Blockchain

What Is a Blockchain? A blockchain is a distributed database or ledger shared across a computer network's nodes. They are best known for their crucial role in cryptocurrency systems, maintaining a secure and decentralized record of transactions, but they are not limited to cryptocurrency uses. Blockchains can be used to make

Exchange-traded funds (ETFs) based on blockchain technology invest in stocks of businesses that use blockchain technology to run their operations or make money. Blockchain technology is most renowned for its ability to keep decentralized records of cryptocurrency transactions, but it may also be used in a wide range of other

It is estimated that since 2019, money laundering businesses have received an astounding $100 billion in transfers of monies from known criminal cryptocurrency wallets. This amount is just the beginning. Even though cryptocurrency has a lot of good applications, criminals follow money wherever it goes. Despite being public and traceable, illicit

Have you ever considered how financial organizations guarantee that risk-free and safe payments between parties are? The core of this process is Payment versus. Payment (PvP) systems, which guarantee that transactions are resolved just when both parties fulfill their responsibilities. But conventional PvP systems are sometimes beset by high costs, inefficiencies,

They form a chain connecting them all. Because the chain cannot be removed or altered without network approval, the data is constant across time. Thus, you may monitor orders, payments, accounts, and other transactions by creating an unchangeable or immutable ledger using blockchain technology. Unauthorized transaction inputs are prevented by

The core of cryptocurrencies is blockchain technology. It is an immutable, shared ledger that tracks asset balances over a network and makes transactions easier. A prevalent misperception holds that cryptocurrency and blockchain technology are interchangeable. In a Casper Labs poll of 603 corporate executives in the US, UK, and China, 53%

NFTs are based on blockchain technology. In actuality, blockchain—which debuted with Bitcoin in 2008—is solely responsible for the notoriety that non-fungible tokens now possess. Blockchain is a cutting-edge technology that has many applications now and will only become more important in the future. One important use of this technology is to

Are you pondering why blockchain is being spoken of in every technological innovation related to crypto, NFTs, or Metaverse of late? Since the emergence of Bitcoin, every technology aficionado has been attempting to investigate how blockchain can be deployed across various applications and enterprises. While this technology offers numerous benefits

Contrary to popular belief, privacy is not for those with something to hide but with everything to lose. Authoritarian governments across the globe are increasingly using surveillance to control their citizens at the expense of personal freedoms and civil liberties. The privacy of one’s financial transactions is intricately linked to

Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.  Editor’s Note Policy changes slowly. Crypto wants to move fast. Sometimes fairly, sometimes not, the crypto industry often portrays traditional financial regulators as calcified relics unprepared to deal with the coming new world.  To

Interest in cannabidiol-based products has been on the rise, as recent statistics show that the global cannabis market is expected to have reached $42.7 billion in the next four years. Yet as hemp-derived cannabidiol, or CBD, products gain popularity, federal agencies are proceeding with caution around regulatory measures for cannabis

The Colombian Ministry of Information Technology and Communications, or MinTIC, released a first-of-its-kind draft of a guide that calls for the public sector to adopt blockchain technology, including crypto payment-related matters. In the Guide for the use and implementation of Distributed Ledger Technology (DLT/Blockchain) in the public sector, MinTIC explains the