Category: Industry Insights
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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…
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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…
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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…
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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’…
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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…
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DAOs: How Fair can Decision-Making be and Why is Private Voting Essential?
What are DAOs, what are their challenges and how are they influencing decision-making in Web3? How can a voting system be fairer? What’s the role of privacy in voting? These are some of the questions we’re discussing below, exploring concepts like identity, quadratic voting, and Sybil resistance. What are DAOs? Well, let’s start from the…
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Web3 Bounties: Rewarding Developers with Tokens
Web3 bounties are an innovative mechanism for companies to find specialized developers. The latter get rewarded for their work in tokens. It is a popular model within the Web3 world and it’s been successful in solving a lot of problems that would otherwise take longer or maybe remain unsolved. Bounty hunters – the terms used…
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Digital Twins: Increasing Efficiency Without Compromising Privacy
Data is one of the most powerful assets nowadays. Besides being an analytic tool, it’s tradable, and buyable, as companies and institutions all around the globe seek to be the best at what they do, and information on what, how, and when people act is key to being number one. Now how can data be…
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AI and Blockchain: The Combo of the Future
What comes to mind when you think of Artificial Intelligence (AI)? Some go back to the eponymous movie from 2001, depicting a world where humanoid robots co-exist with actual humans. Basically, AI means exactly that: intelligence generated by machines, and it’s something that has already spread across different industries, from technology to healthcare. Most of…
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L2 in Blockchain: TEE Sidechains vs ZK Rollups
Scaling Blockchain with Layer 2 Solutions Traditional blockchain networks are made of a mainnet. However, to solve big issues such as lack of scalability and high volumes of energy usage, layers were created on top of the said main one. This additional infrastructure is called Layer 2 (L2). It offers developers a more scalable, fast,…