A blockchain-stored piece of business logic is all that a smart contract is. The stakeholders who make up the eco system agree on the business logic. The data are saved in Blockchain and retrieved based on the established conditions. A certain blockchain write/read event triggers an immutable execution of a smart contract's code. Since most… Continue reading Smart Contract Audit
Tag: Trade Finance
The Power of Web3: How Our Development Company is Transforming Industries with Blockchain Technology
Technology is always changing, and the emergence of Web3 and Blockchain technology is revolutionising businesses in ways we never imagined. We're happy to be leading this change at our development company, assisting organisations and people in realising the full potential of this ground-breaking technology. Web3 development firms like ours are utilizing the extraordinary power of… Continue reading The Power of Web3: How Our Development Company is Transforming Industries with Blockchain Technology
Blockchain as a service (BAAS) Simplified
Blockchain requires extensive backend knowledge because it is a distributed ledger system. It requires dedicated efforts to keep the remote nodes operational and in sync by managing the underlying server, a network of systems. Because of the volume of processes and integrations, the deployment is difficult and complex. BaaS as a solution Blockchain as a Service (BaaS) enables companies to utilise cloud-based… Continue reading Blockchain as a service (BAAS) Simplified
How Can We Drive Blockchain Mass Adoption
The technological sector is on the verge of collapse. Even while more and more businesses are switching to Web3, the majority of regular internet consumers still haven't done so. When the market fluctuates, it could feel as though things are not moving forward quickly enough, yet blockchain technology is quickly becoming integrated into the public.… Continue reading How Can We Drive Blockchain Mass Adoption
Trade Finances: Challenges and advancements
What is Trade Finance? Trade finance refers to the financing and facilitation of international trade transactions. It involves a range of financial products and services that help to mitigate the risks and complexities involved in cross-border trade. These financial products and services can include letters of credit, trade credit insurance, factoring, forfeiting, and export financing. … Continue reading Trade Finances: Challenges and advancements
Quantum Computing in simple terms
Quantum computing uses qubits, which can be in a superposition of 0 and 1 at the same time, as well as entanglement, to perform calculations much faster than classical computers. Quantum computing has the potential to revolutionize many fields, including cryptography, drug discovery, and optimization. However, there are many challenges that must be overcome before… Continue reading Quantum Computing in simple terms
Decoding the Technicalities: Understanding the inner workings of blockchain
Blockchain technology has revolutionized the way we store, transfer and verify digital information. It has the potential to transform a variety of industries by providing secure and transparent methods for record-keeping and data sharing. In this blog post, we will explore the properties of blockchain that make it a groundbreaking technology. This blog post shall… Continue reading Decoding the Technicalities: Understanding the inner workings of blockchain
What is Trade Finance?
Trade Finance in its simplest form can be presented as the financial transactions, involving both domestic and international trade, that takes place between a seller and a buyer which is also facilitated by intermediaries such as banks and financial institutions. Read more.