Block360 - Fintech Startup & Enterprise Solutions PDF

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Block360 is a company offering design and development services to fintech startups and enterprises focused on blockchain and cryptocurrency technologies. They offer services such as Product Design & Development, Web & Mobile Apps, Blockchain & Web3.0 development, and MVP development.

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URL: https://block360.io Content: Block360 Request a Case Study Full Name* Email Phone Number Job Title Company Name Thank you! Your submission has been received! Oops! Something went wrong while submitting the form. About Us Services Product Design & Development Web & Mobile Apps Blockchain & Web3....

URL: https://block360.io Content: Block360 Request a Case Study Full Name* Email Phone Number Job Title Company Name Thank you! Your submission has been received! Oops! Something went wrong while submitting the form. About Us Services Product Design & Development Web & Mobile Apps Blockchain & Web3.0 MVP Development Projects Blogs About Us About Us Careers About Us Testimonials Our Team FAQ Privacy Policy Careers Contact Us Book a Call Book a Meeting CAREERS Careers at Block360. Your future is now! Block360 is helping 15+ fintech startups and enterprises with their cutting-edge expertise in blockchain and cryptocurrencies. DeFi, Smart contracts, Wallets & Layer 2 solutions! We strive for quality, performance & simplicity in all we do. Apply Now ======================================================================== ======== URL: https://block360.io/about-us Content: About Us | Block360 About Us Services Product Design & Development Web & Mobile Apps Blockchain & Web3.0 MVP Development Projects Blogs About Us About Us Careers About Us Testimonials Our Team FAQ Privacy Policy Careers Contact Us Book a Call Book a Meeting ABOUT US Block360 is pioneering design & development to help fintech startups build great products. At Block360, we are pioneering the design & development of Web3 technologies to help you launch a winning product. Block360 is helping 15+ fintech startups and enterprises with their cutting-edge expertise in blockchain and cryptocurrencies. DeFi, Smart contracts, Wallets & Layer 2 solutions! We strive for quality, performance & simplicity in all we do. HOW WE DO IT Our Creative Approach Unbeatable culture of detail orientation and passion of achieving quality using the latest design techniques and development technologies. Curiosity The suspense to create something awesome takes a huge challenge to create a positive synergy. Quality The suspense to create something awesome takes a huge challenge to create a positive synergy. Collaboration The suspense to create something awesome takes a huge challenge to create a positive synergy. OUR SERVICES What Block360 Offers We help businesses and enterprises harness the power of blockchain and cryptocurrencies across industries and build, test, and deploy applications. Product Design & Development We will help you offer a human-centered and pixel-perfect design, starting from user resaerch, low fidelity, high-fidelity mockup, early feedback integration, and UI design with the latest UI elements and standards. Web & Mobile App Fast, responsive, multi-platform web and mobile app development using react, vue, flutter, swift, java, kotlin, or no code technologies like webflow and bubble. Apps built by us are secure by design and easy to maintain. Blockchain & Web3.0 Our portfolio includes DeFi, protocol engineering, L2 research, node infrastructure management, trading systems, bridge and smart contract security audits. We will help you in research, design and development of your Web3 project. MVP Development Speed up your Web3 research or development with our experienced software developers from Pakistan. We will guarantee code quality, responsiveness, and a minimum 4-hour time overlap. Hire for short-term or long-term projects. EXPERTS Meet the Block360 Team A group of people on a mission to make an award-winning company that helps entrepreneurs and businesses solve big problems using technology. Bilal Arif Founder & CEO Founder & CEO with more than eight years of experience in product engineering and management. Zaryab Khan Blockchain Expert Co-Founder & VPE with six years of experience in software design and development. Yumna Ghazi Chief Technical Officer Co-founder and CTO with a vast Background of Cyber security , Blockchain and Applied research with more than 10 years of industry experience. Hafsa Iqbal HR Manager Ph.D. in HR, (CHRP) certified with over 8 years of industry experience. Expertise in OD, Training & Recruitment, Payroll-Compensation. Sana Farooq Project Manager MBA, Certified Project manager, and scrum master experienced in banking and software project management. M. Shaheryar Technical Lead Experienced senior software engineer skilled in mobile app, backend development, and blockchain with 6 years' expertise. At Block360, we are pioneering the design & development of Web3 technologies to help you launch a winning product. Block360 is helping 15+ fintech startups and enterprises with their cutting-edge expertise in blockchain and cryptocurrencies. DeFi, Smart contracts, Wallets & Layer 2 solutions! We strive for quality, performance & simplicity in all we do. HOW WE DO IT Our Creative Approach Unbeatable culture of detail orientation and passion of achieving quality using the latest design techniques and development technologies. 01 CURIOSITY The suspense to create something awesome takes a huge challenge to create a positive synergy. 02 QUALITY The only tangible product is service that can be touched and felt when it comes to high quality over cost. 03 COLLABORATION Team Block360 is passionate about creating your ecosystem more strong and more vibrant. OUR SERVICES What Block360 Offers We help businesses and enterprises harness the power of blockchain and cryptocurrencies across industries and build, test, and deploy applications. REMOTE TALENT Speed up your Web3 research or development with our experienced software developers from Pakistan. We will guarantee code quality, responsiveness, and a minimum 4-hour time overlap. Hire for short-term or long-term projects. BLOCKCHAIN & WEB3 Our portfolio includes DeFi, protocol engineering, L2 research, node infrastructure management, trading systems, bridge and smart contract security audits. We will help you in research, design and development of your Web3 project. UX UI DESIGN We will help you offer a human-centered and pixel-perfect design, starting from user resaerch, low fidelity, high-fidelity mockup, early feedback integration, and UI design with the latest UI elements and standards. WEB & MOBILE APPS Fast, responsive, multi-platform web and mobile app development using react, vue, flutter, swift, java, kotlin, or no code technologies like webflow and bubble. Apps built by us are secure by design and easy to maintain. TRUST IN US Our Top Clients We helped in the quality execution of their million-dollar idea to a product with a loyal user base and profitable business. GET CONNECTED Have a Project Idea? Contact Block360 Right Now! We transform ideas into a minimum viable product using a cost-effective product development framework that balances cost savings with maintaining high quality. Contact Us Our Services Consultation Design Development Security Audits Projects GSU Protocol DABLY Skillsbite Get in touch Contact Us Book a Meeting © Block360. All rights reserved 2023. ======================================================================== ======== URL: https://block360.io/case-studies/skillsbite Content: Block360 About Us Services Product Design & Development Web & Mobile Apps Blockchain & Web3.0 MVP Development Projects Blogs About Us About Us Careers About Us Testimonials Our Team FAQ Privacy Policy Careers Contact Us Book a Call Book a Meeting < PROJECTS SKILLSBITE Skillsbite provides a decentralized learning network for people to improve their job skills in future technologies. The blockchain project is developing a learner-based platform to advance the careers of students and professionals. Unique Adjustable & Opportunistic Right Way To Learn Online Skillsbite is a unique platform that opens space for the creation and recommendation of knowledge as well as for the use of various learning methods. There is an opportunity for learners to be aligned with educational content that’s delivered in their preferred learning style. SKILLSBITE Adjustable & Opportunistic Right Way To Learn Online Skillsbite is a unique platform that opens space for the creation and recommendation of knowledge as well as for the use of various learning methods. There is an opportunity for learners to be aligned with educational content that’s delivered in their preferred learning style. THE RIGHT WAY TO LEARN ONLINE. Skillsbite ecosystem is built around an idea of universe with similar characteristics to knowledge. It represents a world with endless possibilities, new learning opportunities and captivating secrets. Through years of undertaking traditional and remote learning personally, we realised the necessity for a united platform allowing people to increase their skills through a structured ecosystem and gain competencies from future themes. This resulted in creating skillsbite, a unique blockchain multifaceted learning platform enabling everyone to grow and achieve their full potential. SkillsBite Home Page Skillsbite employs learn to earn model incentivizing actions and renumerating its stakeholders for learning, helping others and contributing to the ecosystem. ‍ SkillsBite Token Panel $SKILLS is a unique utility token that opens space for the knowledge creation as well as for the use of various learning methods and models to fulfill expectations and needs of every learner around the world. SkillsBite Home Page Skillsbite employs learn to earn model incentivizing actions and renumerating its stakeholders for learning, helping others and contributing to the ecosystem. ‍ SkillsBite Token Panel $SKILLS is a unique utility token that opens space for the knowledge creation as well as for the use of various learning methods and models to fulfill expectations and needs of every learner around the world. JOURNEY Problem: Client wanted to build a decentralized learning network for people to improve their job skills in future technologies. Along with this, they also wanted to build a token panel where users could claim tokens through Vesting, Staking and gained rewards in the SkillsBite Ecosystem. Solution: We built a Landing Page that contained all the information about how the users can learn the right way fulfilling the client’s requirements. Along with this, we created a Token Panel to integrate on the landing page for users to connect and claim their Tokens. RESULTS As a Result, Team SkillsBite was able to publish their project and make it live for their users. TECHNOLOGIES Technologies used for this projects were Solidity, Hardhat, NodeJS, ReactJS, Docker, NGINX & Postgress. Team Behind SKILLSBITE The team that made it all possible 1 MANAGERS Our Project Managers act as consultants, allocating the right personnel, processes, and resources to bolster team effectiveness and efficiency. 3 DEVELOPERS Our development team performs work sprints as per the requirements provided by the Product Owner and coordinated by the Scrum Master. 2 DESIGNERS Our designers are responsible for creating the design vision and drive the design direction for the experience that a customer will have when engaging with the product. 1 LEADS Our Tech Leads provide technical support and guidance to the team throughout the project and help them solve roadblocks and issues. Know more about our team 1 MANAGERS Our Project Managers act as consultants, allocating the right personnel, processes, and resources to bolster team effectiveness and efficiency. 3 DEVELOPERS Our development team performs work sprints as per the requirements provided by the Product Owner and coordinated by the Scrum Master. 2 DESIGNERS Our designers are responsible for creating the design vision and drive the design direction for the experience that a customer will have when engaging with the product. 