blockchain info | Blockchain Consultants

What algorithm is adopted to protect the security of Blockchain?

If you have been following cryptocurrency over the last decade, you must have heard the word “Blockchain”, the record-keeping methodology behind the Bitcoin network. Blockchain technology is basically a distributed database that keeps a continuous rising list of protected records from external emendation. Approximately 5% of the world population use this technology. But, is blockchain … Read More

A detailed history of blockchain: From the Establishment to Broad Adoption

Blockchain has gotten an ample amount of appreciation in the most recent couple of years, with the potential to come across as an extraordinary power to transform businesses. Blockchain technology is a computerized record of an action that is copied and conveyed across the whole organization of the blockchain platform through computer networks. Sounds confusing, … Read More

How Can Blockchain Reduce Cyber Risks?

If you are new to the concept of Blockchain and wondering what roles it plays in reducing and preventing cyber risks, this article has got you covered. Let’s delve deeper and get started. Table of Contents Overview Role of Blockchain in Combating Cyber Risks Concluding Lines Overview As technology is progressing, the vulnerability risks associated … Read More

Bank of America Considers Decentralized Finance as a Radical Change to Mainstream Capital Markets

According to the latest announcement, Bank of America considers decentralized finance (DeFi) potentially more disruptive than Bitcoin. Although Bitcoin is the most popular cryptocurrency, Bank of America believes that Ethereum Blockchain is more prominent and has more advanced features, such as flexibility in its hosting of DeFi, than the first-ever cryptocurrency, Bitcoin. DeFi refers to … Read More

Soon Anchor Will Launch Bank-Beating DeFi Savings Account

According to the latest announcement, Anchor, a two-token, algorithmic stablecoin, appears to be finally launching bank-beating DeFi savings accounts. Stablecoin that is appearing to be certainly nearing a go-live date, was initially slated for the month of October launch, but the team failed and postponed that launch to November. According to the proposal announced in … Read More

Decentralized Finance Lending Protocol’ Compound’ to Offer Cross-Chain Borrowing Via Gateway

According to the latest announcement, the well-known decentralized finance lending protocol ‘Compound’ will offer cross-chain borrowing through a protocol named Gateway. The report describes the new Gateway chain as a cross-chain interest rate market that allows users to borrow assets native to one chain with collateral from another chain. Initially, in December, Compound Finance originally … Read More

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