Blockchain and government may seem like an incompatible combination at first glance. However, together they can address key issues such as lack of digitalization and transparency, privacy concerns, inefficiencies, and many more. But how?
The world of blockchain is a landscape rich with diverse platforms and intriguing projects. However, with so many options, it can be challenging to discern which ones truly stand out.
Until recently, tech-savvies and crypto enthusiasts were watching the price of Bitcoin with bated breath and passionately discussing cryptocurrencies. Now NFTs, another blockchain-related phenomenon, have come to steal the show.
Decentralized exchanges (DEXs) are among the most promising blockchain use cases. They open up opportunities to securely buy and sell cryptocurrency without the user having to hand over assets to a third party.
Blockchain-as-a-service (BaaS) adds value to businesses by giving them a fast, easy way to spin off new blockchain networks and take advantage of cloud managed services. Microsoft’s Azure BaaS powered many decentralized applications and gave birth to promising blockchain startups. Now that it’s shutting down, a smooth migration is what’s on the mind of most dApp owners.
Although sacrificing a bit on decentralization, the Binance Smart Chain and its ecosystem offer a fruitful environment for DeFi apps. It opens up new opportunities for up-and-coming projects, triggering a whole new wave of crypto-asset exchange, investment, and fundraising. At the same time, it inspires innovative uses of blockchain such as NFTs.
From May 24th to 27th, CoinDesk hosted Consensus, a global conference for cryptocurrency and blockchain supporters. Tech-savvies and crypto enthusiasts gladly joined this virtual event to explore and discuss digital currency and blockchain technology evolution as well as its current trends.
We are all already familiar with the concepts of blockchain, Bitcoin, and cryptocurrencies, but recently a novel phenomenon has taken the world by storm. Meet NFTs – a new player in the sports arena and beyond.