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With Blockchain’s real estate development, we are all quite accustomed to all the hidden perks of…

December 4, 2020 by Blockchain Consultants

How to Shift to Coding for Decentralized Systems?

With Blockchain’s real estate development, we are all quite accustomed to all the hidden perks of centralized systems. Decentralized systems, on the other hand, offer a whole new world of possibilities. If you are looking forward to shifting your coding for decentralized systems, there are several aspects to look for.

There is no involvement of any third-party, which certainly promotes transparency above anything else. Neither less to say, all the transactions can easily be seen through the user’s public domain. Having a clear understanding of the STO Development Services is very crucial.

We cannot precisely say how we entered the digital world, but there is no turning back. In fact, Real estate blockchain development offers a crypto exchange option if you have a real estate property that needs to be taken care of. The need for creating a secure and advanced platform is absolutely necessary for a decentralized digital ecosphere.

Blockchain is one of the trusted sources which is helping to build a financial system that depends on cryptocurrency. As we all are aware, the year 2020 has been one of the toughest years due to pandemic and followed by an economic crisis. Despite all the odds, Real estate blockchain development has bright future plans for its users. If we look into the global economy, then real estate plays a vital role. Not only for the fact that it generates trillions of dollars, but with time, there has been a downfall in terms of transactions. Cleary, the transparency between the different bodies maintaining the financial aspects has not shown positive progress. As a result, here are some of the benefits offered by Blockchain’s real estate development.

  • Allowing tokens for transactions in regards to assets concerning real estate.
  • With an automated process in the real estate area, the cost can be reduced to a certain extent.
  • The user can now access global assets and buy and sell it efficiently.
  • With the trans[arency in the data and as a user, when you can get your hand on the information, it further helps you to make better financial decisions and look for a profitable portfolio.

To simplify it, these tokens are assets that can be compared to bonds, share stock, warrants, and lastly, bonds. The Security Token Offering Development team is entirely responsible for guiding the investor and increasing the chances for earning profit.

STO stands for Security Token Offering, which is a term used for digital or cryptographic exchange. To deep dive into the topic further, STO Development Services carefully helps to secure the token, and the technical team can create a dashboard for better understanding the fund and investors’ interest. The need for STO services ensures the digital transaction is safe, and one can continue with the trading.

Here are a few examples of how Blockchain’s real estate development transformed the real estate industry.

One needs to keep in mind as they enter the real estate market guidance from an experienced person, in-depth knowledge, and lastly, executing the idea with help from professionals from the real estate field.

  1. Managing Assets and real estate funds.
  2. Financing projects in real-time.
  3. Accounting details being shared in real-time.
  4. Guide to investors before investing in any particular project.
  5. Last but not least, managing the property.
  6. Planning of the real estate only after consultation with the group of people designing urban societies.

Whenever there is an urban community, the initial work of real estate development starts with help from people staying in such a community. Often those individuals feel dejected for not partaking in the planning procedure. But with the help from the blockchains planning program, it can educate the people. In return, they can earn incentives with active participation with a few educational resources. This ensures that the community of people is happy, thereby improving confidence in the public. As well, it helps the community to thrive together on prosperity by achieving sustainable success.

Lastly, one needs to educate oneself before entering the cryptocurrency territory. Blockchain is one of the leading bitcoin explorer services. Since this is a comparatively new area, people need to gather as much knowledge as they can before doing it right. Hence the need for various teams to make sure the investment bears fruit with passing the time; one such important part is the STO Development Services and STO Solutions, which will help you make better decisions with your investments.

With Blockchain’s real estate development, we are all quite accustomed to all the hidden perks of…

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What is Blockchain Technology, and How Does It Work?

October 23, 2020 by Blockchain Consultants

Are you a Blockchain enthusiast? Want to gain in-depth knowledge about it? This guide will help you in understanding what this technology is all about its benefits and how it works. 

So let’s get started. 

Table of Contents

  • Blockchain: In Most Simple Words 
  • Bitcoin and Blockchain: How They are Related?
  • Working Mechanism of Blockchain
  • Benefits of using Blockchain Technology
  • Concluding Lines: How to Learn Blockchain?

