Blockchain explained: Making the Complicated Simple
“If you can’t explain it simply, you don’t understand it well enough.” – Albert Einstein We won’t lie: Blockchain is complicated. The algorithms and mechanisms that make it possible are complex. For most mere mortals, some of the ideas associated with this technology will always be out of reach. (Or is that just us?) […]
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What is the True Potential of Blockchain?
Blockchain was built to do one job: To be the distributed ledger that would make Bitcoin – the now notorious cryptocurrency – possible. And it was the currencies (plural, for Bitcoin wasn’t alone for long) it powered that brought it into the public sphere with a bang. Since then, developments to the technology mean […]
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5 Reasons to Love Smart Contracts
Smart contracts are powered by blockchain, the technology behind cryptocurrencies. The most famous of these, Bitcoin, was the first to develop its own smart contracts. These were, however, quite limited. Then along came Ethereum, conceived by Vitalik Buterin specifically to support smart contracts. And we’re very grateful to him for that – here are 5 […]
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Blockchain VS Fraud: Point of Entry
So, we know Blockchain smart contracts can do revolutionary things to combat fraud. But as with any technology, Blockchain has chinks in its armour. It’s vital to know where those weaknesses lie to combat them. Here, we’re going to look at: Reasons people are using smart contracts to put the trust back into transactions. Why […]
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