1 LEADS Our Tech Leads provide technical support and guidance to the team throughout the project and help them solve roadblocks and issues. More Projects More Projects Election Management System is a portal created for the management of election results received from Electronic Voting Machine. View Details A Platform where motor enthusiast and NFT collectors come together. Campa Garage exhibits the artist style which is a combination of realistic handmade features with innovative digital tools. View Details Gleipner is an ethereum-based initiative, which enables transactions on a supportive side-chain of both ETH and ERC20 tokens from Ethereum mainnet. View Details The GSU (Global Stability Unit) or simply; 'the Global' is a market-based token that aims to follow The World’s most stable rates. View Details Nano is a gamified sustainability platform aimed to help you take baby steps towards living a more eco-friendly lifestyle! View Details IVoting The i-voting is an internet voting system in which people can cast votes online. For the voting process, there are 3 stages: registration, voting, and vote tallying that occur through three different portals. View Details REALS A digital platform that enables you to invest in real projects across multiple industries like real estate, agriculture, technology and many more. View Details GSU Protocol GSU Protocol is a decentralized CDP (collateralized debt position) protocol which uses multi crypto collateral available on the Ethereum Blockchain approved by the “GSU Protocol'' to issue a stable unit GSU Stable Coin (GSUc). View Details DAB:LY DAB:LY is extending the concept of combining precious metal with crypto through tokenization into the power of smart contracts and Decentralized Finance systems. View Details A platform that gives you an opportunity to showcase your NFTs and interact with other NFT Owners. View Details Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. View Details GET CONNECTED Have a Project Idea? Contact Block360 Right Now! We transform ideas into a minimum viable product using a cost-effective product development framework that balances cost savings with maintaining high quality. Contact Us Need a successful blockchain project? Leave us a note or drop by our office at: [email protected] Our Services Remote Talent Blockchain & Web3 UI UX Design Web & Mobile Apps Projects GSU Protocol DABLY Track the Myth Get in touch Contact Us Book a Demo © Block360. All rights reserved 2023. ======================================================================== ======== URL: https://block360.io/blogs Content: blogs 2 About Us Services Product Design & Development Web & Mobile Apps Blockchain & Web3.0 MVP Development Projects Blogs About Us About Us Careers About Us Testimonials Our Team FAQ Privacy Policy Careers Contact Us Book a Call Book a Meeting BLOGS Block360 is pioneering design & development to help Web3 teams offer great products. IBC vs Cross-Chain Bridge: Which one you need? Blockchain technology is a decentralized and distributed ledger technology that allows for secure and transparent transactions and data storage. It was first introduced in 2008 as the underlying technology for the crypto currency Bitcoin, but has since found numerous applications beyond digital currencies.One of the key features of Blockchain is its immutability. This makes it an ideal technology for use cases where data integrity and transparency are critical. This makes it more resistant to hacking and other forms of attacks. Blockchain networks are maintained by a network of nodes that validate transactions and add them to the ledger. This ensures that the ledger is transparent and tamper-proof, as all nodes have a copy of the same ledger and can verify the transactions. By: On: October 12, 2023 A comprehensive guide on DeFi Development that outlines a step-by- step process for turning a DeFi concept to a minimum viable product Decentralized Finance (DeFi) is a rapidly emerging sector of finance and technology. It refers to a new financial system based on Blockchain technology that facilitates the development of open, transparent, and widely available financial apps and services. By: Rizmi On: October 12, 2023 Ethereum scalability layer2 plasma sidechain Since 2009 the blockchain has a huge impact on the market and make the people to realize the power of blockchain its potential By: Hammad Ali On: October 12, 2023 On chain kyc verification for crowdsales Know Your Customer (KYC) is a process to identify and verify the identity of investors. With the large number of ICOs being launched, regulatory authorities are pushing policies on ICOs to make them legitimate. By: Zaryab Khan On: October 12, 2023 Enterprise blockchain and intro to quorum blockchain- Since the blockchain is very secure, distributed and transparent platform. But these needs are varying from the public network to private network. The private networks need privacy, performance and permissioning. By: Hammad Ali On: October 12, 2023 Ipfs a distributed file store In the traditional web, user data is stored on centralized storage servers that have complete control over it. This control provides them elevated privileges that may be abused without the user’s knowledge or consent. By: Usman Fazil On: October 12, 2023 The state of decentralization in a centralized world Ever since the “blockchain, not bitcoin” narrative started floating around, there’s been an explosion of startups trying to fit the decidedly square peg of blockchain into every hole, regardless of the size or shape By: Yumna Ghazi On: October 12, 2023 The blockstack internet The internet provides an infrastructure for the World Wide Web, which enables social networks, electronic mail, instant messaging, distributed gaming, file sharing, video streaming, and much, much more. By: Sidra On: October 12, 2023 Enterprise blockchain quorum privacy and permissioning Since one of the most well known and well tested use case of blockchain is payment systems, it’s no wonder financial institutions around the world are experimenting with it. While Ripple and Hyperledger are the ones more popular in this regard, another contender in the race of enterprise blockchain is Quorum. By: Yumna Ghazi On: October 12, 2023 Enterprise blockchain quorum privacy permissioning This article is a part of our series on enterprise blockchains, particularly focusing on Quorum. In the previous article, we presented a high-level view of Quorum and how it distinguishes itself from Ethereum, despite being forked from its source initially By: Yumna Ghazi On: October 12, 2023 Iot blockchain Every few years, the tech world drops a new word and it goes buzzing around the world. The hype goes wild, controversies grow, and endless arguments begin between the proponents and the critics. By: Aisha A. On: October 12, 2023 What are smart contracts? Contract is an agreement between people, everyone has a contract in his life with property dealer, with lawyer and many others. But these contracts are in the physical form and for the implication of these contract we need some entities like Police etc By: Hammad Ali On: October 12, 2023 Get in touch with the Block360 Team We are happy to connect with you. Feel free to reach out to us on our never ending journey of stargazing. Send Message Thank you! Your submission has been received! Oops! Something went wrong while submitting the form. Our Services Consultation Design Development Security Audits Projects GSU Protocol DABLY Skillsbite Get in touch Contact Us Book a Meeting © Block360. All rights reserved 2023. ======================================================================== ======== URL: https://block360.io/blog/enterprise-blockchain-and-intro-to-quorum-blockchain Content: Enterprise blockchain and intro to quorum blockchain- About Us Services Product Design & Development Web & Mobile Apps Blockchain & Web3.0 MVP Development Projects Blogs About Us About Us Careers About Us Testimonials Our Team FAQ Privacy Policy Careers Contact Us Book a Call Book a Meeting Like what you read? Drop a like 0 Enterprise blockchain and intro to quorum blockchain- Download Free Plan Hammad Ali Updated : March 1, 2023 Published : October 12, 2023 The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression. William Mougayar These were the demands of the private network blockchain that are achieved by the quorum. Quorum is perfectly aligned with all of these requirements and let see its advantages over the go ethereum. ‍ Key Enhancement over the go Ethereum: – Transaction Privacy Multiple Consensus Mechanisms Peer Permissioning High Performance Use Cases: Since quorum blockchain is designed for the enterprises to meet their needs. The important use case of the quorum blockchain is in the enterprises. In the enterprise, their need for the transaction is private, permissioned and fast which is fulfil by the quorum blockchain. Moreover, the quorum blockchain can be used where there is need of blockchain. It only provides some enhancement over the GoEthereum so it’s use cases are not limited. The important use cases of the quorum are: Interbank Transactions With the passage of time and innovation of the blockchain, banks are also moving towards the blockchain and were facing some issues of privacy and scalability. Interbank transaction is more costly as well as not fast. Quorum helps in solving this problem and this can be a good use case for quorum. Enterprises Quorum was purely designed for the enterprises to fulfil their needs. Within the enterprises, there is need of the private and fast transaction. Quorum helps in solving this problem and increase the demand of the blockchain. There are many other use cases of the quorum blockchain. Quorum Architecture: - Quorum Blockchain | Quorum Architecture | Block 360 This diagram shows the high-level overview of the architecture of the quorum. It consists of three major portions: Quorum Node Transaction Manager Enclave Transaction lifecycle: – ‍ Let’s understand the quorum architecture by a scenario Quorum Blockchain | Block360 In this scenario, Party A and Party B are the part of the transaction AB while C is not included in this tx. Part A sends a Transaction Quorum Node A with the payload and setting privateFor to be the public keys for parties A and B. Quorum Node A pass that transaction to the Transaction Manager, requesting that it encrypt and store the transaction payload before forwarding it to the recipients of the transaction. Transaction manager of A will request Enclave to encrypt the payload for the given recipients. Enclave of party A encrypts the private tx payload by: Generating a symmetric key(tx-key) and two random nonces. Encrypting the tx payload with the tx-key and one of the nonce. Encrypt the tx-key separately for each recipient by: Sender’s Private key and Receiver Public key and get shared-key. Encrypt the shared-key with tx-key and the other nonce. Repeat for all the recipients. Return this to transaction manager Transaction manager store the response from the enclave and forwards to the private transaction recipients After that, the transaction manager of the party A send the encrypted payload to the GoQuorum Node and it will replace the data field of the transaction with that hash. Then tx is propagated to the network. The block containing tx AB is distributed to each GoQuorum node. Each GoQuorum will process that transaction and the transaction manager determine whether this node included in that transaction. Tx Manager of A&B are part of the transaction so they make a call to the enclave to decrypt the payload Party A&B’s enclaves decrypt the private tx. The transaction manager’s return their result to their GoQuorum Nodes. ‍ Conclusion: With the evolution of the blockchain industry, the need of the enterprise level blockchain will also be increased. And this need is fulfilled by the quorum blockchain. From the performance perspective, the quorum blockchain’s consensus algorithm is pluggable which effects its performance in term of throughput. So, the use case decides which consensus algorithm should we use but the performance will be enough to fulfil the need of enterprise. Quorum blockchain is a good solution to be used in the enterprise. Topics : NFTs Relevant Blogs IBC vs Cross-Chain Bridge: Which one you need? Blockchain technology is a decentralized and distributed ledger technology that allows for secure and transparent transactions and data storage. It was first introduced in 2008 as the underlying technology for the crypto currency Bitcoin, but has since found numerous applications beyond digital