Blockchain: In Most Simple Words 

Blockchain is a peer-to-peer decentralized distributed ledger technology that makes the records of any digital asset transparent and unchangeable and works without involving any third-party intermediary. It is an emerging and revolutionary technology that is attracting a lot of public attention due to its capability to reduce risks and frauds in a scalable manner. 

Now here comes the question why is Blockchain a distributed, decentralized P2P network? A decentralized network offers multiple benefits over the traditional centralized network, including increased system reliability and privacy. Moreover, such networks are much easier to scale and deal with no real single point of failure. The reason why Blockchain is distributed is because of shared communication and distributed processing.

The P2P architecture of Blockchains provides several benefits such as greater security compared to traditional client-server based networks. A distributed P2P network, paired with a majority consensus requirement, provides Blockchains a relatively high degree of resistance to malicious activities. 

Looking for the best Blockchain Certifications? You are just a click away!

Bitcoin and Blockchain: How They are Related?

Although the advent of Blockchain has taken the world by storm, many people still get confused about these two terms. Thus, it is important to understand how these terms differ and how they are interrelated.

Bitcoin is a cryptocurrency, which is an application of Blockchain, whereas Blockchain is simply an underlying technology behind Bitcoin that is implemented through various channels. So if you are working on Blockchain and learning Blockchain, then you are not actually learning cryptocurrency but learning how cryptocurrency works. 

Working Mechanism of Blockchain

Blockchain can be defined as a shared ledger, allowing thousands of connected computers or servers to maintain a single, secured, and immutable ledger. Blockchain can perform user transactions without involving any third-party intermediaries. In order to perform transactions, all one needs is to have its wallet. A Blockchain wallet is nothing but a program that allows one to spend cryptocurrencies like BTC, ETH, etc. Such wallets are secured by cryptographic methods(public and private keys) so that one can manage and have full control over his transactions. 

Now, this is how Blockchain works. Initially, when a user creates a transaction over a Blockchain network, a block will be created, representing that transaction is created. Once a block is created, the requested transaction is broadcasted over the peer-to-peer network, consisting of computers, known as nodes, which then validate the transaction. 

A verified transaction can involve cryptocurrency, contracts, records, or any other valuable information.

Once a transaction is verified, it is combined with other blocks to create a new block of data for the ledger. 

 Here it is important to note that with each new transaction, a secured block is created, which are secured and bound to each other using cryptographic principles. Whenever a new block is created, it is added to the existing Blockchain network confirming that it is secured and immutable.

Benefits of using Blockchain Technology

We have learned a lot about Blockchain technology. Now let’s explore what its benefits are.

Immutability

In a traditional database, you have to trust a system administrator that he is not going to change the data. But with Blockchain, there is no possibility of changing the data or altering the data; the data present inside the Blockchain is permanent; one cannot delete or undo it. 

Transparency

Centralized systems are not transparent, whereas Blockchain (a decentralized system) offers complete transparency. By utilizing blockchain technology, organizations and enterprises can go for a complete decentralized network where there is no need for any centralized authority, thus improving the transparency of the entire system.

High Availability 

Unlike centralized systems, Blockchain is a decentralized system of P2P network which is highly available due to its decentralized nature. Since in the Blockchain network, everyone is on a P2P network, and everyone has a computer running, therefore, even if one peer goes down, the other peers still work.

High Security 

This is another major benefit that Blockchain offers. Technology is assumed to offer high security as all the transactions of Blockchain are cryptographically secure and provide integrity. Thus instead of relying on third-party, you need to put your trust in cryptographic algorithms. 

Concluding Lines: How to Learn Blockchain?

Learning Blockchain is easy now, all thanks to reputed online courses and training sessions. Blockchain Council is one such organization that offers online training and certification programs to aspiring trainees to render them desired competencies so that they have a successful career in the Blockchain space. Keeping the rising demands of blockchain professionals in mind, Blockchain Council certifications are diversified to meet each aspirant’s discrete needs. Right from understanding what Blockchain is, the certification covers a variety of basic and advanced level topics.

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council.  

What is Blockchain Technology, and How Does It Work?

