Blockchain

What is new blockchain project Corda ? Corda is an open source blockchain project, designed for business from the start. Only Corda allows you to build interoperable blockchain networks that transact in strict privacy. Corda's smart contract technology allows businesses to transact directly.  Some features of Corda :- Smart contracts that can be written in Java. Flow framework to manage communication and negotiation between participants of the network. Peer-to-peer network of nodes. "Notary" infrastructure to validate uniqueness. Sequencing of transactions without global broadcast. Enables the development and deployment of distributed apps called CorDapps. What makes Corda different? Other distributed ledger technology (DLT) platforms use global broadcast to propagate data. Corda uses point to point messaging. It means a node knows only about connection when it has some transaction with other node. The isolation of one nodes from one nother is possi

What is Bitcoin ETF? Let’s first understand what an ETF is- It is an Exchange Traded Fund that owns the shares of stock, gold bars, foreign currency etc. (Bitcoin in this case) and divides ownership of those assets into shares. An ETF trades like a normal stock on stock exchange and its price is decided during market hours. It’s cheaper to invest in an ETF and it can be owned only in whole numbers. Bitcoin will be the asset for Bitcoin ETF and the exchange will provide local or international retail investors an opportunity to buy Bitcoin through the stock market, without actually owning it. ETF has higher daily liquidity which makes it more attractive. Bitcoin ETF journey in brief It all started with the Winklevoss twins who are trying since 2013, but the Securities and Exchange Commission (SEC) has rejected their application but now many new players are in league but the most promising is the Chicago Board Options Exchange (CBOE) because it is providing a service which is

Most of us have heard the name DNS(Domain Name System) which is responsible for domains to every website available on internet but ethereum websites doesn't have domain to work on internet. The domain available within the ethereum network is .eth but not for DNS. So a system ENS (Ethereum Network System) making the domain .luxe for ethereum websites to work on DNS system. Basically it is the first step in making the connection to operate eth websites with just using . luxe domain.

Technology has a great impact on human life and is meant to make life easier and better, with this notion Web 2.0 made it easy to get the things or products easily either it's within the nation or across the boundaries. But it is failing sometimes to get the assured and authentic ordered item. Many a times the product sold is fake and doesn't show the basic details from using raw material to fine product to shipping to an address. But with using blockchain the problem can be removed as- 1- For people using product They can get to know each detail about the item and can be assured of quality used, process, manufacturing and it is because of using the concept of hashing and securing each step in making the product. It also reduces the cost price of product. 2- For people employed in industry It is seen that the person responsible for your product can be a child doing child labour which is against law. So a child can be saved from it. This is helping the people in becom

In today's world the traditional methods of journalism like newspapers, magazines etc. are loosing their way out and the digital means are becoming a part of lives. People are using their mobile phones, laptops etc. to get to know the news which can be manipulated in someway. This has also created an atmosphere of not trusting the media agencies or news channels even the most respectable or trusting sources and this is happening all around the world. Whether it's a developed nation or a third world country, somehow every country is facing the problem of fake news and this is happening because everyone is given a digital freedom to tamper the news the way they want. So how blockchain can solve this problem. This gives an authority to people to vote to select an author or a media agency which can be trusted to publish the news like we elect our President/Prime Minister(depends on country) and can get to know about world in a clean and better way and save our future generation

Distributed P2P network is a network in which different computers are connected to each other having same blockchain on each system.So if someone tries to attack or hack the blockchain it has to change the block and the block coming after it. Let's say you hacked a system/pc and changed the entire blockchain after a block but the connected computers having same blockchain communicate with this attacked system and the majority of right chain stops the blockchain to get hacked. In simple words to hack a blockchain a person needs to hack at least 50% of the computers/laptops to change the entire blockchain which is practically impossible because of the computational time taken for hacking and in this period the other systems corrected the chain (or the new validated blocks get added).