currencies.One of the key features of Blockchain is its immutability. This makes it an ideal technology for use cases where data integrity and transparency are critical. This makes it more resistant to hacking and other forms of attacks. Blockchain networks are maintained by a network of nodes that validate transactions and add them to the ledger. This ensures that the ledger is transparent and tamper-proof, as all nodes have a copy of the same ledger and can verify the transactions. By: On: A comprehensive guide on DeFi Development that outlines a step-by- step process for turning a DeFi concept to a minimum viable product Decentralized Finance (DeFi) is a rapidly emerging sector of finance and technology. It refers to a new financial system based on Blockchain technology that facilitates the development of open, transparent, and widely available financial apps and services. By: Rizmi On: Ethereum scalability layer2 plasma sidechain Since 2009 the blockchain has a huge impact on the market and make the people to realize the power of blockchain its potential By: Hammad Ali On: Aug 25, 2022 On chain kyc verification for crowdsales Know Your Customer (KYC) is a process to identify and verify the identity of investors. With the large number of ICOs being launched, regulatory authorities are pushing policies on ICOs to make them legitimate. By: Zaryab Khan On: Aug 25, 2022 Ipfs a distributed file store In the traditional web, user data is stored on centralized storage servers that have complete control over it. This control provides them elevated privileges that may be abused without the user’s knowledge or consent. By: Usman Fazil On: Aug 25, 2022 The state of decentralization in a centralized world Ever since the “blockchain, not bitcoin” narrative started floating around, there’s been an explosion of startups trying to fit the decidedly square peg of blockchain into every hole, regardless of the size or shape By: Yumna Ghazi On: Mar 11, 2022 The blockstack internet The internet provides an infrastructure for the World Wide Web, which enables social networks, electronic mail, instant messaging, distributed gaming, file sharing, video streaming, and much, much more. By: Sidra On: Aug 25, 2022 Enterprise blockchain quorum privacy and permissioning Since one of the most well known and well tested use case of blockchain is payment systems, it’s no wonder financial institutions around the world are experimenting with it. While Ripple and Hyperledger are the ones more popular in this regard, another contender in the race of enterprise blockchain is Quorum. By: Yumna Ghazi On: Aug 25, 2022 Enterprise blockchain quorum privacy permissioning This article is a part of our series on enterprise blockchains, particularly focusing on Quorum. In the previous article, we presented a high-level view of Quorum and how it distinguishes itself from Ethereum, despite being forked from its source initially By: Yumna Ghazi On: Aug 25, 2022 Iot blockchain Every few years, the tech world drops a new word and it goes buzzing around the world. The hype goes wild, controversies grow, and endless arguments begin between the proponents and the critics. By: Aisha A. On: Aug 25, 2022 What are smart contracts? Contract is an agreement between people, everyone has a contract in his life with property dealer, with lawyer and many others. But these contracts are in the physical form and for the implication of these contract we need some entities like Police etc By: Hammad Ali On: Aug 25, 2022 IBC vs Cross-Chain Bridge: Which one you need? Blockchain technology is a decentralized and distributed ledger technology that allows for secure and transparent transactions and data storage. It was first introduced in 2008 as the underlying technology for the crypto currency Bitcoin, but has since found numerous applications beyond digital currencies.One of the key features of Blockchain is its immutability. This makes it an ideal technology for use cases where data integrity and transparency are critical. This makes it more resistant to hacking and other forms of attacks. Blockchain networks are maintained by a network of nodes that validate transactions and add them to the ledger. This ensures that the ledger is transparent and tamper-proof, as all nodes have a copy of the same ledger and can verify the transactions. By: On: A comprehensive guide on DeFi Development that outlines a step-by- step process for turning a DeFi concept to a minimum viable product Decentralized Finance (DeFi) is a rapidly emerging sector of finance and technology. It refers to a new financial system based on Blockchain technology that facilitates the development of open, transparent, and widely available financial apps and services. By: Rizmi On: Ethereum scalability layer2 plasma sidechain Since 2009 the blockchain has a huge impact on the market and make the people to realize the power of blockchain its potential By: Hammad Ali On: Aug 25, 2022 On chain kyc verification for crowdsales Know Your Customer (KYC) is a process to identify and verify the identity of investors. With the large number of ICOs being launched, regulatory authorities are pushing policies on ICOs to make them legitimate. By: Zaryab Khan On: Aug 25, 2022 Ipfs a distributed file store In the traditional web, user data is stored on centralized storage servers that have complete control over it. This control provides them elevated privileges that may be abused without the user’s knowledge or consent. By: Usman Fazil On: Aug 25, 2022 The state of decentralization in a centralized world Ever since the “blockchain, not bitcoin” narrative started floating around, there’s been an explosion of startups trying to fit the decidedly square peg of blockchain into every hole, regardless of the size or shape By: Yumna Ghazi On: Mar 11, 2022 The blockstack internet The internet provides an infrastructure for the World Wide Web, which enables social networks, electronic mail, instant messaging, distributed gaming, file sharing, video streaming, and much, much more. By: Sidra On: Aug 25, 2022 Enterprise blockchain quorum privacy and permissioning Since one of the most well known and well tested use case of blockchain is payment systems, it’s no wonder financial institutions around the world are experimenting with it. While Ripple and Hyperledger are the ones more popular in this regard, another contender in the race of enterprise blockchain is Quorum. By: Yumna Ghazi On: Aug 25, 2022 Enterprise blockchain quorum privacy permissioning This article is a part of our series on enterprise blockchains, particularly focusing on Quorum. In the previous article, we presented a high-level view of Quorum and how it distinguishes itself from Ethereum, despite being forked from its source initially By: Yumna Ghazi On: Aug 25, 2022 Iot blockchain Every few years, the tech world drops a new word and it goes buzzing around the world. The hype goes wild, controversies grow, and endless arguments begin between the proponents and the critics. By: Aisha A. On: Aug 25, 2022 What are smart contracts? Contract is an agreement between people, everyone has a contract in his life with property dealer, with lawyer and many others. But these contracts are in the physical form and for the implication of these contract we need some entities like Police etc By: Hammad Ali On: Aug 25, 2022 PREV NEXT Get in touch with the Block360 Team We are happy to connect with you. Feel free to reach out to us on our never ending journey of stargazing. Send Message Thank you! Your submission has been received! Oops! Something went wrong while submitting the form. Our Services Consultation Design Development Security Audits Projects GSU Protocol DABLY Skillsbite Get in touch Contact Us Book a Meeting © Block360. All rights reserved 2023. ======================================================================== ======== URL: https://block360.io/blog/the-state-of-decentralization-in-a-centralized-world Content: The state of decentralization in a centralized world About Us Services Product Design & Development Web & Mobile Apps Blockchain & Web3.0 MVP Development Projects Blogs About Us About Us Careers About Us Testimonials Our Team FAQ Privacy Policy Careers Contact Us Book a Call Book a Meeting Like what you read? Drop a like 0 The state of decentralization in a centralized world Download Free Plan Yumna Ghazi Updated : March 1, 2023 Published : October 12, 2023 "If you are an artist and still don't use NFTs (Non-Fungible Tokens), you are potentially missing millions of dollars." Olawale Daniel The decentralization dilemma One of the main reasons for Bitcoin’s origination is the eradication of financial institutions from payment methods, which, incidentally, is a paraphrase of how the [whitepaper](https://bitcoin.org/bitcoin.pdf) begins, setting the tone for the ensuing revolution. Bitcoin has delivered on that promise and then some. However, centralization has proved to be a hard habit to shake off, since buying or selling cryptocurrencies still largely requires people to lean on financial institutions in the form of exchanges. That is not to say that there aren’t ways to circumvent that via atomic swaps and the burgeoning decentralized exchanges that promise no third-party interference. And yet, these solutions are either not ready for consumption or they’re too cumbersome for the average person to use. I recently came across an interesting and aptly named blog that succinctly summarizes this problem dubbed by the author as the [Decentralization Dilemma](https://www.molus.org/blog/decentralization-dilemma/), which hinges on two core concepts: beginner difficulty and eventual centralization. These problems are not just confined to cryptocurrencies but also plague every blockchain project that promises the user control of their funds, identities, data, etc. Not quite decentralized Decentralized applications are definitely in demand if you look at the number of successful crowd sale figures that could easily surpass the GDP of a small nation. Unfortunately, the heavy influx of money in ICOs is not in any way indicative of the adoption of the technology in question. Rather, it is a testament to their investment potential that leads investors to speculate and buy into solutions that would be nothing more for them than quick cash. And even though the name may suggest otherwise, a lot of the DApps still rely heavily on the good old client-server architecture and are not completely decentralized. Nonetheless, since they’re running on top of a smart contract platform, they are called DApps. In defense of developers, it is hard to think in unconventional terms where loops can prove to be costly and talking to servers is a definite challenge. Writing smart contracts is nothing similar to writing conventional web or mobile applications, and learning specialized languages has nothing to do with it. It’s about the design choices that a developer has to make in order to develop a truly decentralized application, where every line of code incurs a fee on the platform. One of the major obstacles in the quest for decentralization is application data storage. You could, ostensibly, cram all that data on the blockchain, but aside from bloating the blockchain and the impracticality of having to pay for every write operation, there are other considerations to take into account, like the privacy and security of said data. With the GDPR compliance requirement that every tech company has recently been scrambling to cover, there is also the policy of “right to erasure” that makes putting data on chain impossible. There are a couple of options that developers resort to in this case: to either store the evidence (hash) of data on the blockchain and store the actual data elsewhere, or to use decentralized options like IPFS or BigchainDB, that have a myriad of issues – security being the most critical one – due to their lack of maturity. Another thing that eludes developers is human-centric design. It’s easy to theorize but much harder to actually engineer a user-friendly decentralized solution that is invariably going to be complex under the hood. Design is essential to help the user navigate through the application and to actually entice them enough for retention. It is the reason people prefer using Coinbase and the like over bisq and other decentralized solutions that don’t make it easy for the users to exchange assets. It is the reason setting