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SUCCESS STORY: Dr. Udoh

October 19, 2020 by Blockchain Consultants

“The curated certification programs including Certified Bitcoin Expert certification, Certified Ethereum Expert certification etc. have helped me in understanding the fundamentals of Blockchains. The acquired training enabled me to start a new business” says Dr. Emmanuel Udoh, who successfully completed his certification courses from Blockchain Council.

Dr. Udoh works as a professor at University of Cumberlands, Williamsburg, US. He is a seasoned academician with 21 years of teaching experience in computer science and information technology. Not only has he served as an educator in the fields of computer technologies, he has also worked in the Geology and Earth Sciences domain. 

Dr. Udoh

The expanse of his knowledge and experience is impressive, he is currently researching database, cloud, bitcoin, Blockchain technology and high performance cryptocurrency, specifically smart contracts and DApps. His research interests took him to enroll with Blockchain Council for choosing the best of certification programs available in various Blockchain domains. 

Since he is actively involved in researching cryptocurrency and Blockchain technology, he made a methodical choice in enrolling for a total of 13 certifications. From Blockchain and Cryptocurrency Expert certifications, to Ethereum Expert certification, he successfully completed the Blockchain Specialization Certification programs with the team of experts at Blockchain Council.

When asked about his takeaways from the online training, he stated that the certifications provided focused understanding of the emerging technology. He also mentioned how the detailed modules of the training in Blockchain technology helped him in overcoming the challenges of starting a new business.

Dr. Udoh is also the author of nine books and numerous peer-reviewed articles in IT. He now plans to move forward with his acquired knowledge through the certification training along with his current research, and soon establish a new business.

In his words, “the certifications eased the challenges of starting a new business and the gained skills from the Blockchain Council certifications has given confidence to go ahead with a new business.”

SUCCESS STORY: Dr. Udoh

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Filed Under: blockchain technology Tagged With: articles, author, Bitcoin, blockchain, blockchain council, blockchains, Books, Business, cloud, computer science, cryptocurrency, domains, ethereum, Go, information, Information technology, science, smart contracts, Success Stories, Technology, us

Dock’s Capabilities and its Mainnet Launch: A Quick Guide

October 16, 2020 by Blockchain Consultants

In this article, we will talk about Dock and its capabilities, focusing on its mainnet launch. Curious? So let’s get started!

Table of Contents

  • What is Dock?
  • How can Dock be Utilized?
  • Dock’s Mainnet Launch 
  • Concluding Lines 

What is Dock?

Dock is a remote company with a globally dispersed team that aims at creating a better future world driven by safe, independently owned verifiable credentials by leveraging distributed ledger technology, blockchain. It provides a wide range of tools that enables Blockchain developers, organizations, and businesses to create verifiable credentials. It can also be defined as a one-stop-shop solution for creating decentralized identities and helps in creating and managing credentials.

The majority of organizations currently depend on centralized structures that are easy to construct. This particular verifiable platform was founded in 2017 to enable every entity to create verifiable credentials on a decentralized network that are secured cryptographically.

Want to know all the ins and outs of Blockchain Technology and become a Certified Blockchain Developer? Wait no more! Get enrolled in Blockchain Council now!

How can Dock be Utilized?

Before understanding how Dock can be implemented across various domains, let’s explore the unique features it offers. 

Interoperability: This platform offers interoperability and hence works seamlessly across numerous platforms. It incorporates standards from the World Wide Web Consortium (W3C) and VCDM to ensure interoperability across many platforms and applications.

Tamper-Proof: Dock use of cryptography for encryption and digital signatures, which ensures that data stored on the blockchain is clear, tamper-proof, and cannot be changed.

Simplicity: Dock is known for its simplicity as it offers a flawless solution to build, manage, and present credentials.

Let’s now talk about the various use cases of this platform. 

Supply Chain 

Dock networks can prove to be beneficial for all businesses and government authorities for ensuring a legal and compliant supply chain management in terms of genuine products and safe deliveries. Not only this, it helps in leading to significant savings in administrative costs and improved profitability. The Dock Network can reconstruct the entire process of the supply chain by providing cryptographically verifiable credentials that are impossible to imitate.

