Archive - Blockchain Guide for Everyone

What is ICP Blockchain? A Brief Introduction (9/8/2024) - ICP, short for Internet Computer Protocol, represents the third generation of blockchain technology, poised to revolutionize the Internet and accelerate the adoption of Web 3. Developed by the DFINITY Foundation… … Continue reading "What is ICP Blockchain? A Brief Introduction"
Spend Crypto Like Fiat: Introducing RedotPay (7/15/2024) - Introducing RedotPay: Revolutionizing Crypto Payments In a world where digital currencies are becoming mainstream, RedotPay stands at the forefront, transforming how we handle our crypto assets. RedotPay bridges the gap… … Continue reading "Spend Crypto Like Fiat: Introducing RedotPay"
Driving Financial Inclusion with Blockchain (8/7/2023) - According to the World Bank, financial inclusion refers to the provision of accessible and affordable financial products and services that cater to the needs of individuals and businesses. This encompasses… … Continue reading "Driving Financial Inclusion with Blockchain"
What is Web3? (10/3/2022) - Web3 and metaverse have been two buzzwords for the year 2022, but according to the World Economic Forum, Web 3 is essentially a synonym for the metaverse. Therefore, I wish… … Continue reading "What is Web3?"
DAO Explained (7/20/2022) - If 2020 was the hottest trend for DeFi and 2021 NFT outshone DeFi, the blockchain industry in 2022 will be spearheaded by Metaverse, Web 3.0 and Decentralized Autonomous Organization (DAO)… … Continue reading "DAO Explained"
Metaverse in Agriculture- A Case Study on Durian Orchard (4/18/2022) - Metaverse is the newest buzzword not only in the gaming space but has proliferated into other industries. Large organizations are investing crazy amount of money into metaverse to create new… … Continue reading "Metaverse in Agriculture- A Case Study on Durian Orchard"
Metaverse (11/4/2021) - When you woke up in the morning on 29th Oct 2021, you must be surprised to notice that Facebook has changed its logo into an infinite loop ∞, and its… … Continue reading "Metaverse"
What is NFT? (7/19/2021) - If you have been following the crypto trends in the past one or two years, you will know that Decentralized Finance has grown exponentially in 2020 where many DeFi platforms… … Continue reading "What is NFT?"
Real Estate Tokenization (5/28/2021) - Real estate has always been considered a safe investment compared to the stock market. However, it is also more expensive and illiquid. Though real estate is the largest asset class… … Continue reading "Real Estate Tokenization"
Automatic Market Maker (3/26/2021) - Automatic market maker(AMM) is one of the key components of the decentralized exchange(DEX) platform. Traditional exchanges and centralized digital exchanges rely on the order book to facilitate trading between buyers… … Continue reading "Automatic Market Maker"
DeFi Products (2/14/2021) - In this article, I shall discuss the types of DeFi products and services available in the crypto markets. Popular DeFi products include decentralized exchanges, loan and savings markets, tokenized physical assets such… … Continue reading "DeFi Products"
DeFi and Yield Farming Explained (10/9/2020) - DeFi and Yield Farming have been the most popular buzzwords among the crypto community in recent months. Some DeFi tokens can skyrocket to more than 10K USD in just a… … Continue reading "DeFi and Yield Farming Explained"
Blockchain-Based Cross-Border Money Transfer- A Thorough Examination of Various Architectures and Use Cases. (9/9/2020) - Introduction Cross-border money transfer is a huge market. According to World Bank statistics, the scale of global cross-border payments has grown at an average annual rate of 5%. Global remittances… … Continue reading "Blockchain-Based Cross-Border Money Transfer- A Thorough Examination of Various Architectures and Use Cases."