up a Dropbox account sounds like a better idea against hosting your data on IPFS. The DApp developers need to be more design conscious if they want to create a usable application. The decentralization manifesto At Block360, we are strong proponents of decentralization and are striving to follow a human-friendly approach to our designs. We want mass adoption of cryptocurrencies and blockchain-based technologies – not simply as investments but as replacements to centralized solutions. And, to that end, we’re trying to make it easy for everyone – regardless of their technical expertise – to use such applications with intuitive user experiences. ‍ Topics : NFTs Relevant Blogs IBC vs Cross-Chain Bridge: Which one you need? Blockchain technology is a decentralized and distributed ledger technology that allows for secure and transparent transactions and data storage. It was first introduced in 2008 as the underlying technology for the crypto currency Bitcoin, but has since found numerous applications beyond digital currencies.One of the key features of Blockchain is its immutability. This makes it an ideal technology for use cases where data integrity and transparency are critical. This makes it more resistant to hacking and other forms of attacks. Blockchain networks are maintained by a network of nodes that validate transactions and add them to the ledger. This ensures that the ledger is transparent and tamper-proof, as all nodes have a copy of the same ledger and can verify the transactions. By: On: A comprehensive guide on DeFi Development that outlines a step-by- step process for turning a DeFi concept to a minimum viable product Decentralized Finance (DeFi) is a rapidly emerging sector of finance and technology. It refers to a new financial system based on Blockchain technology that facilitates the development of open, transparent, and widely available financial apps and services. By: Rizmi On: Ethereum scalability layer2 plasma sidechain Since 2009 the blockchain has a huge impact on the market and make the people to realize the power of blockchain its potential By: Hammad Ali On: Aug 25, 2022 On chain kyc verification for crowdsales Know Your Customer (KYC) is a process to identify and verify the identity of investors. With the large number of ICOs being launched, regulatory authorities are pushing policies on ICOs to make them legitimate. By: Zaryab Khan On: Aug 25, 2022 Enterprise blockchain and intro to quorum blockchain- Since the blockchain is very secure, distributed and transparent platform. But these needs are varying from the public network to private network. The private networks need privacy, performance and permissioning. By: Hammad Ali On: Aug 25, 2022 Ipfs a distributed file store In the traditional web, user data is stored on centralized storage servers that have complete control over it. This control provides them elevated privileges that may be abused without the user’s knowledge or consent. By: Usman Fazil On: Aug 25, 2022 The blockstack internet The internet provides an infrastructure for the World Wide Web, which enables social networks, electronic mail, instant messaging, distributed gaming, file sharing, video streaming, and much, much more. By: Sidra On: Aug 25, 2022 Enterprise blockchain quorum privacy and permissioning Since one of the most well known and well tested use case of blockchain is payment systems, it’s no wonder financial institutions around the world are experimenting with it. While Ripple and Hyperledger are the ones more popular in this regard, another contender in the race of enterprise blockchain is Quorum. By: Yumna Ghazi On: Aug 25, 2022 Enterprise blockchain quorum privacy permissioning This article is a part of our series on enterprise blockchains, particularly focusing on Quorum. In the previous article, we presented a high-level view of Quorum and how it distinguishes itself from Ethereum, despite being forked from its source initially By: Yumna Ghazi On: Aug 25, 2022 Iot blockchain Every few years, the tech world drops a new word and it goes buzzing around the world. The hype goes wild, controversies grow, and endless arguments begin between the proponents and the critics. By: Aisha A. On: Aug 25, 2022 What are smart contracts? Contract is an agreement between people, everyone has a contract in his life with property dealer, with lawyer and many others. But these contracts are in the physical form and for the implication of these contract we need some entities like Police etc By: Hammad Ali On: Aug 25, 2022 IBC vs Cross-Chain Bridge: Which one you need? Blockchain technology is a decentralized and distributed ledger technology that allows for secure and transparent transactions and data storage. It was first introduced in 2008 as the underlying technology for the crypto currency Bitcoin, but has since found numerous applications beyond digital currencies.One of the key features of Blockchain is its immutability. This makes it an ideal technology for use cases where data integrity and transparency are critical. This makes it more resistant to hacking and other forms of attacks. Blockchain networks are maintained by a network of nodes that validate transactions and add them to the ledger. This ensures that the ledger is transparent and tamper-proof, as all nodes have a copy of the same ledger and can verify the transactions. By: On: A comprehensive guide on DeFi Development that outlines a step-by- step process for turning a DeFi concept to a minimum viable product Decentralized Finance (DeFi) is a rapidly emerging sector of finance and technology. It refers to a new financial system based on Blockchain technology that facilitates the development of open, transparent, and widely available financial apps and services. By: Rizmi On: Ethereum scalability layer2 plasma sidechain Since 2009 the blockchain has a huge impact on the market and make the people to realize the power of blockchain its potential By: Hammad Ali On: Aug 25, 2022 On chain kyc verification for crowdsales Know Your Customer (KYC) is a process to identify and verify the identity of investors. With the large number of ICOs being launched, regulatory authorities are pushing policies on ICOs to make them legitimate. By: Zaryab Khan On: Aug 25, 2022 Enterprise blockchain and intro to quorum blockchain- Since the blockchain is very secure, distributed and transparent platform. But these needs are varying from the public network to private network. The private networks need privacy, performance and permissioning. By: Hammad Ali On: Aug 25, 2022 Ipfs a distributed file store In the traditional web, user data is stored on centralized storage servers that have complete control over it. This control provides them elevated privileges that may be abused without the user’s knowledge or consent. By: Usman Fazil On: Aug 25, 2022 The blockstack internet The internet provides an infrastructure for the World Wide Web, which enables social networks, electronic mail, instant messaging, distributed gaming, file sharing, video streaming, and much, much more. By: Sidra On: Aug 25, 2022 Enterprise blockchain quorum privacy and permissioning Since one of the most well known and well tested use case of blockchain is payment systems, it’s no wonder financial institutions around the world are experimenting with it. While Ripple and Hyperledger are the ones more popular in this regard, another contender in the race of enterprise blockchain is Quorum. By: Yumna Ghazi On: Aug 25, 2022 Enterprise blockchain quorum privacy permissioning This article is a part of our series on enterprise blockchains, particularly focusing on Quorum. In the previous article, we presented a high-level view of Quorum and how it distinguishes itself from Ethereum, despite being forked from its source initially By: Yumna Ghazi On: Aug 25, 2022 Iot blockchain Every few years, the tech world drops a new word and it goes buzzing around the world. The hype goes wild, controversies grow, and endless arguments begin between the proponents and the critics. By: Aisha A. On: Aug 25, 2022 What are smart contracts? Contract is an agreement between people, everyone has a contract in his life with property dealer, with lawyer and many others. But these contracts are in the physical form and for the implication of these contract we need some entities like Police etc By: Hammad Ali On: Aug 25, 2022 PREV NEXT Get in touch with the Block360 Team We are happy to connect with you. Feel free to reach out to us on our never ending journey of stargazing. Send Message Thank you! Your submission has been received! Oops! Something went wrong while submitting the form. Our Services Consultation Design Development Security Audits Projects GSU Protocol DABLY Skillsbite Get in touch Contact Us Book a Meeting © Block360. All rights reserved 2023. ======================================================================== ======== URL: https://block360.io/blog/on-chain-kyc-verification-for-crowdsales Content: On chain kyc verification for crowdsales About Us Services Product Design & Development Web & Mobile Apps Blockchain & Web3.0 MVP Development Projects Blogs About Us About Us Careers About Us Testimonials Our Team FAQ Privacy Policy Careers Contact Us Book a Call Book a Meeting Like what you read? Drop a like 0 On chain kyc verification for crowdsales Download Free Plan Muhammad Zaryab Updated : March 1, 2023 Published : October 12, 2023 “I feel so proud and blessed that I have seen and taken advantage of many great opportunities in this world before millions of people have seen them” Anuj Jasani KYC before ICO: KYC is performed before the ICO and all the whitelisted addresses are added into the crowdsale contract. KYC during ICO: The ICO owner keeps updating the whitelist, as per request, within the duration of the ICO. KYC using ECRecover: This is the most cost-effective way to whitelist an investor. The ICO owner signs the investor address after the KYC verification and gives this signed data for the investor to include in the transaction. But we are still a ways away from bringing that dream to fruition. ECRecover Mechanism parameter address _to is Digital signatures are a staple of Public Key Infrastructure that allows anyone to validate the integrity and the source of the signed data. The data is signed using the private key and the public key is required to validate the signature. The ECRecover function in solidity takes in hashed data and the corresponding signature to return the public address of the signer, hence verifying the origin of the signature. In case of KYC, an owner would verify the identity of a potential contributor either themselves or using a third-party service such as Shufti Pro, Onfido, etc. Once verified, the owner signs the investor’s address and sends it to them. The investor will use this signature when making a contribution to the ICO contract, where this signature will be verified – both where it came from (the owner) and to whom it was addressed (the investor) – before allowing the purchase of tokens. We’ll use Ethereum-utils.js library’s ecsign function to sign the data, the web3.eth.sign signs data as “\x19Ethereum Signed Message:\n” + message.length + message. Using this function we cannot recover the actual signed address we can only get the signer of the data. But we also need the address which we’ve signed to make sure the intended participant is using the signed data. var checksumAddress = web3.utils.toChecksumAddress(publicAddress); var payload = web3.utils.sha3(checksumAddress); var {v,r,s} = EthJS.Util.ecsign(EthJS.Util.toBuffer(payload),EthJS.Util.toBuffer(privateKey)); var rHex = EthJS.Util.bufferToHex(r); var sHex = EthJS.Util.bufferToHex(s); var v = Number(v); v = 28 r = “0x13f55b8ee0275658b3b5867d4afcce9e042504b71310cf64193dd4a261192fa3” s = “0x62a5e7243f5e293fc82910923af672397682ce572c86c76d97248ef860d235f6” var checksumAddress = web3.utils.toChecksumAddress(publicAddress); var payload = web3.utils.sha3(checksumAddress); var {v,r,s} = EthJS.Util.ecsign(EthJS.Util.toBuffer(payload),EthJS.Util.toBuffer(privateKey)); var rHex = EthJS.Util.bufferToHex(r); var sHex = EthJS.Util.bufferToHex(s); var v = Number(v); v = 28 r = “0x13f55b8ee0275658b3b5867d4afcce9e042504b71310cf64193dd4a261192fa3” s = “0x62a5e7243f5e293fc82910923af672397682ce572c86c76d97248ef860d235f6” ‍ Blockchain Transaction | Blockchain Developer | Block360 Next, we try to contribute using the buy Token function of the