In recent years, blockchain technology has gathered a lot of attention and is frequently linked to cryptocurrencies like Bitcoin. Beyond digital currency, Blockchain also has other uses and a key distinction in the blockchain community is between public and private blockchains. In order to make the significant differences between these two kinds of blockchains easier […]
Many people dismissed the Internet in its early years as a passing phenomenon that would be forgotten in a few years. According to Visa, blockchain technology is following a similar path and will eventually blossom and take over despite criticism and dismissal. The original use of blockchain technology was to serve as the foundational framework […]
Blockchain technology has transformed numerous industries and completely changed how we view established processes. A leading blockchain platform, Ethereum, has been at the forefront of this change. However, the Ethereum network has struggled with issues like interoperability and scalability. In this case, the Polygon Bridge was created as a critical solution. This article will highlight […]
The United Arab Emirates has adopted blockchain technology and introduced many solutions. For instance, banks utilize an open Know Your Customer platform and several similar organizations also use the UAE Trade Connect blockchain for trade financing. To create a national system for carbon credits utilizing blockchain technology, the Ministry of Climate Change and Environment has […]
As more and more crypto traders are using Bitcoin (BTC) as a margin in futures trading, it is unlikely that the largest cryptocurrency will ever lose its reputation as a volatile and unpredictable asset. Data monitored by Glassnode shows that since July, the portion of bitcoin futures open interest margined with bitcoin increased from about […]
Polygon has introduced a Chain Development Kit, which is open-source software. This kit can be used to create various layer 2 (L2) protocols in the Ethereum environment. It also relies on zero-knowledge proof (ZK-proof) technology, i.e., ZK-Powered Layer 2 Solutions, to ensure security and speedy confirmation of transactions. Empowering Developers: The ZK-Powered Layer 2 Solutions […]
Web 3.0 has welcomed a new era that is driving the rapid evolution of technology. In this era, the principles of decentralization and blockchain technology take center stage. However, this significant shift is not limited to technology alone; it also has a tremendous impact on the structure of the governing legal landscape. This legal framework, […]
Welcome to the Middle East’s future of innovation and digital transformation. We delve into blockchain technology today and the ground-breaking study being carried out at the Blockchain Research Institute. The Middle East is leading the way in embracing this technology as industries all over the world experience a digital revolution. At the Blockchain Research Institute, […]
Oman is making headlines in the Middle East with its recent foray into bitcoin mining. The country has established itself as a prominent player in the blockchain industry, with the launch of its brand new mining facility. With the goal of harnessing the power of the blockchain, Oman is looking to capitalize on the growing […]
The concept of the metaverse holds the potential to revolutionize our interactions and technological engagement. Nonetheless, as with any innovation, it carries its share of potential drawbacks, hazards, and crime in the metaverse. Privacy, security, and legal concerns are among the adverse aspects tied to the metaverse. An area of paramount concern within metaverse platforms […]