Blockchain-powered Smart Supply Chain Management -Auto Parts Business case study (4/20/2020) - The automotive supply chain is a highly complex and broad ecosystem with participants ranging from parts suppliers, manufacturers, sellers to aftermarket suppliers. All parts come with certain life expectancy, specific… … Continue reading "Blockchain-powered Smart Supply Chain Management -Auto Parts Business case study"
Security Token Offering (4/19/2020) - Recently, Security Token Offering (STO) has emerged as a new option in fundraising in the blockchain/crypto space after ICOs have been banned or heavily regulated in many countries. ICO projects… … Continue reading "Security Token Offering"
Fighting COVID-19 with Blockchain (4/2/2020) - COVID-19 outbreak has become a global pandemic in recent months. The epicenter of the outbreak has moved from China to Europe and then the US. It has sickened hundreds of… … Continue reading "Fighting COVID-19 with Blockchain"
What is DeFi? (3/17/2020) - DeFi stands for decentralized finance, which means operating financial applications on a decentralized platform such as blockchain. It is the new financial architecture that leverages decentralized networks and decentralized technologies… … Continue reading "What is DeFi?"
Crypto Fund Management (11/17/2019) - Cryptocurrency is a new asset class derived from nascent blockchain technology. Its phenomenal growth in recent years has attracted many investors who used to invest in traditional financial products to… … Continue reading "Crypto Fund Management"
Blockchain-based Event Management and Ticketing Platform (11/8/2019) - The event management and ticketing industry is a huge market, particularly the event management software market. Markets Insider reported that the Event Management Software Market is projected to grow from… … Continue reading "Blockchain-based Event Management and Ticketing Platform"
Event Management and Ticketing Platform (11/7/2019) - The event management and ticketing industry is a huge market, particularly the event management software market. Markets Insider reported that the Event Management Software Market is projected to grow from… … Continue reading "Event Management and Ticketing Platform"
Developing a DAPP – KittyChain Shop (10/30/2019) - What is DApp? DApp is an abbreviation for decentralized application. A DApp has its backend code running on a decentralized peer-to-peer network. Contrast this with an app where the backend… … Continue reading "Developing a DAPP – KittyChain Shop"
Blockchain-Based P2P Lending – The Qidax Model (10/26/2019) - Traditional P2P lending models are facing many issues. For example, the cost of onboarding customers remains high, so investors are wary of this kind of investment model. Besides that, this… … Continue reading "Blockchain-Based P2P Lending – The Qidax Model"
Initial Exchange Offering(IEO) Explained (10/22/2019) - After the craze of ICOs subsided, two new crypto crowdfunding methods emerged, namely the Security Token Offering (STO) and the Initial Exchange Offering (IEO). Among the two, IEO is more… … Continue reading "Initial Exchange Offering(IEO) Explained"
Building Blockchain for Business (5/9/2019) - Blockchain is the underlying technology for Bitcoin, Ethereum, and other cryptocurrencies. However, cryptocurrency is far from the only application of blockchain for businesses. One of the most popular business applications… … Continue reading "Building Blockchain for Business"
Developing an Ethereum Cryptocurrency on Windows (4/9/2019) - You can develop your very own cryptocurrency using your laptop that runs Windows operating system. This article a step by step guide for newbies to easily developing and deploying a… … Continue reading "Developing an Ethereum Cryptocurrency on Windows"
Storing Data on Blockchain (2/5/2019) - Though we are experiencing crypto winter at the moment, with major coins devalued more than 80% in 2018, the underlying blockchain technology is still exciting. The blockchain provides a democratized… … Continue reading "Storing Data on Blockchain"
Building the blockchain using JavaScript (2/3/2019) - The blockchain is a data structure that comprises blocks of data that are chained together using a cryptographic hash. In this article, we shall attempt to build a blockchain prototype… … Continue reading "Building the blockchain using JavaScript"
