Category: Industry Insights
-
The Potential of Tokenizing Assets: From Houses to Private Equity & Whisky
Asset tokenization represents a paradigm shift in the way we perceive and interact with assets, offering unprecedented opportunities for liquidity, accessibility, and efficiency. Although it’s a rising trend in the financial market, it doesn’t come without challenges. This article explores both the downsides and benefits of asset tokenization. What is Asset Tokenization? In the last…
-
Embracing Unpredictability: The Role of Randomness in Blockchain
Randomness is a synonym for unpredictability and something Web3 developers wish for. But why is it a good thing in the context of blockchain, and how does it affect computations? In this article, we are exploring the benefits of randomness and why it this something so important to achieve when it comes to on-chain and…
-
Uncovering Blockchain Consensus Mechanisms: Proof-of-Stake, Proof-of-Work & Beyond
Blockchain technology has revolutionized the way we perceive and execute transactions, introducing decentralized and transparent systems that promise to reshape industries. At the heart of these blockchain networks lie consensus mechanisms, the algorithms that validate and confirm transactions, maintain the integrity of the ledger, and ensure the security of the entire ecosystem. Two prominent consensus…
-
Decoding CBDCs: Advantages & Challenges in the Digital Monetary Landscape
What does the acronym CBDC stand for, and why is it becoming the talk of the town? This article explores some of the benefits and downsides — especially when it comes to privacy — of this digital monetary alternative. Central Bank Digital Currencies (CBDCs) are digital forms of a country’s national currency that are issued…
-
Unleashing Scalability and Speed: The Importance of Layer 2 Blockchain Solutions
As the blockchain landscape continues to evolve, scalability, high performance, and speed have become crucial benchmarks for the success of any blockchain project. The inherent limitations of some first-layer blockchain solutions have prompted the exploration and adoption of Layer 2 solutions. These innovative frameworks offer a promising avenue for projects seeking to address the scalability…
-
Bear With Us: Blockchain Technology is Still Relevant, Even when Crypto Declines
The cryptocurrency market is well-known for its extreme volatility, with prices of digital assets experiencing significant fluctuations. In the face of a bear market — where prices are generally falling — inexperienced investors, companies and crypto enthusiasts might feel blockchain is losing its value. However, it is essential to understand that blockchain technology and the…
-
The Imperative for Privacy in Blockchain: TEEs & Privacy-Preserving Software
Blockchain technology has revolutionized various industries, offering transparent and immutable ledger systems. However, one crucial aspect has been largely overlooked: privacy. The need for privacy in blockchain is more critical than ever, as it can pave the way for broader adoption in various sectors, from finance to healthcare. This article explores the need for privacy…
-
How Blockchain is Benefiting Numerous Industries: From Sustainability to Brand Quality Control
You’ve probably come across some articles written by our team that highlight the wide coverage of blockchain — it’s not just about tokens and digital ledgers anymore. Blockchain is, indeed, taking the world by storm. First, Web3 projects sought out ways to turn this technology into more than a buzzword related to crypto. When countless…
-
KYC in Web3: How DiD is Saving the Day for Projects & Companies
DiD is short for Decentralized Identity, something that’s become increasingly popular with the rise of regulatory norms surrounding the crypto space — and, as a result, the blockchain industry. As countries big on crypto tighten their regulations regarding digital wallets and transactions, Web3-related projects have been forced to impose certain measures to verify the users’…
-
Blockchain in Aerospace: Reducing Costs & Enhancing Efficiency
The aerospace industry deals with countless different areas. It involves maintenance, inspection, repairs, and supply chain, and most of these records are written on paper and spread across, and isolated in, multiple parties and systems — which creates longer waiting times, excessive rectification procedures, duplicated information, and many other issues. Blockchain can be the answer…