Why Blockchain is a revolution for the financial sector
With good reason, blockchain technology has recently attracted a lot of attention. Many industries, including the financial one, stand to benefit from it.
With good reason, blockchain technology has recently attracted a lot of attention. Many industries, including the financial one, stand to benefit from it.
Blockchain technology is a decentralized, distributed ledger that records transactions in a secure and transparent manner.
A layer 1 blockchain is the foundational layer of a blockchain network that provides the underlying infrastructure for all other activities to take place on the network.
Tokenization is a process that involves converting a real-world asset into a digital representation, known as a token.
Decentralized oracles are a crucial component of the decentralized finance (DeFi) ecosystem. They serve as a bridge between the decentralized blockchain world and the centralized off-chain world.
A crypto wallet is a digital wallet that enables individuals to securely store, manage and use cryptocurrencies such as Bitcoin, Ethereum, and others.
Blockchain technology has paved the way for a new type of organization - the Decentralized Autonomous Organization (DAO).