Industry 4.0 has brought about many changes in the world as organizations are focusing on creating intelligent systems using artificial intelligence and machine learning. Besides, organizations have also started emphasizing ‘Blockchain Identity Management’ and have started thinking about its various aspects. “How does blockchain identity management work?” “What are its benefits?” “Where can it be
Imagine a world where people can trade goods, services, and information without centralized oversight. A world where social media is decentralized and content is not censored. A place without political boundaries or pointless limitations. This is Web 3.0, and the future of tech development is web 3.0 frameworks. The shift towards Web 3.0 represents a
Smart contracts are programs or snippets of code that are stored on a P2P network and run when a given set of conditions are satisfied. Smart contracts are generally used to replace or substitute the middlemen. It regulates the outcome of a situation based on parameters that are based on the participants’ inputs. This guarantees
Contents What is blockchain technology and how does it work?Core characteristics of Blockchain TechnologyBlockchain Use Cases in Banking & Finance Blockchain Applications in BusinessBlockchain Applications in GovernmentBlockchain Applications in Other IndustriesReal world examples of top 5 blockchain mobile applications of 2020Final wordsFAQsWhat is blockchain technology and how does it work? Blockchain is a digital ledger where
Blockchain is a digital ledger that efficiently records transactions between two parties and verifies and permanent transactions. Every time a transaction occurs, it is updated in all of the ledgers stored across a network of computers. The chain of blocks is permanently linked to each other using cryptography. Blockchain can be used for many transactions,
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