contract. ContractInstance.methods.buyTokens(checksumAddress,v,rHex,sHex).encodeABI() ‍ We use MetaMask to send transaction to the contract including the signature and singed data in the data field. The transaction is successfully executed. Now using the same signed data from another account. ‍ Metamask Blockchain Transaction | Blockchain Developer | Block360 The transaction is successfully executed. Blockchain Transaction | Blockchain Developer | Block360 Now using the same signed data from another account. Blockchain Transaction | Blockchain Developer | Block360 Conclusion: We have successfully implemented the KYC On-chain mechanism which allows investor whitelisting without having to pay extra gas fee at either side – the investor or the owner. Topics : NFTs Relevant Blogs IBC vs Cross-Chain Bridge: Which one you need? Blockchain technology is a decentralized and distributed ledger technology that allows for secure and transparent transactions and data storage. It was first introduced in 2008 as the underlying technology for the crypto currency Bitcoin, but has since found numerous applications beyond digital currencies.One of the key features of Blockchain is its immutability. This makes it an ideal technology for use cases where data integrity and transparency are critical. This makes it more resistant to hacking and other forms of attacks. Blockchain networks are maintained by a network of nodes that validate transactions and add them to the ledger. This ensures that the ledger is transparent and tamper-proof, as all nodes have a copy of the same ledger and can verify the transactions. By: On: A comprehensive guide on DeFi Development that outlines a step-by- step process for turning a DeFi concept to a minimum viable product Decentralized Finance (DeFi) is a rapidly emerging sector of finance and technology. It refers to a new financial system based on Blockchain technology that facilitates the development of open, transparent, and widely available financial apps and services. By: Rizmi On: Ethereum scalability layer2 plasma sidechain Since 2009 the blockchain has a huge impact on the market and make the people to realize the power of blockchain its potential By: Hammad Ali On: Aug 25, 2022 Enterprise blockchain and intro to quorum blockchain- Since the blockchain is very secure, distributed and transparent platform. But these needs are varying from the public network to private network. The private networks need privacy, performance and permissioning. By: Hammad Ali On: Aug 25, 2022 Ipfs a distributed file store In the traditional web, user data is stored on centralized storage servers that have complete control over it. This control provides them elevated privileges that may be abused without the user’s knowledge or consent. By: Usman Fazil On: Aug 25, 2022 The state of decentralization in a centralized world Ever since the “blockchain, not bitcoin” narrative started floating around, there’s been an explosion of startups trying to fit the decidedly square peg of blockchain into every hole, regardless of the size or shape By: Yumna Ghazi On: Mar 11, 2022 The blockstack internet The internet provides an infrastructure for the World Wide Web, which enables social networks, electronic mail, instant messaging, distributed gaming, file sharing, video streaming, and much, much more. By: Sidra On: Aug 25, 2022 Enterprise blockchain quorum privacy and permissioning Since one of the most well known and well tested use case of blockchain is payment systems, it’s no wonder financial institutions around the world are experimenting with it. While Ripple and Hyperledger are the ones more popular in this regard, another contender in the race of enterprise blockchain is Quorum. By: Yumna Ghazi On: Aug 25, 2022 Enterprise blockchain quorum privacy permissioning This article is a part of our series on enterprise blockchains, particularly focusing on Quorum. In the previous article, we presented a high-level view of Quorum and how it distinguishes itself from Ethereum, despite being forked from its source initially By: Yumna Ghazi On: Aug 25, 2022 Iot blockchain Every few years, the tech world drops a new word and it goes buzzing around the world. The hype goes wild, controversies grow, and endless arguments begin between the proponents and the critics. By: Aisha A. On: Aug 25, 2022 What are smart contracts? Contract is an agreement between people, everyone has a contract in his life with property dealer, with lawyer and many others. But these contracts are in the physical form and for the implication of these contract we need some entities like Police etc By: Hammad Ali On: Aug 25, 2022 IBC vs Cross-Chain Bridge: Which one you need? Blockchain technology is a decentralized and distributed ledger technology that allows for secure and transparent transactions and data storage. It was first introduced in 2008 as the underlying technology for the crypto currency Bitcoin, but has since found numerous applications beyond digital currencies.One of the key features of Blockchain is its immutability. This makes it an ideal technology for use cases where data integrity and transparency are critical. This makes it more resistant to hacking and other forms of attacks. Blockchain networks are maintained by a network of nodes that validate transactions and add them to the ledger. This ensures that the ledger is transparent and tamper-proof, as all nodes have a copy of the same ledger and can verify the transactions. By: On: A comprehensive guide on DeFi Development that outlines a step-by- step process for turning a DeFi concept to a minimum viable product Decentralized Finance (DeFi) is a rapidly emerging sector of finance and technology. It refers to a new financial system based on Blockchain technology that facilitates the development of open, transparent, and widely available financial apps and services. By: Rizmi On: Ethereum scalability layer2 plasma sidechain Since 2009 the blockchain has a huge impact on the market and make the people to realize the power of blockchain its potential By: Hammad Ali On: Aug 25, 2022 Enterprise blockchain and intro to quorum blockchain- Since the blockchain is very secure, distributed and transparent platform. But these needs are varying from the public network to private network. The private networks need privacy, performance and permissioning. By: Hammad Ali On: Aug 25, 2022 Ipfs a distributed file store In the traditional web, user data is stored on centralized storage servers that have complete control over it. This control provides them elevated privileges that may be abused without the user’s knowledge or consent. By: Usman Fazil On: Aug 25, 2022 The state of decentralization in a centralized world Ever since the “blockchain, not bitcoin” narrative started floating around, there’s been an explosion of startups trying to fit the decidedly square peg of blockchain into every hole, regardless of the size or shape By: Yumna Ghazi On: Mar 11, 2022 The blockstack internet The internet provides an infrastructure for the World Wide Web, which enables social networks, electronic mail, instant messaging, distributed gaming, file sharing, video streaming, and much, much more. By: Sidra On: Aug 25, 2022 Enterprise blockchain quorum privacy and permissioning Since one of the most well known and well tested use case of blockchain is payment systems, it’s no wonder financial institutions around the world are experimenting with it. While Ripple and Hyperledger are the ones more popular in this regard, another contender in the race of enterprise blockchain is Quorum. By: Yumna Ghazi On: Aug 25, 2022 Enterprise blockchain quorum privacy permissioning This article is a part of our series on enterprise blockchains, particularly focusing on Quorum. In the previous article, we presented a high-level view of Quorum and how it distinguishes itself from Ethereum, despite being forked from its source initially By: Yumna Ghazi On: Aug 25, 2022 Iot blockchain Every few years, the tech world drops a new word and it goes buzzing around the world. The hype goes wild, controversies grow, and endless arguments begin between the proponents and the critics. By: Aisha A. On: Aug 25, 2022 What are smart contracts? Contract is an agreement between people, everyone has a contract in his life with property dealer, with lawyer and many others. But these contracts are in the physical form and for the implication of these contract we need some entities like Police etc By: Hammad Ali On: Aug 25, 2022 PREV NEXT Get in touch with the Block360 Team We are happy to connect with you. Feel free to reach out to us on our never ending journey of stargazing. Send Message Thank you! Your submission has been received! Oops! Something went wrong while submitting the form. Our Services Consultation Design Development Security Audits Projects GSU Protocol DABLY Skillsbite Get in touch Contact Us Book a Meeting © Block360. All rights reserved 2023. ======================================================================== ======== URL: https://block360.io/blog/iot-blockchain Content: Iot blockchain About Us Services Product Design & Development Web & Mobile Apps Blockchain & Web3.0 MVP Development Projects Blogs About Us About Us Careers About Us Testimonials Our Team FAQ Privacy Policy Careers Contact Us Book a Call Book a Meeting Like what you read? Drop a like 0 Iot blockchain Download Free Plan Ayesha A. Updated : March 1, 2023 Published : October 12, 2023 “Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments.” —Leon Luow, Nobel Peace Prize nominee The golden one these days is the Internet of Things. Wondering what IoT truly is? The internet became public less than three decades ago, but it did not take long for it to become mainstream. It has become the lifeblood of the modern world, but it owes this proliferation to an exponential rise in computational power of our devices. ‍ IOT Blockchain Anyway, I am not sitting here trying to talk about the awesomeness of the mainstream Internet, but about the buzz word of IoT thrown around wherever you go. Unlike many others, IoT is no longer just a word, it has proliferated into our lives enough that it is saving lives be it through medical devices, vehicles, or simple safety gadgets. Now IoT is no rocket science. In the simplest of terms, it is a bunch of things interconnected via the internet. When you think of things and the internet, you may not even go beyond your phone, laptop, and smartwatch, but when we say things, we really mean things. Your washing machine? Your door? Your pets? Your kids? You name it and you can connect it to the internet. This sounds scary on the surface, but if you use the internet, you are already leaving tons of your data there. IoT just means machines will share the data on the internet without you making any efforts. In fancier words: machine to machine communication. Fun fact, the concept of IoT had been brewing for decades but the term IoT is not all that new either. It was first introduced in 1999 by Kevin Ashton presenting RFID to P&G’s senior management. ‍ Key Components of an IoT system All smart devices come with embedded sensors but not every smart device is an IoT device. A device must have the following components to qualify as an IoT device: IOT Blockchain 1.Devices: Sensors gather the information at the point of activity. It could be biological, environmental, visual, auditory, or any combination of these. 2.Communication: A communication channel like Wifi, Cellular network, in combination with short-range capabilities like Bluetooth, NFC etc communicates the sensed data to a storage space. 3.Data storage and consolidation: The information gathered by all the sensors is communicated generally to a cloud-based storage space. This raw data may be processed along with information from other sources to extract useful information. 