Healthcare

Verifiable with Dock has built an ecosystem that allows issuers to build digital verifiable credentials and a mobile app for real-time storage, sharing, and immediate verification by individuals. Initially, to develop their credentialing solution, Verifiable began working with existing standard Blockcerts coupled with the Ethereum blockchain. But later, it collaborated with Dock, which provides a simplified toolkit, advanced functionality, and even greater scalability and fee control. Verifiable with Dock aims at streamlining the healthcare credential verification and monitoring process.

Workforce 

We all know the hiring process is cumbersome. Dock network can streamline the entire hiring mechanism by providing cryptographically verifiable credentials, thus easing the task for one and all. It allows employers, organizations, etc. to have DIDs on the blockchain network and revoke credentials that reflect the candidates’ skills. Such credentials can then be verified quickly and accurately, unlike manual processes that are time-consuming and not tamper-resistant. Moreover, by utilizing Dock network, we can expect that end results will lead to enormous savings in administrative costs and, most importantly, increased trust in the talent pool due to variable credentials. 

Dock’s Mainnet Launch 

The Dock is an open-source, decentralized network for issuing verifiable credentials such as identity documents, licenses, educational degrees & training certificates, diplomas, etc. With underlying technology, blockchain technology, it enables Blockchain developers to build groundbreaking applications. 

Dock, which seeks to solve the complicated issues that the credential industry faces, has announced the launch of its blockchain mainnet. Built explicitly for verifiable credentials, the mainnet will enable issuers to create their own DIDs to authenticate their credentials. Moreover, it also enables recipients to control and retain ownership of their credentials as well. This network seeks to ensure that transaction costs are minimal by providing a special-purpose blockchain, and there is no effect from unrelated operations, unlike many public blockchains. 

The launch of Dock’s mainnet represents the achievement of another critical milestone in the roadmap of the company. In the upcoming months, the team plans to begin a token migration from its current ERC20 token system to a native token running on the new Dock Mainnet. Moreover, the network will integrate decentralized network governance and will also enable the Dock network to be self-sustaining.

Concluding Lines

Data faces various problems of inefficiencies, incompatibilities, and inaccuracies. By leveraging Dock’s blockchain technology, organizations and institutions can issue digital credentials that are cryptographically secure and verifiable globally. In order to promote its mass adoption, Dock incorporates credentialing standards from the World Wide Web Consortium (W3C), which ensures that data is captured in such a way that it is optimized for securing and sharing the data across the internet. As the Dock team has been working swiftly, the team has also established the Dock Association to oversee the entire network’s development and promotion. 

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council.  

Dock’s Capabilities and its Mainnet Launch: A Quick Guide

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Are You a Blockchain Enthusiast? Best Online Training, Certification, and Degrees to Consider

October 9, 2020 by Blockchain Consultants

Are you a Blockchain enthusiast or a crypto admirer? Want to start your journey in this space but wondering how? Alright, you have landed at the right page. This article will guide you with the most demanding certifications and degrees to opt for.

Excited? So let’s get started!  

Table of Contents

  • Blockchain’s Scope is Booming 
  • Best Training, Certifications, and Degrees to Consider
  • Conclusion- Is it Worth Becoming a Blockchain Professional

Blockchain’s Scope is Booming 

Blockchain is one of the most innovative technologies at present, and few experts believe that it is the biggest innovation on the internet. Right from governance to stock trading, from the supply chain to healthcare, technology is destined to make sustained interventions in almost all facets of lives and transform them for the better. 

As technology shows no sign of slowing down, there is a huge demand for Blockchain Professionals.

Best Training, Certifications, and Degrees to Consider

As the demand for Blockchain professionals is soaring, therefore we will now enlist the most in demanding certifications and degrees in this space.

At present, the urge for Blockchain skills is growing at the fastest rate compared to other IT skill sets, and therefore every Blockchain lover must need the proven benefits of skills certification. 

Backed by the extensive practical-based sessions, Blockchain Council offers Online training and certifications to aspiring trainees to render the desired competence to have a successful career in the Blockchain domain. Blockchain Council, a globally-recognized platform, offers the most sought-after certifications of Bitcoin, Ethereum, Hyperledger, and other related technologies to beginners and professionals. 

Here is a list of top certifications and degrees for all Blockchain admirers.

