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Blockchain Technology and Health Sector

Blockchain Technology and Health Sector

Though technology is advanced, paper-based conventional data management system is still popular. But to a certain extent, the documentation is digitalised in the central servers. Compared to paper-based documentation, digital files are easier to handle. Except for a server failure or spyware, the digitalised system is a boon. However, the traditional paper-based and digital-oriented healthcare management systems pose certain challenges, especially in the healthcare sector. The most pressing issue is the security breach and miscommunication. […]

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Types of Blockchain Networks: When and Where

Types of Blockchain Networks: When and Where

Blockchain is a decentralised database that records every transaction happening on the network. The blockchain network enables its users to do transactions without any intermediaries. To verify the correctness of the transaction, the nodes (users) broadcast it in the network. If the majority of nodes agree upon the transaction, it is added to the blockchain.  In this blog, we will discuss the types of blockchains and where they are widely advocated. So, before delving into […]

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Blockchain in 5 Minutes

The list of blockchain and blockchain applications is growing in number. But how many in real comprehend the idea of blockchain: What exactly is it, and what makes it special? It is observed that there is still confusion persisting in the public discussions between blockchain and cryptocurrency. The two concepts are used interchangeably among the mass while they trace their origins to a 2008 paper credited to Satoshi Nakamoto. However, it is important to clarify […]

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The Merge: What’s Next For Ethereum (ETH) in 2023?

The Merge: What’s Next For Ethereum (ETH) in 2023?

Abstract: One of the most anticipated crypto occasions last year was the Ethereum Blockchain’s Merge. Completed on 15 September 2022, The Merge marked a significant step in the Ethereum blockchain’s transition to a proof-of-stake (PoS) consensus mechanism from proof-of-work (PoW). One of the positive effects of the shift was the decrease in Ethereum’s energy consumption. It is estimated that Ethereum’s energy consumption got reduced to a whopping 99.95%. Energy use for the Ethereum PoS blockchain […]

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Blockchain Nodes & Their Trades

Blockchain Nodes & Their Trades

Blockchain is becoming a mainstream adoption technology as it offers multiple benefits. Several organizations across industries such as finance, healthcare, food supply chain, logistics, energy, and entertainment almost everyone is waking up to the purposive use cases of blockchain and taking steps toward its adoption. This digitally distributed, open, and shared ledger is maintained on nodes. This article is all about Blockchain Nodes whose prime purpose is to enhance the security of the data, maintain the […]

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