App Development

Blockchain is one of the most popular and fastest growing skills in the IT sector today. There are said to be around 44% of organizations that have adopted blockchain globally. We all know that this technology has taken a major turnaround in the industry given its popularity in providing safe and secure online transactions. This technology is already the talk of the technological world. Although it is a complex technology, most people and organizations have started to adopt blockchain due to the many benefits it offers to the industry today.  In addition to the financial sector, it has also gained a lot of attention in other industries. Before we continue, let's try to understand what  blockchain technology is, its importance, its impact and decentralization. Blockchain technology is a decentralized ledger that keeps track of transactions that take place in a peer-to-peer network. This technology enables participants across the network to confirm their transaction wi...

The blockchain is basically a distributed database. Think of a giant global spreadsheet that runs on millions upon millions of computers. It is distributed. It is open source, so anyone can change the underlying code and see what is happening. It is really equal to equal; it does not require powerful intermediaries to authenticate or settle transactions.It uses cutting-edge crypto, so if we have a global, distributed database that can record the fact that we've made this transaction, what else could it record? Well, you could record any structured information, not just who paid whom, but who married who or who owns what land or what light purchased power from which power source. In the case of the Internet of Things, we are going to need a blockchain solution system underneath. Banks will not be able to settle trillions of transactions in real time between thing, So this is something extraordinary. An immutable and unbreakable distributed database of digital assets. This is a pla...