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About this blog

What is blockchain technology, and how does it work? In this blog, we will explore the fundamentals of blockchain technology, its mechanics, and benefits.
 

Read here: What Is Blockchain Technology and How Does It Work

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Top 10 DeFi Lending Platforms In 2024

Decentralized finance (DeFi) has revolutionised the traditional financial landscape by introducing a distributed method of conducting financial transactions without relying on central financial intermediaries. According to Chainalysis, the total value locked in DeFi protocols surpassed $100 billion for the first time in 2023. Lending protocols play a crucial role in the DeFi market by enabling users to borrow and lend cryptocurrencies in a decentralized peer-to-peer manner without relying on ban
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Top 5 Use Case of Decentralized Finance

DeFi or also acknowledged as Decentralized Finance, is emerging as an innovative technology that is disrupting the traditional financial system. By leveraging blockchain technology and smart contracts, DeFi enables financial applications without centralized intermediaries. This has the potential to make financial services more inclusive, affordable, and accessible to everyone globally. DeFi is still in its early growth stage but is growing rapidly. It offers a permissionless platform to cre
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7 Best DeFi Aggregators in 2024

Decentralized finance, or DeFi, has rapidly grown over the past years by providing innovative financial tools and solutions to users. Defi aggregators play a very important role in the DeFi ecosystem by allowing users to access several DeFi protocols from a single platform. Here in this post, we are going to elaborate on what Defi aggregators are and why they are necessary for users and list down the 7 best Defi aggregators to look out for in 2024. Let’s dive in. What is a DeFi aggregator? 
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How to Create Stablecoin: A Step-by-Step Guide

Hello, crypto enthusiast, If you've ever wondered what stablecoins are and how to create your stablecoin, you've come to the correct place! As we all know, since the introduction of Bitcoin and later Ethereum, cryptocurrency has dominated the world. People view cryptocurrencies as investments due to their volatility. Thus, finding a solution to crypto volatility became necessary, leading to the creation of stablecoins—a type of token that combines the stability of fiat currency with the fin
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Blockchain Technology in Defence Sector

In 2023, global defense spent around $2 trillion, with the majority of the amount dedicated to securing and managing sensitive data and communication channels. This huge amount of spending underscores the need for new technology that can help increase security and efficiency in the defense sector. Blockchain technology has evolved over the past few years, offering a promising solution with top-notch safety, making it a viable option for the defense sector. Implementing blockchain in the def
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Top 5 Real-World Web3 Use Cases in 2024

Web3 is emerging as the next iteration of the World Wide Web with the promise of decentralization at its core. As we progress towards 2024 and beyond, Web3 use cases are expected to revolutionize different industries by empowering users and enabling trustless interactions. This article explores the top 5 use cases of Web3 in detail that have the potential to disrupt the status quo. What is Web3? Web3, sometimes known as the third generation of the internet, denotes an evolution from the t
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How to Make an NFT - Beginners Guide

Are you planning to invest in the development of an NFT? You are certainly on the right page. We are here to help you out with every single step that can make it easy for you to get the job done right on the first attempt. With people paying millions of dollars to own unique digital assets like artwork and avatars, NFTs are increasingly gaining popularity. However, making your own NFT can seem like a complex process if you are a beginner. Here this post aims to simplify the process of
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7 Ways NFT Will Change the World in 2024

In recent years, non-fungible tokens (or NFTs) have become a global phenomenon. NFTs went one step further than Bitcoin in introducing scarcity to digital assets. Diverse industries, from digital art to real estate, are exploring new ways of using this emerging technology. This article examines seven major industries poised to be significantly disrupted by NFTs. Read more use cases here: 7 Ways NFT Will Change the World in 2024
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7 Top NFTs Marketplaces in 2024

The non-fungible token, also known as the NFT market, has seen a massive increase in the last year. NFTs allow people to claim ownership over digital items such as digital art, videos, or collectables. With the rise of popularity, a variety of NFT marketplaces have emerged to become the leading NFT marketplace. This article outlines the top 7 NFT marketplaces for 2024 based on their user base in addition to the trading volume and the features they offer. How Do NFT Marketplaces Work? NFT
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Top Blockchain Development Companies of 2024

