Blockchain

Latest Blockchain News

‘It’s a knife fight’ as traders get tokenized

By Medha Singh and Lisa Pauline Mattackal (Reuters) – Bitcoin? It’s a bit old hat, say a cohort of crypto investors who are betting on blockchain technology breathing new life into traditional assets. As crypto prices see-saw ahead of their next swerve, the market for “tokenization” – issuing blockchain-based digital tokens that represent assets from …

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What is the CryptoNight mining algorithm, and how does it work?

Understanding mining algorithms Mining algorithms are the backbone of blockchain-based networks like Bitcoin and other protocols.  In blockchain technology, mining algorithms are necessary for transaction verification and network security. A mining algorithm instructs miners’ computers to follow a set of rules to generate a valid block.  Proof-of-work (PoW) is the well-known consensus algorithm used by …

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Blockchain finance to grow into $79.3B market by 2032

The global blockchain finance market — encompassing public and private blockchains, trading, payments, settlements and asset management — is well-positioned to grow into a $79.3B market by 2032. A report by Allied Market Research revealed that the blockchain finance market players are heavily exploring collaborations and acquisitions as a top strategy. COVID-19 pandemic-induced disruptions in …

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How Blockchain Architects Prove Invaluable in Shaping the Future of Various Industries – Cryptopolitan

Blockchain technology has gained significant traction in recent years, potentially revolutionizing various industries. The investment in blockchain solutions surged from $6.6 billion in 2021 to nearly $12 billion in 2022. This technology holds the promise of reducing banks’ operational costs by around 30%, translating to over $10 billion in annual savings.  The demand for blockchain …

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Digital Nigeria International Conference 2023 shines light on how blockchain, AI, and emerging tech can solve Africa’s challenges

Can Nigeria harness digital technologies like blockchain and artificial intelligence (AI) to create jobs, enhance inclusive economic growth, and promote sustainability? This will be the focus of the upcoming Digital Nigeria International Conference, and with over 10,000 attendees and an elite lineup of speakers, it’s set to be the biggest edition yet. The three-day event starts …

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Ripple Revolutionizing Global Transfers with Blockchain Technology

Ripple is a blockchain-driven payment system designed for global transfers. Unlike traditional transfer systems that rely on intermediaries and can be slow and costly, Ripple enables fast and efficient cross-border transactions. By utilizing blockchain technology, Ripple provides a secure and transparent platform for sending and receiving payments globally. This article will explore the various aspects …

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How to Understand and Read Blockchain Data – Cryptopolitan

Blockchain technology, a revolutionary innovation, has rapidly transformed various industries. It is not merely a buzzword but a fundamental shift in storing, securing, and sharing data. Understanding and effectively reading blockchain data is at the core of this technological revolution. Blockchain, in its essence, is a decentralized and transparent ledger. Unlike traditional centralized systems, blockchain …

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