The blockchain industry has managed to bring in a significant transformation to the diamond trade industry. The very idea of blockchain is centered on a modern security concept marked with authenticity, trust and provenance unlike any other technological platform available in the market. In modern times, the diamond industry has been plagued by several challenges […]
The diamond grading system was never so secure and safe! Thanks to the promises being made by the diamond industry’s newest friend! We are talking about blockchain technology. With tremendous advancements being made in the field of distributed ledger technology; blockchain comes as a game-changer for many. Diamond trading is one of the most important […]
The gem & jewelry industry is the biggest beneficiaries of the smart contract & supply chain capabilities incorporated by blockchain technology. As we proceed towards the second decade of the new century, we are about to witness spectacles never seen before. The new world order is not a mandate but a grand option to democratize […]
While we talk of the semantics of the word decentralized ledger technology; we are delving deep into a business architecture that would make our world a better way to trade! We are not saying that the existing legacy business architecture is inefficient or not worthy of conducting fruitful business practices. What we seek is a […]
Any conversation about the Big Data marketplace would be unfinished without mentioning the precious data in terms of the useful market. The service market of the big data industry is predicted to rise from an astounding USD 2,613.68 million in 2017 to USD 15,921 .68 million by the year 2024 calculated at a compounded annual […]
The gem and jewelry industry has always been a victim of several unwanted activities and scams. The same industry has been the victim of mistrust and non-transparency. For ages, the problems could not be mitigated using the traditional methods and then came the robust solution in the form of a decentralized platform! Yes; Satoshi Nakamoto […]
The year 2009 was the landmark year when the cryptocurrency was created in the year 2009 by a pseudonymous developer known as Satoshi Nakamoto. While we have not been able to figure out who the gentleman Satoshi Nakamoto is; his contribution is undoubtedly important from the perspective of 2020s economy. Bitcoins are designed to function […]
Yes, while we speak about decentralization, we are actually moving towards a better future. The cryptographic revolution is about to take a new turn with countries like India legalizing the trading of cryptocurrencies. The wide range of crypto acceptance will pave a long way for the complete revival of the already sloth global economy marred […]
The Proof of Work instrument has quite a few drawbacks which can be effortlessly understood by community researching on the blockchain. Blockchain has a typical technique of maintaining agreement among the participants. However, the technicians have faced multiple complaints and hassles associated with the concept of Proof of Work. The distributed ledger technology network functions […]
The networked record industry or the distributed ledger chain is set to witness a massive transformation with the continuous development of this technology. The current value of the cryptocurrency industry stands at $180 billion. This very industry is still inching ahead in terms of its core capabilities which witness a steady advancement with time. Today, […]