4.Information portal: The end user of the product, be it a consumer, a commercial user or just a machine, obtains the information through a portal that usually offers analytical insights. If you still don’t believe much in the computing power of modern computers, I have another fun fact for you. The smartphone in your hand is more powerful than all of NASA’s computing power combined, back when it landed on the moon in 1969. In comparison to the Apollo Guidance Computer, your smartphone is a supercomputer and you are about to discover the wonders these computers can do for you. ‍ IoT in the Real World IoT Blockchian There are tons of companies luring us to get products that would let us turn our lights on and off with a tap on our smartphone but IoT is so much more than that. Here are some of the applications that are working all around you. Smart Homes A self cleaning home may be a slightly distant future, but your devices have become capable of regulating themselves. Along with the known electronics companies like Philips and Haier, many startups like Nest have made their place in the IoT market. May it be a doorbell with facial recognition, a self-learning thermostat, automated lighting or a smart toothbrush, it is all out in the market. Virtual assistants in the form of Google Home and Amazon Alexa are already in our homes, but more innovations are on the horizon with concepts like Moley, the robotic kitchen. Similar ideas scaled to a larger level will demonstrate a smart city. If we are fortunate, we will be seeing a real-life example of such a city in Dubai by 2021. Medical IoT IoT devices in the healthcare cover many different categories from location tracking, fitness tracking, life enhancements, to vital signs gathering. There are tiny chips to monitor heart activity, little patches to treat allergies, blood sugar monitors, all of which measure and relay information without involving humans. IoT in business Many businesses use IoT devices to streamline their processes from RFID security, activity tracking wearables, inventory tracking, to remote working. The ease of data sharing only enhances productivity and efficiency in business processes. Connected Cars Cars may have been simple machines but the connected car technology is changing the game. It involves a complex network of sensors and embedded software paired with powerful communication technologies paving way for cars that will drive themselves one day. Industrial IoT IoT is changing our lives one thing at a time but it is entirely revolutionizing the industry. The fourth Industrial revolution is all about the Internet of Things especially with 5G cellular network pitching in with incredibly high data rate, reduced latency, and exceptional data saving. Industry 4.0 is prepared to automate production, streamline processes, enable machine to machine communication, all through acquiring, analyzing, and processing data from IoT devices. IoT and Energy IoT systems offer much-needed solutions in a world where resources are scarce and a large percentage of energy is being wasted. It is giving rise of self-sustainable buildings that consume as much energy as they produce by deploying IoT systems in the form of smart energy grids and energy monitoring systems. It begins small with devices that let you regulate appliances remotely but on a large scale it adds up, with the possibility of making the world energy sufficient without delving into the non-renewable sources like coal and oil. Conclusion The Internet of Things sounds like the most wonderful solution to many of our problems, but it comes with some woes of its own. Smart energy grids, industrial machines, or a simple camera in your home is all great until the communication channel gets compromised. A company making light bulbs yesterday has to turn into a software company today, a task they can not possibly have experience with. IoT security is complex, and its large scale makes it vulnerable to malicious attacks. Many policies and regulations are in place to ensure people’s data is not violated but the growth of technology requires continuous consideration into updating policies as well. However, firms invested $1.5 billion on IoT security alone in 2018 as Gartner reports which speaks both about the importance and the efforts invested into the matter. The world is exploring the solution to IoT security troubles in blockchain technology and it looks quite promising so far. Together, IoT and Blockchain can make for a very different world — a world where digital transformation becomes a pervasive reality. Topics : NFTs Relevant Blogs IBC vs Cross-Chain Bridge: Which one you need? Blockchain technology is a decentralized and distributed ledger technology that allows for secure and transparent transactions and data storage. It was first introduced in 2008 as the underlying technology for the crypto currency Bitcoin, but has since found numerous applications beyond digital currencies.One of the key features of Blockchain is its immutability. This makes it an ideal technology for use cases where data integrity and transparency are critical. This makes it more resistant to hacking and other forms of attacks. Blockchain networks are maintained by a network of nodes that validate transactions and add them to the ledger. This ensures that the ledger is transparent and tamper-proof, as all nodes have a copy of the same ledger and can verify the transactions. By: On: A comprehensive guide on DeFi Development that outlines a step-by- step process for turning a DeFi concept to a minimum viable product Decentralized Finance (DeFi) is a rapidly emerging sector of finance and technology. It refers to a new financial system based on Blockchain technology that facilitates the development of open, transparent, and widely available financial apps and services. By: Rizmi On: Ethereum scalability layer2 plasma sidechain Since 2009 the blockchain has a huge impact on the market and make the people to realize the power of blockchain its potential By: Hammad Ali On: Aug 25, 2022 On chain kyc verification for crowdsales Know Your Customer (KYC) is a process to identify and verify the identity of investors. With the large number of ICOs being launched, regulatory authorities are pushing policies on ICOs to make them legitimate. By: Zaryab Khan On: Aug 25, 2022 Enterprise blockchain and intro to quorum blockchain- Since the blockchain is very secure, distributed and transparent platform. But these needs are varying from the public network to private network. The private networks need privacy, performance and permissioning. By: Hammad Ali On: Aug 25, 2022 Ipfs a distributed file store In the traditional web, user data is stored on centralized storage servers that have complete control over it. This control provides them elevated privileges that may be abused without the user’s knowledge or consent. By: Usman Fazil On: Aug 25, 2022 The state of decentralization in a centralized world Ever since the “blockchain, not bitcoin” narrative started floating around, there’s been an explosion of startups trying to fit the decidedly square peg of blockchain into every hole, regardless of the size or shape By: Yumna Ghazi On: Mar 11, 2022 The blockstack internet The internet provides an infrastructure for the World Wide Web, which enables social networks, electronic mail, instant messaging, distributed gaming, file sharing, video streaming, and much, much more. By: Sidra On: Aug 25, 2022 Enterprise blockchain quorum privacy and permissioning Since one of the most well known and well tested use case of blockchain is payment systems, it’s no wonder financial institutions around the world are experimenting with it. While Ripple and Hyperledger are the ones more popular in this regard, another contender in the race of enterprise blockchain is Quorum. By: Yumna Ghazi On: Aug 25, 2022 Enterprise blockchain quorum privacy permissioning This article is a part of our series on enterprise blockchains, particularly focusing on Quorum. In the previous article, we presented a high-level view of Quorum and how it distinguishes itself from Ethereum, despite being forked from its source initially By: Yumna Ghazi On: Aug 25, 2022 What are smart contracts? Contract is an agreement between people, everyone has a contract in his life with property dealer, with lawyer and many others. But these contracts are in the physical form and for the implication of these contract we need some entities like Police etc By: Hammad Ali On: Aug 25, 2022 IBC vs Cross-Chain Bridge: Which one you need? Blockchain technology is a decentralized and distributed ledger technology that allows for secure and transparent transactions and data storage. It was first introduced in 2008 as the underlying technology for the crypto currency Bitcoin, but has since found numerous applications beyond digital currencies.One of the key features of Blockchain is its immutability. This makes it an ideal technology for use cases where data integrity and transparency are critical. This makes it more resistant to hacking and other forms of attacks. Blockchain networks are maintained by a network of nodes that validate transactions and add them to the ledger. This ensures that the ledger is transparent and tamper-proof, as all nodes have a copy of the same ledger and can verify the transactions. By: On: A comprehensive guide on DeFi Development that outlines a step-by- step process for turning a DeFi concept to a minimum viable product Decentralized Finance (DeFi) is a rapidly emerging sector of finance and technology. It refers to a new financial system based on Blockchain technology that facilitates the development of open, transparent, and widely available financial apps and services. By: Rizmi On: Ethereum scalability layer2 plasma sidechain Since 2009 the blockchain has a huge impact on the market and make the people to realize the power of blockchain its potential By: Hammad Ali On: Aug 25, 2022 On chain kyc verification for crowdsales Know Your Customer (KYC) is a process to identify and verify the identity of investors. With the large number of ICOs being launched, regulatory authorities are pushing policies on ICOs to make them legitimate. By: Zaryab Khan On: Aug 25, 2022 Enterprise blockchain and intro to quorum blockchain- Since the blockchain is very secure, distributed and transparent platform. But these needs are varying from the public network to private network. The private networks need privacy, performance and permissioning. By: Hammad Ali On: Aug 25, 2022 Ipfs a distributed file store In the traditional web, user data is stored on centralized storage servers that have complete control over it. This control provides them elevated privileges that may be abused without the user’s knowledge or consent. By: Usman Fazil On: Aug 25, 2022 The state of decentralization in a centralized world Ever since the “blockchain, not bitcoin” narrative started floating around, there’s been an explosion of startups trying to fit the decidedly square peg of blockchain into every hole, regardless of the size or shape By: Yumna Ghazi On: Mar 11, 2022 The blockstack internet The internet provides an infrastructure for the World Wide Web, which enables social networks, electronic mail, instant messaging, distributed gaming, file sharing, video streaming, and much, much more. By: Sidra On: Aug 25, 2022 Enterprise blockchain quorum privacy and permissioning Since one of the most well known and well tested use case of blockchain is payment systems, it’s no wonder financial institutions around the world are experimenting with it. While Ripple and Hyperledger are the ones more popular in this regard, another contender in the race of enterprise blockchain is Quorum. By: Yumna Ghazi On: Aug 25, 2022 Enterprise blockchain quorum privacy permissioning This article is a part of our series on enterprise blockchains, particularly focusing on Quorum. In the previous article, we presented a high-level view of Quorum and how it distinguishes itself from Ethereum, despite being forked from its source initially By: Yumna Ghazi On: Aug 25, 2022 What are smart contracts? Contract is an agreement between people, everyone has a contract in his life with property dealer, with lawyer and many others. But these contracts are in the physical form and for the implication of these contract we need some entities like Police etc By: Hammad Ali On: Aug 25, 2022 PREV NEXT Get in touch with the Block360 Team We are happy to connect with you. Feel free to reach out to us on our never ending journey of stargazing. Send Message Thank you! Your submission has been received! Oops! Something went wrong while submitting the form. Our Services Consultation Design Development Security Audits Projects GSU Protocol DABLY Skillsbite Get in touch Contact Us Book a Meeting © Block360. All rights reserved 2023. ======================================================================== ======== URL: https://block360.io/blog/what-are-smart-contracts Content: What are smart