Tag: Blockchain

Social media giant Facebook, which is currently trying to get regulatory approval for its Libra stablecoin project, reportedly shared details regarding the project’s proposed backing reserves. According to a report by Bloomberg on Sept. 9, Facebook told United States senators about the backing reserves for the Libra Stablecoin — a type of cryptocurrency valued by […]

What is the Difference Between Public and Permissioned Blockchains? In our guide “How Does Blockchain Technology Work?”, we introduced a description of the three technologies that make up blockchain technology: cryptographic keys, a distributed network and a network servicing protocol. What is Public and Permissioned Blockchains? Bitcoin is the most ambitious kind of blockchain. Anyone […]

Financial institutions have financed the disruption of countless industries over the last 30 years; they have an idea of what a revolutionary technology can do to static incumbents. So, to stay ahead of change, banks have been proactive in setting up R&D labs, building test centers and establishing partnerships with blockchain developers to fully understand […]

As stated in our guide “What is Blockchain Technology?”, there are three principal technologies that combine to create a blockchain. None of them are new. Rather, it is their orchestration and application that is new. How Does Blockchain Technology Work? These technologies are: 1) private key cryptography, 2) a distributed network with a shared ledger […]

From a cruising altitude, a blockchain might not look that different from things you’re familiar with, say Wikipedia. What Is Blockchain Technology? With a blockchain, many people can write entries into a record of information, and a community of users can control how the record of information is amended and updated. Likewise, Wikipedia entries are […]

Forks, or the threat of them, seem to be an established feature of the cryptocurrency landscape. But what are they? Why are they such a big deal? And what is the difference between a hard fork and a soft fork? Explained Hard Fork VS Soft Fork bellow. A “fork,” in programming terms, is an open-source […]