Cryptocurrencies have made huge progress in a short time. But, despite the hopes, cryptocurrencies have not yet changed how we pay for things. One of the reasons is its extreme price volatility. Recently, crypto has inspired the biggest financial institutions, the central banks, to create digital currencies, the Central Bank Digital Currencies (CBDCs). With the help of blockchain technology, these currencies are poised to modernize retail payment systems. It also streamlines the connection between the public, corporations, and financial institutions.
A decentralized autonomous organization is a system without any central leadership. These organizations are transparent and community-centric and generally give their members the power to vote on proposals and updates, proportional to a member’s potential. Decisions are from the bottom-up, owned and managed by their members. DAOs are governed and organized by specific rules coded […]
INO is the short form of Initial Non-Fungible Token Offering. It was recently developed as a crowdfunding technique carried out through decentralized platforms. Non-fungible tokens are sold at the early stages of a project in limited amounts for a stipulated period. This sale raises money for further project development while bringing in committed investors for the NFT asset.
We continuously see the involvement of tech giants like Meta, Microsoft, NVIDIA, Apple, etc., in the metaverse. Slowly and steadily, the metaverse is working towards changing how people and organizations interact with each other and the world. This progress is forcing tech service providers worldwide to develop innovative strategies to keep up with the times. […]
The music industry is among the novices entering the NFT space showing potential future for artists to own and distribute their talents in non-traditional ways through NFT Record Labels. NFT Record Labels enable artists to interact with fans much better and run wild with their creativity without the reins of established music labels. It also […]
According to the United Nations, the world population is expected to reach 9.7 billion by 2050. But is our Agri sector equipped to face this future? Even today, global concerns like malnourishment and poverty demand accelerated food production and distribution. Our (Humanity’s) best shot today is to bring smart sensors, artificial intelligence, blockchain, predictive analytics, […]
Introduction: In an increasingly connected and data-driven world, harnessing the power of artificial intelligence (AI) has become crucial in various sectors. One area where AI shows immense potential is predictive policing, a method that leverages data analysis to anticipate and prevent criminal activities. Traditional approaches to predictive policing have relied on statistical models and historical […]
The internet culture is working rapidly to popularise the Metaverse, and no doubt that the recent hit of the Metaverse has created a ripple effect across industries. Metaverse has become the focal point for many businesses to increase their brand awareness and revenue. One pivotal way different industries can extend their territory to join the Metaverse is by creating a Metaverse Marketplace.
As crypto and blockchain grow, scalability is a popular word when discussing the future of the same. Blockchain has outgrown the crypto niche, and it is currently poised to revolutionize supply chains, fintech, real estate, and other industries. For blockchain to perform its best, it must overcome the limitations preventing people from choosing it. One […]