HR Blockchain Use Cases (1/7/2019) - Blockchain is not just about cryptocurrencies but it can be applied in businesses. In this article, we shall explore its application in human resource management. HR Blockchain use cases have… … Continue reading "HR Blockchain Use Cases"
HR Digital Transformation-powered by Blockchain (12/18/2018) - Human resource management has undergone tremendous changes in recent years particularly with regards to digitalization of human resource. The emergence of blockchain technology could further transform the world of HR. According… … Continue reading "HR Digital Transformation-powered by Blockchain"
Plasma-The Solution for Security and Scalability (11/30/2018) - The Scalability Issue Blockchain always faces the trade-off issue between security and scalability. Though their PoW consensus protocol guarantees near perfect security, it also slows down the processing speed significantly. … … Continue reading "Plasma-The Solution for Security and Scalability"
ETHKL #5 : Security Audits & Scaling (11/25/2018) - The meetup was at HelloGold office , KL on Friday 23, Nov. Speakers: Petar Tsankov-Chief Scientist/co-founder of ChainSecurity AG & Senior Researcher at the ICE center. ETH Zurich. Andras Kristof- Founder… … Continue reading "ETHKL #5 : Security Audits & Scaling"
A Wrap-up of Blockchain And Cryptocurrency Conference 2018 (11/16/2018) - I am trying to summarize a bit of the Blockchain and Cryptocurrency conference 2018 (from 13th to 15th Nov 2018) but it is far from comprehensive as I missed out… … Continue reading "A Wrap-up of Blockchain And Cryptocurrency Conference 2018"
Hyperledger Fabric Architecture Part 2 (10/16/2018) - In my article " Hyperledger Fabric Architecture Part 1", you have learned about the client applications, endorsing peers and committing peers as well as well as the ordering service. We have… … Continue reading "Hyperledger Fabric Architecture Part 2"
Hyperledger Fabric Architecture Part 1 (10/15/2018) - In a previous article, you have learned that Hyperledger Fabric has a highly modular and configurable architecture. In this article, we shall examine the architecture in more details. Hyperledger Fabric Network… … Continue reading "Hyperledger Fabric Architecture Part 1"
Hyperledger Fabric- A Short Introduction (10/13/2018) - You have learned about Hyperledger in one of my previous articles. Hyperledger is not a platform but it is an umbrella body that incubates and promotes business blockchain technologies. The Hyperlegder projects, which… … Continue reading "Hyperledger Fabric- A Short Introduction"
Creating a Self-Sustaining School Ecosystem with Blockchain (10/9/2018) - Abstract The current school system is too structured, rigid, and inhibits creativity. The current school curriculum inadequately prepares the students to survive the fast-changing world of the 21st century. While… … Continue reading "Creating a Self-Sustaining School Ecosystem with Blockchain"
Gas, Gas Price and Gas Limit (10/9/2018) - What is Gas? By definition, gas is a unit that measures the amount of computational effort that it will take to execute certain operations on the Ethereum blockchain. The operations… … Continue reading "Gas, Gas Price and Gas Limit"
Solidity Data Types (10/8/2018) - Solidity is a statically typed programming language, which means that the type of each variable needs to be specified at compile-time. Solidity provides several categories of data types, as listed… … Continue reading "Solidity Data Types"
Introduction to Solidity (10/7/2018) - What is Solidity? Solidity is a high-level programming language that is used to create and implement smart contracts in Ethereum. The smart contracts created using Solidity can be used for… … Continue reading "Introduction to Solidity"
Introduction to Corda (10/2/2018) - A Brief History Corda is another enterprise-ready blockchain platform other than Hyperledger. It was developed and launched by R3 in 2016. R3 is an enterprise software firm which focuses on… … Continue reading "Introduction to Corda"
Hyperledger- A Brief Introduction (10/1/2018) - Background In previous articles, we have learned about the bitcoin blockchain, the flagship of cryptocurrency. Subsequently, we learned about Ethereum that features smart contracts on top of its cryptocurrency Ether.… … Continue reading "Hyperledger- A Brief Introduction"
