Tag: blockchain technology

How To Carry Your Gold Money

Gold has almost always played a role in society. In fact, early traces of gold were found in ancient caves as gold flakes by archaeologists. The first civilization ever to be documented with gold use was Ancient Egypt, with evidence dating as far back as 3,000 B.C. Egyptians fancied gold, they mostly used it as a symbol of social status,…

Governments And Blockchain Technology

The first block of Bitcoin which was mined in early 2009 paved the way for the launch of the world’s first cryptocurrency. Since then, Bitcoin’s market cap has risen to over $137 billion and along the way managed to spur the growth of numerous other digital currencies. While Bitcoin and all the other altcoins have gained tremendous value as currencies,…

How Blockchain Technology Can Help The Government

Blockchain technology is probably one of the finest technologies to come out of the 21st century. Described by Satoshi Nakamoto in 2008, blockchain technology is simply a decentralized public ledger that runs on a P2P network. The ledger is updated regularly and can be used to record any kind of transactions. It came into prominence when it powered Bitcoin, the…

Growth And Use Of Digitized / Tokenized Assets

The last few decades have seen the world surge towards a fully digitized environment. Experts in all the industries ranging from financing, technology, and even healthcare are looking for ways to make their respective industries fully digital. The recent emergence of cryptocurrencies backed by blockchain technology has seen a new paradigm shift in the finance and investment sectors. The creation…

Recent Blockchain Developments

The Blockchain is the world’s leading software platform for digital assets. Originally developed as an accounting method for the virtual currency Bitcoin, blockchains – which use what’s known as Distributed Ledger Technology (DLT) – appear in a variety of commercial applications today. Currently, the technology is primarily used to verify transactions within digital currencies. However, it’s possible to digitize code…

Arai Ezzra Speaks At The World Blockchain Summit In Dubai, 2017

The World Blockchain Summit has recently taken place in Dubai, from October 24 – 25, 2017. The Dubai Mall, UAE, was the center for this prestigious event. The event was endorsed by Smart Dubai (a government agency), as well as by Smart Foundation. It was attended by Dubai government officials & representatives, as well as by blockchain experts from around…

Blockchains & You – How Might Blockchain Technology Affect Your Life Now & In The Near Future?

Introduction: Ever since Bitcoin’s advent of the blockchain to help prevent double-spending of digital currency tokens (mainly BTC) & Ethereum which took the concept to the next level, by allowing companies to build decentralized applications on their platform with Smart Contracts, blockchain technology has exploded into nearly every industry. A blockchain is simply a distributed public ledger, which takes a…

The People Of Blockchain: Arai Ezzra

At A Glance: Arai Ezzra is a Malaysian entrepreneur. His recent startups have included DinarDirham (a fintech startup offering gold-backed crypto assets) and Blockchains.my (an advanced digital wallet application). He is the Co-Founder and CTO of DinarDirham and the Founder of Blockchains.my. Arai has been appearing in several blockchain conferences around the world over the past year, representing these two…

The Future Of Blockchain Technology

Introduction: The chances are pretty low that if you’ve found this article, you don’t know what blockchain technology is, however there may be some who do not. A blockchain is essentially a distributed public ledger, a decentralized record of transactions/records. And they’ve enabled some pretty amazing things to happen. Blockchains are the backbone technology of cryptocurrencies such as Bitcoin, of…

Are Cryptocurrencies For Real? A Look Into How The World Is Viewing Digital Currencies

Most of us are familiar with what cryptocurrencies are. A cryptocurrency is a true digital currency, existent only in a digital format. This is made possible by cryptography and blockchain technology. A blockchain is a decentralized distributed public ledger of transactions – it helps to prevent double spending, and provides transparency. All of this, combined with a process called “mining”…