Peer to peer or a decentralized exchange between two parties, P2P is the sharing of information, assets between parties without the involvement of a central authority or middlemen. The interactions between counter-parties on peer-to-peer network are directed exclusively by pre-programmed software, with no requirement for human middlemen. In a P2P network, the user utilizes and...
The automotive industry is currently weathering a perfect storm of change. With so many technologies and innovations hitting it from all sides, the automotive industry is at the brink of evolution. Automakers are stressed with keeping up with the latest technologies, adjusting their operations and exploring new business models to achieve growth. One of those...
The organisations understand the importance of customer retention and are always working on a system directed towards building customer loyalty. Loyalty programs have been in the industry since the 1700s to today, in early marketing stage American retailers gave their customers copper tokens that could later be redeemed for products on future purchases. Since...
Hyperledger is a blockchain based platform that provides solutions to the problems in the business. Its modular architecture delivers high level of confidentiality, resilience, flexibility and scalability. How Hyperledger differs from blockchain is that it is private and permissioned. Rather than an open permissionless system that allows unknown identities to participate in the network (requiring...
Blockchain ecosystem is very competitive, once in a while a project comes up that’s proving to be better than the other. In the same sense, there’s EOS and Ethereum. Ethereum was first launched in 2015 and since then it has gained some dedicated fans. While EOS was launched in 2017 and since it has gained...
It’s been 11 years since blockchain been with us and everyone knows it’s potential to improve many industry, still there has been no major breakthrough except cryptocurrencies. Below are some recent blockchain surveys : Oracle the technology multinational estimates that, by 2027, $8 trillion — 10 percent of global GDP — is going to be stored in the blockchain. Oracle...
Ethereum is a public blockchain which keep records of digital transaction. It is based on the principle of blockchain, where blockchain is only used for the safe transaction of cryptocurrency Ethereum can be used for any kind of transaction made online. It is public, decentralized i.e doesn’t require any central authority. It’s immutable i.e it...
In this article, we are going to discuss the standard of how can we develop the smart contract in EOS that can have partial ownerships for various unique assets with hierarchical approach. We already know the handling of the virtual representation of items, it may be fungible tokens ( FTs ), semi-fungible tokens ( SFTs...