Tangle: Weighted Random walk (9/28/2018) - In the previous article, I have introduced the concept of tips selection using unweighted random walk (URW) algorithm. However, URW has its weakness that could crash the IOTA ecosystem. Fortunately,… … Continue reading "Tangle: Weighted Random walk"
Tips Selection in Tangle (9/27/2018) - We have learned about the basic concepts of Tangle in the previous article. Now. let's examine how tips are selected. We shall also discuss transaction rates and the concept of… … Continue reading "Tips Selection in Tangle"
Introducing IOTA (9/26/2018) - The Machine Economy From the connected mobile devices, wearable devices to Smart homes, the Internet of Things is beginning to permeate every aspect of our lives. The adoption of IoT technologies is… … Continue reading "Introducing IOTA"
Tokenization Explained (9/23/2018) - What is Tokenization? Tokenization has become a buzzword today due to its adoption in the payment industry and blockchain. However, Its usage is not limited to the aforementioned industries. It… … Continue reading "Tokenization Explained"
Fungible Tokens vs Non-Fungible Tokens (9/22/2018) - We often come across the terms fungible Tokens and non-fungible tokens in the blockchain. What are they? The following table explains what are they and how they differ. Fungible TokensNon-fungible… … Continue reading "Fungible Tokens vs Non-Fungible Tokens"
When to use blockchain? (9/21/2018) - Factors to Consider before Adopting Blockchain Blockchain is the coolest and most innovative technology at the moment. Many people believe It has the potential to disrupt many technologies. However, the… … Continue reading "When to use blockchain?"
Setting up a Private Ethereum Blockchain Network on Windows (9/21/2018) - Setting up a private Ethereum blockchain network is not an extremely difficult task for the coders. However, it may be a bit of a challenge for the beginners. I will skip… … Continue reading "Setting up a Private Ethereum Blockchain Network on Windows"
Smart Contracts (9/21/2018) - Introduction In the blockchain network, a user can send some crypto money to another user in exchange for something of value where the transaction is executed automatically based on a… … Continue reading "Smart Contracts"
Creating Your Own Token for ICO (9/20/2018) - ICO is a hot topic in the crypto world today. In this article, I will attempt to explain how to create your own token for an ICO project. First of… … Continue reading "Creating Your Own Token for ICO"
What is Ethereum? (9/20/2018) - According to the Ethereum Foundation, “Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.… … Continue reading "What is Ethereum?"
What is Merkle Tree in Blockchain? (9/19/2018) - In my article ‘Blockchain in a Nutshell’, I have mentioned Merkle tree as one of the metadata in a block of the blockchain. What actually is the Merkle tree? In computer… … Continue reading "What is Merkle Tree in Blockchain?"
How to achieve Proof of Work? (9/19/2018) - According to Wikipedia(2019), A Proof-of-Work (PoW) system is an economic measure to deter denial of service attacks and other service abuses such as spam on a network by requiring some work from the service requester, usually meaning processing… … Continue reading "How to achieve Proof of Work?"
Technical Explanation of Mining (9/19/2018) - In this article, let’s examine the technical aspects of crypto mining. In the blockchain, every block has a previous block except the very first block or the genesis block. Miners… … Continue reading "Technical Explanation of Mining"
What is Mining in Blockchain? (9/19/2018) - The Purpose of Mining Generally, people conceive mining in blockchain as a way to obtain bitcoins or other cryptocurrencies. Well, it is partially true but this is not the main purpose of… … Continue reading "What is Mining in Blockchain?"
Blockchain in a Nutshell (9/18/2018) - What is Blockchain? A blockchain is a distributed digital ledger that can be used to record transactions and other data across a decentralized peer-to-peer network made up of a cluster… … Continue reading "Blockchain in a Nutshell"
A Short History of Blockchain (9/16/2018) - Blockchain has been the most hyped technology in the last few years. A recent World Economic Forum report predicts that by 2025, 10% of GDP will be generated by blockchain. Though blockchain… … Continue reading "A Short History of Blockchain"