Is Using Blockchain Technology Necessary and Advantageous?

All over the world, several industries are exploring different ways to integrate blockchain into their business and transform their traditional business models. Healthcare, financial services, government, supply chain, and many other industries have already started implementing blockchain technology in their…

Consortium Blockchain or Should Be Called Controlled Ledger?

Blockchain Technology is advancing to a new level now. Based on the permission requirement, blockchain has been divided into three categories namely, Public Blockchain, Private Blockchain, and Consortium Blockchain. Public Blockchain as we know is BitCoin based blockchain having features…

4 Ways Blockchain Development can Reduce Business Cost for an Enterprise

Blockchain development is considered to be a remedy to all industries problem, but a public ledger such as BitCoin and Ethereum are unacceptable by major industry player. Why? Because anyone with a public key can access the network and if…

What are Dapps? What It’s Role in Blockchain Development?

Blockchain development emergence brought forward many jargons which only IT people can understand despite implementation of a blockchain based business model of various non-IT sectors. One of those jargons is Dapp. Dapp stands for Decentralized application and not being able…

Advantages Of Implementing Blockchain IT Services In The BFSI Sector

Banking, Financial Services and Insurance sector (BFSI) were the first to get disrupted by the wave of blockchain technology and cryptocurrency trading. Blockchain technology is a decentralized ledger which provides immutability of data, transparent yet secure information storage and anonymity…