contracts? About Us Services Product Design & Development Web & Mobile Apps Blockchain & Web3.0 MVP Development Projects Blogs About Us About Us Careers About Us Testimonials Our Team FAQ Privacy Policy Careers Contact Us Book a Call Book a Meeting Like what you read? Drop a like 0 What are smart contracts? Download Free Plan Hammad Ali Updated : March 1, 2023 Published : October 12, 2023 "Bitcoin is the most important invention in the history of the world since the Internet." —Roger Ver, Bitcoin angel investor, and evangelist With the smart contracts, there is no need of any physical form to prove your ownership of assets. Moreover, due to the transparent nature of the blockchain, the ownership of the assets can be verified easily. Tradition Contracts 1-3 Days Manual Remittance Physical Presence Expensive Lawyer Necessary ‍ Smart Contracts Minutes Automatic Remittance Virtual Presence Fraction of Cost Lawyer may not be necessary ‍ How do smart contracts work? A computer program has some core parts which are included in every program. These components of the program are function, if else statements, variables etc. The same way smart contracts have function, if else statements and variable and these are the building blocks of the smart contracts. Specific part of the code run when some condition is met and action is performed. This action includes send money , registering a house, transfer ownership of the house etc. ‍ Smart Contract Working | Block360 | Blockchain Image Source: Edureka Benefits of Smart Contract: Speed, Efficiency and Accuracy ‍ Since smart contracts are computer program and run immediately after some state. There is no need of paperwork and physical presence of the person to fulfil the agreement. Trust and Transparency Smart Contract are deployed on the blockchain network which make it transparent. Information is accessible and easy to validate which makes a trust between parties. Security Blockchain is high secure network and cannot be compromised easy due to highly encryption and connectivity. It’s not possible to hack the blockchain because he has to change the entire chain. ‍ Savings In the agreement between parties, there is always an intermediate entity which takes time as well as money. Smart contract removes that entity, save associated money and time. Platform to deploy Smart Contracts: Ethereum Smart Contract Language: Solidity Polkadot Smart Contract Language: Depends on the selected chain Hyperledger Smart Contract Language: Javascript, GO Tezos Smart Contract Language: Michelson Stellar Smart Contract Language: Net, Scala, C++, GO Solana Smart Contract Language: C, Rust Corda Smart Contract Language: Java, Kotlin, DAML Cardano Smart Contract Language: Plutus, Marlowe, Solidity and many others Tools for writing and deploying Smart Contracts ‍ 1. Truffle Truffle is a development framework for the Ethereum. It has all the tools that are required for building smart contract from scratch to production ready. 2. Mist Browser A separate browser for interacting with the decentralized applications. 3. Metamask Metamask is a cryptocurrency wallet used for interacting with the Ethereum based networks. 4. Remix Remix is a web-based IDE that is used for writing, compiling, deploying and interacting with the smart contracts. ‍ Conclusion: With the passage of time smart contracts are evolving and many other platforms have been introduced. Smart Contract has taken a revolution in the world of technology and change the ways for handling money. The understanding of the smart contract is very important because in the future all the assets will be handled by these contracts. Topics : NFTs Relevant Blogs IBC vs Cross-Chain Bridge: Which one you need? Blockchain technology is a decentralized and distributed ledger technology that allows for secure and transparent transactions and data storage. It was first introduced in 2008 as the underlying technology for the crypto currency Bitcoin, but has since found numerous applications beyond digital currencies.One of the key features of Blockchain is its immutability. This makes it an ideal technology for use cases where data integrity and transparency are critical. This makes it more resistant to hacking and other forms of attacks. Blockchain networks are maintained by a network of nodes that validate transactions and add them to the ledger. This ensures that the ledger is transparent and tamper-proof, as all nodes have a copy of the same ledger and can verify the transactions. By: On: A comprehensive guide on DeFi Development that outlines a step-by- step process for turning a DeFi concept to a minimum viable product Decentralized Finance (DeFi) is a rapidly emerging sector of finance and technology. It refers to a new financial system based on Blockchain technology that facilitates the development of open, transparent, and widely available financial apps and services. By: Rizmi On: Ethereum scalability layer2 plasma sidechain Since 2009 the blockchain has a huge impact on the market and make the people to realize the power of blockchain its potential By: Hammad Ali On: Aug 25, 2022 On chain kyc verification for crowdsales Know Your Customer (KYC) is a process to identify and verify the identity of investors. With the large number of ICOs being launched, regulatory authorities are pushing policies on ICOs to make them legitimate. By: Zaryab Khan On: Aug 25, 2022 Enterprise blockchain and intro to quorum blockchain- Since the blockchain is very secure, distributed and transparent platform. But these needs are varying from the public network to private network. The private networks need privacy, performance and permissioning. By: Hammad Ali On: Aug 25, 2022 Ipfs a distributed file store In the traditional web, user data is stored on centralized storage servers that have complete control over it. This control provides them elevated privileges that may be abused without the user’s knowledge or consent. By: Usman Fazil On: Aug 25, 2022 The state of decentralization in a centralized world Ever since the “blockchain, not bitcoin” narrative started floating around, there’s been an explosion of startups trying to fit the decidedly square peg of blockchain into every hole, regardless of the size or shape By: Yumna Ghazi On: Mar 11, 2022 The blockstack internet The internet provides an infrastructure for the World Wide Web, which enables social networks, electronic mail, instant messaging, distributed gaming, file sharing, video streaming, and much, much more. By: Sidra On: Aug 25, 2022 Enterprise blockchain quorum privacy and permissioning Since one of the most well known and well tested use case of blockchain is payment systems, it’s no wonder financial institutions around the world are experimenting with it. While Ripple and Hyperledger are the ones more popular in this regard, another contender in the race of enterprise blockchain is Quorum. By: Yumna Ghazi On: Aug 25, 2022 Enterprise blockchain quorum privacy permissioning This article is a part of our series on enterprise blockchains, particularly focusing on Quorum. In the previous article, we presented a high-level view of Quorum and how it distinguishes itself from Ethereum, despite being forked from its source initially By: Yumna Ghazi On: Aug 25, 2022 Iot blockchain Every few years, the tech world drops a new word and it goes buzzing around the world. The hype goes wild, controversies grow, and endless arguments begin between the proponents and the critics. By: Aisha A. On: Aug 25, 2022 IBC vs Cross-Chain Bridge: Which one you need? Blockchain technology is a decentralized and distributed ledger technology that allows for secure and transparent transactions and data storage. It was first introduced in 2008 as the underlying technology for the crypto currency Bitcoin, but has since found numerous applications beyond digital currencies.One of the key features of Blockchain is its immutability. This makes it an ideal technology for use cases where data integrity and transparency are critical. This makes it more resistant to hacking and other forms of attacks. Blockchain networks are maintained by a network of nodes that validate transactions and add them to the ledger. This ensures that the ledger is transparent and tamper-proof, as all nodes have a copy of the same ledger and can verify the transactions. By: On: A comprehensive guide on DeFi Development that outlines a step-by- step process for turning a DeFi concept to a minimum viable product Decentralized Finance (DeFi) is a rapidly emerging sector of finance and technology. It refers to a new financial system based on Blockchain technology that facilitates the development of open, transparent, and widely available financial apps and services. By: Rizmi On: Ethereum scalability layer2 plasma sidechain Since 2009 the blockchain has a huge impact on the market and make the people to realize the power of blockchain its potential By: Hammad Ali On: Aug 25, 2022 On chain kyc verification for crowdsales Know Your Customer (KYC) is a process to identify and verify the identity of investors. With the large number of ICOs being launched, regulatory authorities are pushing policies on ICOs to make them legitimate. By: Zaryab Khan On: Aug 25, 2022 Enterprise blockchain and intro to quorum blockchain- Since the blockchain is very secure, distributed and transparent platform. But these needs are varying from the public network to private network. The private networks need privacy, performance and permissioning. By: Hammad Ali On: Aug 25, 2022 Ipfs a distributed file store In the traditional web, user data is stored on centralized storage servers that have complete control over it. This control provides them elevated privileges that may be abused without the user’s knowledge or consent. By: Usman Fazil On: Aug 25, 2022 The state of decentralization in a centralized world Ever since the “blockchain, not bitcoin” narrative started floating around, there’s been an explosion of startups trying to fit the decidedly square peg of blockchain into every hole, regardless of the size or shape By: Yumna Ghazi On: Mar 11, 2022 The blockstack internet The internet provides an infrastructure for the World Wide Web, which enables social networks, electronic mail, instant messaging, distributed gaming, file sharing, video streaming, and much, much more. By: Sidra On: Aug 25, 2022 Enterprise blockchain quorum privacy and permissioning Since one of the most well known and well tested use case of blockchain is payment systems, it’s no wonder financial institutions around the world are experimenting with it. While Ripple and Hyperledger are the ones more popular in this regard, another contender in the race of enterprise blockchain is Quorum. By: Yumna Ghazi On: Aug 25, 2022 Enterprise blockchain quorum privacy permissioning This article is a part of our series on enterprise blockchains, particularly focusing on Quorum. In the previous article, we presented a high-level view of Quorum and how it distinguishes itself from Ethereum, despite being forked from its source initially By: Yumna Ghazi On: Aug 25, 2022 Iot blockchain Every few years, the tech world drops a new word and it goes buzzing around the world. The hype goes wild, controversies grow, and endless arguments begin between the proponents and the critics. By: Aisha A. On: Aug 25, 2022 PREV NEXT Get in touch with the Block360 Team We are happy to connect with you. Feel free to reach out to us on our never ending journey of stargazing. Send Message Thank you! Your submission has been received! Oops! Something went wrong while submitting the form. Our Services Consultation Design Development Security Audits Projects GSU Protocol DABLY Skillsbite Get in touch Contact Us Book a Meeting © Block360. All rights reserved 2023. ======================================================================== ======== URL: https://block360.io/blog/the-blockstack-internet Content: The blockstack internet About Us Services Product Design & Development Web & Mobile Apps Blockchain & Web3.0 MVP Development Projects Blogs About Us About Us Careers About Us Testimonials Our Team FAQ Privacy Policy Careers Contact Us Book a Call Book a Meeting Like what you read? Drop a like 0 The blockstack internet Download Free Plan Sidra Updated : March 1, 2023 Published : October 12, 2023 "Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly." Vitalik Buterin Internet, to the end user, is like a black box. They access