Blockchain offers great efficiency — and this is the main reason it will be increasingly prevalent over the next decade.
Blockchain News
Blockchains are the critical infrastructure underlying cryptocurrencies. The common feature of these distributed ledgers is the sequential updating of a cryptographically secure, verifiable transaction record among a network of peers all operating under a certain set of rules enforced through the software itself. This record is owned and operated in common by anyone anywhere.
While research in shared ledger technology goes back decades, the arrival of the Bitcoin blockchain introduced the first distributed ledger technology that was thoroughly decentralized and resistant to censorship, seizure and collusion.
Blockchain technology, in its various manifestations including the Ethereum blockchain and others, is ultimately a global consensus system — i.e., it allows people to coordinate and cooperate around a neutral source of information without trusting each other or a central administrator. The use cases are wide-ranging, from finance and energy trading to supply chain management.
At Cointelegraph, we are chronicling the evolving blockchain industry. Is it revolutionary or overhyped? Or both? Will it become the solution to securing trust in finance and global trade? What will be the rate of blockchain transactions in the coming years?
Stay tuned to find out.
- 6950
Branded stablecoins will revolutionize reward points in the same way nonfungible tokens are revolutionizing ownership.
4118The Metaverse allows people to interact with one another, digital objects and the physical world through their avatar in a virtual environment.
6339A decentralized exchange reckoning is coming — and it’s bigger than the infrastructure bill — thus, the DeFi community must be ready.
4998Cointelegraph interviewed the tech director at Human Protocol to discuss the company’s recent developments and the potential of proof-of-humanity.
3345India’s central bank is carefully considering the merits of issuing a digital rupee, while CBDC exploration continues to gather steam across the globe.
3556This decentralized exchange is creating a first of its kind NFT staking game.
2935The upcoming blockchain-based music investment platform is open to using different blockchain technologies.
4621A digital bank is launching its updated application with an all-in-one secure solution for trading and banking.
2739Blockchain technology and nonfungible tokens are transforming the way that intellectual property is licensed and sold.
2531The aftereffects of the London upgrade begin to emerge as the Eth2 staking contract becomes the single largest Ether holder.
11154NFTs continue to dominate the crypto conversation, with PNGs on social media profile pictures becoming the new hype.
4558Polkadot may beat Ethereum 2.0 in the transaction fee race.
14968VeChain has announced a new blockchain initiative designed to help businesses openly track and report their carbon emissions data.
14055Microsoft’s new device is designed to allow developers to write code for managing tokens in a manner that is blockchain agnostic.
7687