Blockchain Developer 

A Blockchain Developer is one who understands this technology profoundly and can build Blockchain-based applications for businesses. He/she specialize in creating and implementing technical solutions for organizations with  this technology. 

The certification program helps individuals grasp the in-depth understanding of smart contracts functionalities, learn solidity language & multiple technology-based developments, and provides thorough knowledge of all the different types of Blockchain technologies like Bitcoin, Ethereum, Hyperledger, Corda, etc.

Blockchain Expert 

Certified Blockchain Expert is a comprehensive course covering the functional aspects of technology and educates how to use and implement this technology across various industries. It introduces public and private Blockchains, mining, its architecture, and educates setting up your own Blockchain solution and covers other relevant topics. 

At present, there is an ascending demand for Blockchain Experts in every organization and growing with each day; thus, getting certified will help you take your career to newer heights. 

Blockchain Architect

Certified Blockchain Architect is another certificate that is gaining a lot of public attention. 

A Blockchain Architect offers end-to-end solutions to its customers using this particular technology and helps develop an overall Blockchain ecosystem engagement strategy. He grasps influence over the entire design lifecycle, parallel to the project’s software development lifecycle and capable of making radical essential choices in terms of implementation, operations, and maintenance that establish a clear path for a system.

The Certified Blockchain Architect program, offered by Blockchain Council will help you master the concepts of Blockchain architecture tools, business components of its architecture, technical elements of its architecture, how to translate requirements into functions, architecting your own Blockchain solutions, etc.

Online Degree in Blockchain 

Online Degree in Blockchain is designed to equip you with a profound knowledge of Blockchain technology. The course will cover all Blockchain fundamentals, including mining, types of consensus mechanisms such as PoW, PoS, DPoS, PBFT, etc., focussing on numerous use cases across various domains like healthcare, finance, supply chain, digital marketing, cybersecurity, and others. 

The degree will also help in imparting technical aspects such as how to create a Blockchain on any cloud service such as Amazon AWS & others and how to connect to a Multichain Blockchain and much more. You will also get an in-depth understanding of the most popular Blockchain-related technologies like Ethereum, Hyperledger, Stellar, and their working mechanism.

Online Degree in Blockchain for Business

This technology is recently gaining an immense reputation for its industry-disrupting capabilities. As a technology that simplifies complex business processes, a Blockchain is a must-know tool in today’s context. Online Degree- Blockchain for Business will provide you with the essential skills to leverage Blockchain for increasing business potential.

The online degree will educate aspirants about its fundamentals and its use-cases in digital marketing, human resource, law, supply chain, etc. It imparts a profound knowledge of consensus algorithms and a detailed overview of smart contracts and its underlying architecture. The degree will allow candidates to develop in-depth knowledge of Blockchain technology and will be able to use this revolutionary technology to structure business processes for enterprises.

Conclusion- Is it Worth Becoming a Blockchain Professional?

In the world of technology, Blockchain is the next big thing that has the potential to revolutionize the entire globe. At present, the salaries of such professionals are going off the charts. According to Glassdoor, the average Blockchain Architect salary ranges from $146,258 to $157,987, and that of a Blockchain Developer ranges from $150,000 to $175,000 per year, according to Hired.com.

Compared to other IT professionals, these professionals are high in demand due to the fact that there is a limited talent pool. Moreover, Gartner’s new business value forecast methodology predicts that Blockchain’s business value will grow more than $176 billion by 2025, and then by 2030, it will exceed $3.1 trillion. The above-mentioned facts indicate that Blockchain is the future of tech.

Getting enrolled in Blockchain Council will provide you competitive advantages over others. 

To get instant updates about Blockchain Technology and to learn more about online blockchain certifications, check out Blockchain Council.

 

Are You a Blockchain Enthusiast? Best Online Training, Certification, and Degrees to Consider

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Ethereum Blockchain Hits New Momentum: ERC-20 and its Market Capitalization

October 7, 2020 by Blockchain Consultants

Wondering what are ERC-20 tokens? What are the benefits of using such tokens? How is the market capitalization of these tokens gaining momentum? What about the market cap of Ethereum itself? Well, this article has got you covered. 

So let’s get started!

