Decentralized Autonomous Organization or DAO has been making a fuzz lately. These are completely automated companies with less human interaction, i.e., a company or organization without a CEO or controlling authority. DAOs have been in the limelight lately.
As DeFi and NFT communities grow enormously in size, how to govern decentralized protocols takes on added importance. Over the next few years, one of the most immediate challenges facing these communities is to figure out governance — the act of managing collective decision-making to optimize funds and operations.
Ever since Facebook’s rebranding to Meta, the concept of Metaverse has been capturing a lot of public attention. The Metaverse is considered to be the next evolution of social connection. It lets you socialize, learn, collaborate and play in ways beyond imagination. Another disruptive technology we all know is Blockchain; it’s the next evolution of how we share value.
Benchmarking the performance of blockchain dApps is very important because scalability is one of the biggest challenges faced by blockchain dApps. When the number of users in a blockchain network increases, the number of transactions and blocks added to the chain increases. This transaction history eventually slows down the network, and more participants join the network. This article will explain how to benchmark Hyperledger blockchain applications using Hyperledger Caliper.
According to one study, the market of Artificial Intelligence (AI) in the Banking, Financial Services, and Insurance (BFSI) industry was valued at $20 billion in 2022 and was projected to grow by 20% between 2023 and 2032. Another study showed that the market size of Blockchain technology in BFSI was $2034.1 million in 2021 and […]
Generally, blockchain ledgers offer a level of anonymity in transactions. However, it is not foolproof. With advanced analytics and monitoring wallet transactions, it is possible to trace back wallet transactions to its user. So does that mean you cannot launch a blockchain or dApp that offers 100% anonymity? No. You can, with Privacy tokens. In […]
A long list of blockchain protocols is competing to be the best interoperability solution for the decentralized finance ecosystem. But Polygon blockchain stands out among them. This article will help you better understand the Polygon blockchain, how it works, and how it solves the scalability issues in the Ethereum network.
A decentralized social network seems to be the next step in the evolution of social networking. It is a tool that eliminates the need to trust a single entity with your personal information. You are now in complete control of your interactions with others on the network. No big brother is watching over you. You watch over yourself while validating the information you receive. This article will help you better understand DeSo blockchain, it’s working, and various NFT-based use cases across social media platforms.
There’s hardly any discipline that the blockchain cannot revolutionise. After currency, it seems to be having the most effect on social media. Steem, a blockchain database supporting community building and social interaction with cryptocurrency rewards, has completely changed the way social media will work in the future.