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distrubuted ledger technology

What is a distributed ledger technology?  (also called a shared ledger, or Distributed Ledger Technology, DLT) Ledgers, the foundation of accounting, are as ancient as writing and money. These early digital ledgers mimicked the cataloguing and accounting of the paper-based world, and it could be said that digitization has been applied more to the logistics of paper documents […]

Basic Attention Token (BAT)

With an ever-increasing struggle for internet users’ attention, more groups are considering innovative ways of using marketing for the benefit of the consumer. Simply put, BAT (Basic Attention Token) hopes to position itself as the token of the world of digital advertising. How does BAT work and what problems does it try to solve? BAT […]

What is Cryptography?

Cryptography is a method of protecting information and communications through the use of codes so that only those for whom the information is intended can read and process it. The pre-fix “crypt” means “hidden” or “vault” and the suffix “graphy” stands for “writing.” Information security uses cryptography on several levels. The information cannot be read […]

what is cryptocurrency

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies are a kind of alternative currency and digital currency (of which virtual currency is a subset). Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems. The decentralized control of each cryptocurrency works through distributed […]

What is VeChain? According to their official website: VeChain aims to connect blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model as well as advanced IoT integration, and pioneers in real world applications. The vision of the VEChain team is clearly stated in the Vechain whitepaper: Building a trust-free […]

What is Zcash?

What is Zcash? As the official Zcash website states: Zcash is a privacy-protecting, digital currency built on strong science. As the requirement for privacy improved as large information became readily available, cryptocurrency users began searching other digital currencies that can fill the solitude gap that Bitcoin mightn’t. Digital currencies such as Dash and Monero provide […]

what is tezos

What is Tezos? According to Tezos official website: Tezos is a new platform for smart contracts and decentralized applications. Tezos’ is a blockchain project that aims to offer “the world’s first ‘self-amending’ cryptocurrency”. Its 2017 initial coin offering raised $232 million, which was the largest for such an offering to that date. The project experienced a management controversy over the use […]

what is NEM?

What is NEM? According to the NEM website: Blockchain technology offers a fundamentally streamlined method of maintaining a secure ledger of transactions compared to a traditional database. The NEM vision is stated from the beginning of their whitepaper, which is referred to as a Technical reference. NEM is a movement that aims to empower individuals by creating […]

What is Ethereum Classic ETC

What is Etherium Classic? According to the Etherium Classic website: Ethereum Classic (ETC) is a smarter blockchain, it is a network, a community, and a cryptocurrency that takes digital assets further. In addition to allowing people to send value to each other, ETC allows for complex contracts that operate autonomously and cannot be modified or […]

what is neo?

What is NEO? As the NEO official website states: Neo is a “non-profit community-based blockchain project that utilizes blockchain technology and digital identity to digitize assets, to automate the management of digital assets using smart contracts, and to realize a “smart economy” with a distributed network.” Digital Assets + Digital Identity + Smart Contract = […]

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