internet-based applications via the web browsers or specialized clients. The users themselves have no control over the data they produce — it’s governance is solely in the hands of the service providers, who may or may not abuse that power. Because user data is a commodity, the incentive to exploit the users’ trust and sell their data is a calculated business decision, and a highly lucrative at that. In other words, the spirit of the internet is broken because of the Silicon Valley oligopoly of tech giants that power it. From the moment a user turns on their client and fires off a search or requests a URL, they are implicitly trusting services such as ISPs, DNSes, CAs, and centralized servers to provide them relevant services and to generally do right by them. Blockstack Internet was primarily designed for research and development purposes in the scientific and military field, keeping only trusted parties in mind. So, it lacks security and reliability by design, because maliciousness wasn’t factored in. These flaws have come to light fairly recently in the form of data breaches and privacy violations, which service providers have effectively hidden or glossed over for a long time from its consumers. The Idea Behind Blockstack Currently, when a user uses a messaging app, the message first gets routed to the service provider. Service provider maintains a database for user data where user data is first written into database on user behalf. After processing, the message is forwarded to the user on the other end. Therefore, the database maintained by service providers is the single source of truth. This process works seamless following the client-server architecture, performing reliably across as many platforms and devices as the user wants. However, there is a catch — the user doesn’t have ownership of their data and identity. User can’t control who sees their data; what screening processes their data has to go through. Users don’t even know to whom their data is being sold and for what purposes. To tackle this problem, Blockstack founders Muneeb Ali and Ryan Shea have taken the initiative to provide users with much needed decentralized digital identity and data ownership. They are redefining how the internet works by removing the element of trust and providing decentralized internet for truly decentralized applications, allowing user to own their identity and data. Whenever a user makes an account using Blockstack, they are given a decentralized identity and storage (Gaia hub) by default, where their actual data is stored, encrypted by their own public key. Keep in mind, this data can only be decrypted by the user’s private key. No one in the world can view this data unless they have the owner’s private key. Here is a screenshot of what you see when you make an account on Blockstack. The Blockstack Internet Blockstack Components Blockstack API works on the application layer. It uses the underlying transport layer protocol TCP and UDP. It allows developers to build decentralized applications on top of the Blockstack architecture, where user have complete control of their digital identity and the data associated with it. Blockstack has three main components at application level: The Blockstack Internet Blockchain:The Blockstack blockchain is actually composed of virtual chains built on top of the Bitcoin blockchain. It leverages the inherent security and trustlessness of Bitcoin to provide additional functionality such as Blockchain Naming System (BNS) and providing digital identity. Peer Network: Blockstack has implemented a peer network (Atlas) for the discovery of data. They have separated actual data storage from discovery. Atlas is only used to store pointers to the data, which is stored elsewhere on Gaia. File Storage System (Gaia): Blockstack has treated cloud storage (Amazon S3, Google cloud storage[GCS]), etc.) as dumb storage area where encrypted user data is stored. Users don’t have to trust the storage provider because they have complete control on their data. Only the owner can decrypt this data with their private key and storage providers will be left with data blobs only. ‍ Conclusion This article gives an overview of Blockstack, which is using the current infrastructure of the internet to redefine it so as to return control of data to the owner. Blockstack has a growing community and incentivizes developers to build BlockApps. It is a great beginning to the future of decentralized internet. We are a long ways from it but the foundation has been laid. The next article will explain how Blockstack works. Topics : NFTs Relevant Blogs IBC vs Cross-Chain Bridge: Which one you need? Blockchain technology is a decentralized and distributed ledger technology that allows for secure and transparent transactions and data storage. It was first introduced in 2008 as the underlying technology for the crypto currency Bitcoin, but has since found numerous applications beyond digital currencies.One of the key features of Blockchain is its immutability. This makes it an ideal technology for use cases where data integrity and transparency are critical. This makes it more resistant to hacking and other forms of attacks. Blockchain networks are maintained by a network of nodes that validate transactions and add them to the ledger. This ensures that the ledger is transparent and tamper-proof, as all nodes have a copy of the same ledger and can verify the transactions. By: On: A comprehensive guide on DeFi Development that outlines a step-by- step process for turning a DeFi concept to a minimum viable product Decentralized Finance (DeFi) is a rapidly emerging sector of finance and technology. It refers to a new financial system based on Blockchain technology that facilitates the development of open, transparent, and widely available financial apps and services. By: Rizmi On: Ethereum scalability layer2 plasma sidechain Since 2009 the blockchain has a huge impact on the market and make the people to realize the power of blockchain its potential By: Hammad Ali On: Aug 25, 2022 On chain kyc verification for crowdsales Know Your Customer (KYC) is a process to identify and verify the identity of investors. With the large number of ICOs being launched, regulatory authorities are pushing policies on ICOs to make them legitimate. By: Zaryab Khan On: Aug 25, 2022 Enterprise blockchain and intro to quorum blockchain- Since the blockchain is very secure, distributed and transparent platform. But these needs are varying from the public network to private network. The private networks need privacy, performance and permissioning. By: Hammad Ali On: Aug 25, 2022 Ipfs a distributed file store In the traditional web, user data is stored on centralized storage servers that have complete control over it. This control provides them elevated privileges that may be abused without the user’s knowledge or consent. By: Usman Fazil On: Aug 25, 2022 The state of decentralization in a centralized world Ever since the “blockchain, not bitcoin” narrative started floating around, there’s been an explosion of startups trying to fit the decidedly square peg of blockchain into every hole, regardless of the size or shape By: Yumna Ghazi On: Mar 11, 2022 Enterprise blockchain quorum privacy and permissioning Since one of the most well known and well tested use case of blockchain is payment systems, it’s no wonder financial institutions around the world are experimenting with it. While Ripple and Hyperledger are the ones more popular in this regard, another contender in the race of enterprise blockchain is Quorum. By: Yumna Ghazi On: Aug 25, 2022 Enterprise blockchain quorum privacy permissioning This article is a part of our series on enterprise blockchains, particularly focusing on Quorum. In the previous article, we presented a high-level view of Quorum and how it distinguishes itself from Ethereum, despite being forked from its source initially By: Yumna Ghazi On: Aug 25, 2022 Iot blockchain Every few years, the tech world drops a new word and it goes buzzing around the world. The hype goes wild, controversies grow, and endless arguments begin between the proponents and the critics. By: Aisha A. On: Aug 25, 2022 What are smart contracts? Contract is an agreement between people, everyone has a contract in his life with property dealer, with lawyer and many others. But these contracts are in the physical form and for the implication of these contract we need some entities like Police etc By: Hammad Ali On: Aug 25, 2022 IBC vs Cross-Chain Bridge: Which one you need? Blockchain technology is a decentralized and distributed ledger technology that allows for secure and transparent transactions and data storage. It was first introduced in 2008 as the underlying technology for the crypto currency Bitcoin, but has since found numerous applications beyond digital currencies.One of the key features of Blockchain is its immutability. This makes it an ideal technology for use cases where data integrity and transparency are critical. This makes it more resistant to hacking and other forms of attacks. Blockchain networks are maintained by a network of nodes that validate transactions and add them to the ledger. This ensures that the ledger is transparent and tamper-proof, as all nodes have a copy of the same ledger and can verify the transactions. By: On: A comprehensive guide on DeFi Development that outlines a step-by- step process for turning a DeFi concept to a minimum viable product Decentralized Finance (DeFi) is a rapidly emerging sector of finance and technology. It refers to a new financial system based on Blockchain technology that facilitates the development of open, transparent, and widely available financial apps and services. By: Rizmi On: Ethereum scalability layer2 plasma sidechain Since 2009 the blockchain has a huge impact on the market and make the people to realize the power of blockchain its potential By: Hammad Ali On: Aug 25, 2022 On chain kyc verification for crowdsales Know Your Customer (KYC) is a process to identify and verify the identity of investors. With the large number of ICOs being launched, regulatory authorities are pushing policies on ICOs to make them legitimate. By: Zaryab Khan On: Aug 25, 2022 Enterprise blockchain and intro to quorum blockchain- Since the blockchain is very secure, distributed and transparent platform. But these needs are varying from the public network to private network. The private networks need privacy, performance and permissioning. By: Hammad Ali On: Aug 25, 2022 Ipfs a distributed file store In the traditional web, user data is stored on centralized storage servers that have complete control over it. This control provides them elevated privileges that may be abused without the user’s knowledge or consent. By: Usman Fazil On: Aug 25, 2022 The state of decentralization in a centralized world Ever since the “blockchain, not bitcoin” narrative started floating around, there’s been an explosion of startups trying to fit the decidedly square peg of blockchain into every hole, regardless of the size or shape By: Yumna Ghazi On: Mar 11, 2022 Enterprise blockchain quorum privacy and permissioning Since one of the most well known and well tested use case of blockchain is payment systems, it’s no wonder financial institutions around the world are experimenting with it. While Ripple and Hyperledger are the ones more popular in this regard, another contender in the race of enterprise blockchain is Quorum. By: Yumna Ghazi On: Aug 25, 2022 Enterprise blockchain quorum privacy permissioning This article is a part of our series on enterprise blockchains, particularly focusing on Quorum. In the previous article, we presented a high-level view of Quorum and how it distinguishes itself from Ethereum, despite being forked from its source initially By: Yumna Ghazi On: Aug 25, 2022 Iot blockchain Every few years, the tech world drops a new word and it goes buzzing around the world. The hype goes wild, controversies grow, and endless arguments begin between the proponents and the critics. By: Aisha A. On: Aug 25, 2022 What are smart contracts? Contract is an agreement between people, everyone has a contract in his life with property dealer, with lawyer and many others. But these contracts are in the physical form and for the implication of these contract we need some entities like Police etc By: Hammad Ali On: Aug 25, 202

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