Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They are a foundational element of the blockchain ecosystem, enabling decentralized applications, cryptocurrencies, and automated business agreements. However, the immutable nature of blockchain means that once a smart contract is deployed, it cannot be easily altered, making security paramount. This […]

The financial industry is undergoing a period of significant transformation, and at the heart of this revolution is blockchain technology. Originally developed to support the cryptocurrency Bitcoin, blockchain has had a profound impact on many aspects of financial operations, ushering in a new era in the world of finance. In this article, we will explore […]

The integration of blockchain technology into casino finance represents a pivotal shift in the industry, reflecting a broader trend of digital innovation. This article delves into how this revolutionary technology is reshaping the financial aspects of casinos, highlighting the profound implications for security, transparency, and operational efficiency. As casinos continue to navigate the complex world […]

The word “blockchain” translates from English as “blockchain. This name quite accurately reflects the essence of blockchain. It is compared to a necklace, each bead (block) of which is a record of action, and the chain cannot be broken. Blockchain is an unbreakable digital record of actions. Each block is a specific numeric code (not […]

Blockchain is one of humanity’s most intriguing inventions. Blockchain technology is an advanced database mechanism that allows the open exchange of information within a business network. A blockchain database stores data in blocks linked together in a chain. The data is chronologically consistent because the chain cannot be deleted or changed without consensus from the […]

Researchers from the University of Bath and the University of Surrey presented a review study in Supply Chain Management that shows the safety of using blockchain in industry to manage the food supply chain.

A smart contract is a computer program that executes agreements between two or more parties that result in certain actions when certain conditions are met. That is, when a previously programmed condition is activated, the smart contract automatically executes the corresponding agreement.

One transfer between wallets was accounted for twice because of a miner conflict. As a result, the blockchain of the first cryptocurrency split into two chains