Table of Contents

  • What is ERC-20?
  • Benefits of Using ERC-20 Tokens 
  • Market Capitalization: ERC-20 Vs. Ethereum
  • Concluding Lines 

What is ERC-20?

One of the popular Cryptocurrency and Blockchain, Ethereum, is based on the concept of tokens, which can be bought, sold, or traded. It is a standard which monitors the creation of Token based on Ethereum Blockchain. These tokens have similar functionality to other coins developed on different Blockchain such as Bitcoin, Ether, and Bitcoin Cash.ERC-20 stands for Ethereum Request for Comments and 20 denotes proposal identifier.

ERC-20 acts as a technical standard, as most of the  tokens follow this standard for the development of tokens using smart contracts. In comparison to other cryptocurrencies, ERC20 tokens are hosted on the Ethereum blockchain and are stored and sent using ethereum addresses, whereas other cryptocurrencies like Bitcoin and Bitcoin Cash are the native currencies of their respective blockchains.

In most simple words, ERC-20 is a protocol for introducing enhancements to the Ethereum network.

Want to gain an in-depth understanding of Ethereum Blockchain and become a Certified Ethereum Expert? You are just a click away!

Benefits of Using ERC-20 Tokens 

The ERC-20 token helps developers of all kinds to reliably predict how new tokens in the wider Ethereum framework will operate. This simplifies the task set out for developers; they can continue knowing that any new project will not have to be redone each time a new token is issued, as long as the Token follows the rules.

ERC20 regulations define a well-defined blueprint for developers to learn. Thus, instead of working from scratch, it becomes convenient for developers to come up with tokens.

There are various digital currencies that are issued as an ERC-20 token. All you need is a wallet that is compatible with these tokens. Since such tokens are well-recognized, there are several options for wallets as well. There are a number of popular digital currencies that use the ERC-20 standard, such as Maker, Basic Attention Token, Augur, etc.  

The liquidity of these ERC20 tokens is an essential factor for the overall valuation of the Ethereum network. If the projects on top of Ethereum Blockchain are active and interact with each other, more projects and users can constantly use the network of Ethereum.

Want to investigate more about Ethereum? Check out Ethereum Certifications now!

Market Capitalization: ERC-20 Vs. Ethereum

According to the latest news, Ethereum’s economy hits new milestones in transfer value and ERC-20 market cap as compared to Ethereum. 

A platform Santiment that helps in exploring behavioral analytics for the crypto market found that the market cap for all ERC-20 based tokens has flipped even that of Ethereum Blockchain itself. In September 2020, the Ethereum Foundation announced that teams working on the Ethereum blockchain would be awarded over $3.8 million in grants.

As of September 11, 2020, the total market cap for all current ERC-20 assets was $46.7 billion, whereas that for Ethereum was just over $41 billion.

Santiment platform mentioned that since Black Thursday, the ERC-20 market capitalization had flipped the Ethereum itself. ERC-20 tokens after first crossing in mid-march again showed the rise on September 3. It was reported that “this is the highest market cap differential of ERC-20 coins over $ETH.”

According to the Tether Transparency Survey, Tether estimates for a notable share of the ERC-20 capitalization, with around $8.9 billion, or 60% of the entire USDT supply, currently on the Ethereum Blockchain network.

CoinMetrics analytics reported that the 7-day average adjusted transfer value of ETH hit $3.08B on September 5, compared with $3.01B for BTC.

Concluding Lines

From the above discussion, it is clear that Ethereum’s economic metrics are strengthening in terms of the transfer value and ERC-20 market capitalization. The spike in the Ethereum ecosystem is because of several reasons. Yearn Finance’s yETH vault is one of the potential factors for passive earning opportunities for Ethereum holders. Please note that Yearn.finance is a yield aggregating platform built on Ethereum Blockchain that utilizes decentralized finance protocols such as Compound, Aave, and others for optimizing token lending. In addition to this, SushiSwap, a completely decentralized on-chain token exchange protocol, is responsible for increasing both the value of Ethereum transfer and its network fees.

Curious to learn more about blockchain technology? Sign up to Blockchain Council today and become a Certified Blockchain professional.

 To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council.

Ethereum Blockchain Hits New Momentum: ERC-20 and its Market Capitalization

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