Blockchain technology has seen widespread adoption across many industries over the past few years. With growing demand, many blockchain development companies have emerged to cater to the needs of businesses. However, finding the right blockchain partner can be challenging. This article discusses the criteria to identify the top blockchain development agencies based on their expertise, experience and client reviews. The goal is to help businesses select the best blockchain development company for
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How to Build Crypto Trading Bots

People all around the world have been wanting to trade bitcoin and other cryptocurrencies since the start of the cryptocurrency bubble in early 2017. The issue with any commodity in the global marketplace is that traders cannot remain on duty 24 hours a day, seven days a week. Even the most devoted trader does not choose to spend their entire life staring at cryptocurrency price charts. Because the market is so unpredictable, cryptocurrency trading is extremely addicting. While long-term in
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How to Create a DeFi Wallet in 7 Easy Steps

Decentralized finance, or DeFi, has been gaining tremendous popularity in recent times. DeFi allows peer-to-peer financial transactions without any centralized intermediaries. DeFi wallets act as gateways to access various DeFi applications and protocols. They help users interact directly with decentralized applications to avail of finance-related services like lending, borrowing, investing, etc., in a decentralized and permissionless manner.  In this article, we have covered what a DeFi wa
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Top 10 Real-World NFT Use Cases

Non-fungible tokens, short for NFTs, are slowly but surely gaining popularity in the DeFi space, especially in the gaming and collectibles genres. It is one of the latest areas of the crypto industry.  However, the true use cases of NFTs stretch way beyond just gaming or collectibles. In fact, developers are creating entire, comprehensive virtual worlds using NFTs. Looking at things, we can only say that we’re in very nascent stages of adoption, and there’s so much more to wait for! In real
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Top 7 Use Cases of AI in Blockchain

As we all know, artificial intelligence (AI) and blockchain technology are changing the world in the last few years. Both technologies have the power to change multiple industries with their use cases. As per Statista, the AI technology market has grown $200 billion in 2023 and is expected to grow $1.8 trillion by the end of the decade. When we combine the two technologies, it opens the door for new generation applications that can revolutionize the world.  As we all know, AI is machine lea
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AI and Blockchain in Healthcare Industry

Over the past few years, there has been a significant increase in technological advancement in the healthcare industry. This advancement has the potential to transform the management of medical services. AI and blockchain are two of the most transformative technologies in the past few years that are promising. When we apply AI and blockchain in the healthcare industry, they can effectively solve issues like data security, interoperability, and patient-centric care. AI and blockchain in heal
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Blockchain Technology in Banking - Use Cases & Benefits

Blockchain technology used to just be the technology behind currency like Bitcoin, but it has grown into a game-changing tool for many fields. This technology provides a decentralized, unchangeable ledger system that makes things more secure, more transparent, and more efficient, all of which are very important in the financial industry. While banks are dealing with problems like fraud, inefficiency, and the need for faster transactions, blockchain appears as a possible answer that could complet
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Top 7 Smart Contract Use Cases | Minddeft Technology

Smart contracts are contracts that are written in code and can execute themselves based on the terms of the agreement. They utilize blockchain technology to ensure transparency, security, and automation in various kinds of processes. With the increasing adoption of blockchain technology, smart contracts have become essential for streamlined operations and cutting down expenses in various industries. This blog delves into the smart contract use cases in different industries, showcasing their
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Top 7 Benefits of Blockchain Technology for Businesses

In today's modern age, businesses are always looking for new ways to improve their operations, improve security, and create a sense of trust. Blockchain technology, once associated solely with cryptocurrencies, has recently been recognized for its wide-ranging potential across various industries. Blockchain effectively deals with important business issues such as fraud, inefficiency, and cyber attacks by decentralizing data management while increasing transparency. This blog explores the im
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How to Create Cryptocurrency: Step-By-Step Guide

Today, cryptocurrencies have become a game-changer in our fast-paced digital economy, reshaping our understanding of money, transactions, and the very idea of value. Given the increasing acceptance of Bitcoin, Ethereum, and other cryptocurrencies, many individuals and businesses are now considering the possibility of developing their own digital currency. If you're an entrepreneur, developer, or business interested in exploring the potential of blockchain technology, learning how to create
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