interoperability

Introduction to Deep Learning in Julia

This article was published as a part of the Data Science Blogathon Overview In the current scenario, the Data science field is dominated by Python/R but there is another competition added not so long ago, Julia! which we will be exploring in this guide. The famous quote (motto) of Julia is – Looks like Python, runs like C We know that python is used for a wide range of tasks. Julia, on the other hand, was primarily developed to perform scientific computation, machine learning, and statistical tasks. Since Julia was explicitly

Cross-chain bridge equipped altcoins rally higher despite China’s crypto ban

The bullish momentum that had been growing across the cryptocurrency ecosystem over the past few days came to a screeching halt on Sept. 24 as news that China had banned cryptocurrency transactions made the rounds on social media and initiated an abrupt fall in the price of Bitcoin (BTC) from $45,000 to $42,000. After the initial knee-jerk reaction and a brief period of time for the market to digest the news, traders jumped back in to buy the dips on several altcoins, which helped some of the losses seen earlier in

Katal Chain: A Template for Blockchain-Based Finance

Blockchain technology is believed by many to reshape the way we perform real-life transactions. However, the difficulty in learning the ins and out of cryptocurrency space, as well as knowing the complex codes used in these systems remain a barrier to entry. Katal Chain was developed to address this specific issue. Katal Chain was designed to make it easy for anyone to automate their business and financial transactions through a blockchain, leveraging its decentralized nature and security. Through Katal Chain, the task of creating decentralized financial applications can be easier,

Data Gumbo Chief Talks Saudi Aramco Backing and Latest $4M Round

The oil and gas sector was on the brink of collapse this year amid a devastating decline in commodity prices in the wake of weakened demand as a result of the COVID-19 pandemic. Oil prices have recovered somewhat, but the industry is still having to reinvent itself in some ways to keep businesses running. Fortunately, energy is one of the sectors that blockchain technology has already begun to disrupt. Houston-based blockchain startup Data Gumbo just secured $4 million in a Series B funding round that attracted some high-profile backers in

Plasm Network: A Layer 2 Parachain

Scalability is a major issue for most existing decentralized blockchains in the crypto space. Plasm Network, a layer 2 blockchain protocol, looks to put an end to blockchain scalability, privacy, and interoperability issues.   Blockchains by design are not made to scale due to their decentralized consensus mechanism. Their transaction speeds, measured in transactions per second (TPS), are far slower compared to centralized systems. This results in longer transaction time and generally poor user experience. That’s because most people are used to paying instantly with credit cards and cash. This makes

Not Ethereum, Polkastarter, the DEX Protocol Will Launch on Polkadot

Since gaining prominence in recent times, Decentralized Finance (DeFi) has been marauded with some sort of technical problem especially as it utilizes Ethereum blockchain that only does about 25-40 transactions per second. Most, if not all current DeFi aggregators and DEX platforms are built atop the Ethereum blockchain, it’s easier to deploy contracts on the Ethereum blockchain than in any known blockchain and it’s quite cheap to do too.  However this comes with a cost, the cost is in the amount of gas fee spent just by interacting with this

What is OIN Finance? A DeFi Guide to $OIN

The emergence of several decentralized finance (DeFi) projects has taken up most of the transaction capacity of the Ethereum network. As a result, the blockchain has too much traffic and gas costs are substantially increasing, making it hard for users to transact on it. This congestion problem has made a negative impact on the broader DeFi space and is curtailing adoption. In order to get around this concern, OIN Finance tapped on to the Ontology network, making it the first DeFi protocol built on the Ontology chain. Ever since they

New MetaMask Mobile App Could Be a Web 3 Game Changer

MetaMask, the popular browser extension that connects user crypto wallets to Ethereum-based websites, will be available later this week (31 Aug – 6 Sep) as a mobile app on the Google Play and Apple App Stores. Launched in 2016, MetaMask’s founding premise of unprecedented user data control and privacy using Web 3 protocols has materialized relatively slowly. But the launch of the new app should speed this up, as well as catalyze further Web 3-based development. “A Natural and Critical Step” The new app has the potential to upend existing