking a global average of 4.8% growth annually, it sees rapid traction across geographies and is one of the hotbeds for technology innovations. Automobile companies have constantly embraced […]

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