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What is a ‘fork’?

What is a ‘fork’?

In simple terms, a fork occurs when a change is made to a cryptocurrency’s underlying code that causes it to split into two versions. Forks occur most often when a new feature, update or protocol change is implemented (commonly known as a “planned fork”), or because...
What is a Smart Contract?

What is a Smart Contract?

Unlike a traditional contract, smart contracts help you exchange assets (money, property, shares, etc) or anything of value without the need of an intermediary, such as a notary or solicitor. Rather than existing on paper, a smart contract has its terms written into...
What are Ricardian Contracts?

What are Ricardian Contracts?

Invented in 1995 by one of the pioneers in the field of financial blockchain, Ian Grigg, Ricardian Contracts place the terms and conditions of a contract in a format that can be understood and executed by both software and humans. While machines read Ricardian...
Hybrid Blockchains and How They Can Be Used

Hybrid Blockchains and How They Can Be Used

There are three different types of blockchains- private, public, and hybrid. Among these three types, hybrid blockchains are considered to be the most effective by many in the industry. Even if you don’t know much about blockchain technology, the chances are that you...
Blockchain Technology Disrupting the Fintech Sector

Blockchain Technology Disrupting the Fintech Sector

If there is one sector set to experience the most disruption from blockchain technology, it is likely the Fintech sector. From security token ecosystems to blockchain-enabled wealth management SaaS (software as a service), the financial technology sector is changing...
Amazon Announces Amazon Managed Blockchain

Amazon Announces Amazon Managed Blockchain

Amazon has announced a new blockchain product — Amazon Managed Blockchain — as a fully managed service built on the Hyperledger Fabric and Ethereum open-source frameworks. A limited preview is currently available for Amazon Web Services (AWS) account...
The Swell Conference Hosted by Ripple

The Swell Conference Hosted by Ripple

The Swell Conference — a global payment industry meetup of policy, technology, and payment experts — is currently ongoing and is hosted by Ripple in San Francisco. The second conference after the inaugural Swell Conference in Toronto last year, Swell has...
Facebook Continues Push Into Blockchain

Facebook Continues Push Into Blockchain

Facebook has recently been making a push into the blockchain space with the formation of its blockchain unit headed by David Marcus — former Coinbase board member — in May. Recently, Facebook’s careers page posted a job opening for a Head of Business...
PwC Releases Global Blockchain Report

PwC Releases Global Blockchain Report

PricewaterhouseCoopers (PwC) — the major UK-based accounting and multinational professional networks company — recently released a revealing blockchain study on the heels of fellow “Big Four” accounting firm Deloitte’s blockchain survey. Titled “Blockchain...
Deloitte Releases Global Blockchain Report

Deloitte Releases Global Blockchain Report

Deloitte, the UK-based accounting, and professional services network giant, recently released their 2018 global blockchain survey report that contains some interesting insights into the technology’s current momentum in various industries. The report focuses on survey...
Great Resources for New Blockchain Developers

Great Resources for New Blockchain Developers

Understanding blockchain technology and its accompanying field of quickly evolving innovations can be a daunting task to try and tackle. A novel field of technology has only become increasingly more complex and nuanced with the rise in popularity of cryptocurrencies...
The Emergence of Blockchain in Malta

The Emergence of Blockchain in Malta

The Republic of Malta, the idyllic island in the middle of the Mediterranean known for its burgeoning tourism and financial services, has recently started to emerge as a primary leader in the blockchain industry. Notably, Malta’s parliament recently passed a series of...
Intersection of Blockchain and Art

Intersection of Blockchain and Art

Blockchain technology has the potential to disrupt a variety of industries. Still in its nascent stages, however, much of the promised potential of blockchain technology is still purely speculation or in its early development as a practical application. Interestingly,...

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