blockchain Archives

What can we learn from Blockchain’s decentralized methodology? Blockchain is a fast-moving phenomenon. Due to its decentralized methodology, many leaders in the finance and technology industries are taking blockchain seriously.

January 31, 2017 by Naveen Joshi

A blockchain consists of a distributed database of all transactions on a network. Each constituent of this database represents a “block”. As the state of a transaction changes, a block…

Technology

How to ensure a secured blockchain methodology Blockchain technology is often considered as the solution to the financial world's security problems. This technology has indeed solved several banking issues like network hacks and credit card frauds.

December 24, 2016 by Naveen Joshi

But recently, hackers stole $72 million worth of bitcoins from accounts at the Hong Kong cryptocurrency exchange Bitfinex. Such incidents raise the question: Does blockchain technology cure all the security…

Technology

4 myths associated with Blockchain Blockchain technology certainly has many positive aspects, but there is also much misunderstanding and confusion regarding its nature. Common myths and misconceptions persist, especially about the Bitcoin blockchain, but also to some degree, with alternative blockchain technologies too.

August 2, 2016 by Naveen Joshi

We have already discussed about Blockchain technology in one of our previous articles. But it is also important to understand what blockchain is and what it is not. We discuss…

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