What Is The Ethereum Blockchain?

What Is The Ethereum Blockchain?

In addition to being used as a digital currency, Ethereum can also be used to process other types of financial transactions, execute smart contracts, and store data for third-party applications. Ethereum is an open platform … Read more

What Are Decentralized Apps (DApps)?

What Are Decentralized Apps (DApps)?

In a world where centralized control has been the norm for most applications and services, Decentralized Applications (DApps) are changing the paradigm. These applications run on decentralized networks, ensuring more transparency, security, and user control. … Read more

What Are Smart Contracts?

What Are Smart Contracts?

Smart contracts can be considered as a secure registration procedure, because its execution and coding effects (such as value transfer between parties) are strictly enforced, and transactions with specific contract details are entered into the … Read more

What Is Decentralized Finance (DeFi)?

What Is Decentralized Finance (DeFi)?

In the simplest form, decentralized finance is a concept in which financial products can be used on a public decentralized blockchain network, making it open to anyone, rather than through intermediaries such as banks or … Read more

What Is an NFT? 1

What Is an NFT?

NFTs are digitally unique today and no two NFTs are alike. Although one digital currency is the same as another (or “fungible”), each NFT is a one-time use with a certified owner, even though the … Read more