Blockchain Development Company

I hope the Christmas Eve year is well over and the new year has been started with more and more opportunities to make you shine. Now its time to Think about the future right! and believing this year 2020 will hold the future of blockchain beyond speculation. Do You have any guess how Blockchain in 2020 will be? The Price of Cryptocurrency has also risen rapidly, as a result nowadays the IT, Financial institutions and also government agencies have showing interest in investing in blockchain technology. This Attraction is mainly due to the transparency and controllability of Blockchain technology and transactions. Moreover the demand of programmers, developers and cryptographers also hiked in 2020. This technology playing its major role in Cross-Border crime and Money laundering. For past centuries the fiat currency played a role in storing the value and a medium of exchange. The flow will be monitored by a central authority, hence there will be more time delay and hi...

Artificial Intelligence: Artificial Intelligence is a branch of computer science which deals with intelligent behavior in computers. It is also called as Machine Intelligence, the capability of a machine to imitate intelligent behavior of human. Commonly, AI is a technology which thinks and behaves like a human and does certain works that what the human supposed to do. For example, it can plan, learn and solve the problems. Thus by thinking and behaving is not a human. Usually, science fiction often portrays AI as robots with human-like characteristics. The Below Statistics will describe its pathway: 1. More than $300 million was invested in AI Startups in 2014 than its previous year. 2. By 2018, 6 billion connected devices ask for support. 3. About 15% of Apple phone users using Siri's Voice recognition capabilities. 4. At the end of 2018," customer digital assistants” will recognize customers by face and voice across channels and partners 5. In 2025, AI i...

Singapore is one of the potential marketplaces in the world giving its space to cryptocurrency-related business services to its users with a stable financial system and also having  more than 400 fin-tech startups. Open Trade Blockchain Open Trade Blockchain (OTB) is an extensible blockchain service, launched by Singapore-based, Global eTrade Services (GeTS). The first cross-border blockchain platform aimed to align with China’s Belt Road Initiative that can make global trade highly efficient, secure and transparent. The system was designed to avoid exporter’s email account being hacked and to avoid fraudulently change of documents like certificates of origin, commercial invoices, and shipping. Project Ubin It is a collaborative project led by the Monetary Authority of Singapore (MAS) with industry partners for the clearance and settlement of inter-banking payments and securities by exploring the use of Distributed Ledger Technology. The First trial be...

There is a possibility for everyone to know about Blockchain but what about the blockchain algorithm? Do you guys have any idea about it? So let’s see in short detail Proof Of Work (POW) This concept was firstly used by sathosi Nakamoto - the inventor of bitcoin. The release of bitcoin white paper denoted that “ The only way to overcome the 51% attack is Proof - of work concept” “51% attacks are nothing but whenever a single entity control over 50% of the entire network hash rate, then it will be considered as a 51% attack. “ How a block gets validated in blockchain(POW)? Proof of work will prevent this attack by distributing the hash rate, and mining power throughout the network. This idea was published by Cynthia Dwork in 1993 but was named as “Proof of work” by Markus Jacobson in 1999. How POW Works? It is solely used for the mining process. In the Mining Process, you have to solve complex mathematical puzzles in order to search for a particular crypto...

Hi buddy! Does your Headspin by searching for the term what is blockchain? Cool! I will let you know These are the terms you need to know to understand completely about blockchain. Centralized Decentralized Smart contract Proof of Work Having any ideas about the above terms? Well,  Centralized  - a central authority to overlook your activities Decentralized  - no central authority to monitor, instead all your activities will be stored in a public distributed ledger. Smart contract - is an agreement embedded in computer code managed by a blockchain. The code contains a set of rules. Proof of Work  - It is a mechanism in blockchain to validate block transactions. What is Blockchain? Blockchain is a chain of blocks that contains information, this  Blockchain Technology  will enable transferring of coins or assets from one individual to another individual without any mediator. The Blockchain is a decentrali...