Block Chain

Understanding Blockchain: A Beginner's Guide? Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An  asset  can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding). Virtually anything of value can be tracked and traded on a blockchain network, reducing risk and cutting costs for all involved. Why is blockchain important? Business runs on information. The faster information is received and the more accurate it is, the better. Blockchain is ideal for delivering that information because it provides immediate, shared, and observable information that is stored on an immutable ledger that only permissioned network members can access. A blockchain network can track orders, payments, accounts, production and much more. And because members share a single view of the truth, you can see all details of a transaction end to end, giving you gr...

  What Is Blockchain Technology & How Does It Work Over the past few years, you have consistently heard the term ‘ blockchain technology ,’ probably regarding cryptocurrencies, like Bitcoin. In fact, you may be asking yourself, “what is blockchain technology?” It seems like blockchain is a platitude but in a hypothetical sense, as there is no real meaning that the layman can understand easily. It is imperative to answer “what is blockchain technology, “including the technology that is used, how it works, and how it’s becoming vital in the digital world. As blockchain grows and becomes more user-friendly, the onus is on you to learn this evolving technology to prepare for the future. If you are new to blockchain, then this is the right platform to gain solid foundational knowledge. In this tutorial, you learn how to answer the question, “what is blockchain technology?” You’ll also learn how blockchain works, why it’s important, and how you can use this field to adv...

The Cheapest Crypto to Transfer in 2025: Top 10 Choices  In 2025, as crypto adoption soars, the spotlight is shining brighter than ever on the cheapest cryptocurrency to transfer—those gems that let you move your money without burning a hole in your wallet. Understanding cryptos with low transaction fees is the key to optimizing your transactions, boosting savings, and embracing the true potential of DeFi.  In this guide, we’ll walk you through the top 10 cryptocurrencies with the lowest transaction fees, showcasing why they’re leading the charge in redefining financial efficiency. What Makes Transaction Fees So Important? Transaction fees are like the hidden tolls on your crypto highway. They ensure that miners and validators prioritize your transaction while maintaining the blockchain network ’s integrity. But here’s the catch—high fees can eat into your profits or make small transactions unviable. The quest for the crypto with low transaction fees often swirls ...

  What Is Blockchain Technology And Why Accounting Majors & Professionals Need to Know It Blockchain technology is quickly becoming a buzzword in the tech world, as well as the finance world. Yet few people really understand what this technology involves. For some, especially those interested in investment opportunities, it feels like a hypothetical world that is not realistic. For others, it feels like a trend that will soon die away. So just what is blockchain technolog y? Why should those interested in the world of finance understand it? Here is a closer look at this technology, its benefits and how it revolutionizes the global economy. What Is Blockchain Technology? A blockchain is a distributed ledger that allows all parties involved in particular transactions to share and add to the ledger. Blockchain technology is the technology that manages that ledger. It is made up of nodes, which are the participants of the ledger, and is shared on a computer network. Th...

  Blockchain & Its Role in Identity As an emerging technology – blockchain is often spoken about, but up until recently in the hypothetical. In recent years the technology has grown exponentially, and many organisations are not only exploring the benefits – but actively implementing it across a range of use cases. Whether it’s for financial services or healthcare, global spending on this technology is predicted to grow from US&5.3 billion in 2021, to US$34 billion in 2026. But what exactly is the technology? Read on to find out. What exactly is blockchain technology? Blockchain is a decentralised database or ‘ledger’ that provides a record of transactions to all participants within a network of computers. Blockchains consist of multiple blocks – each containing transaction data which is then encrypted to produce a hash. This hash is then added to the next block, establishing a chain. Et voilà – a blockchain. Blockchains provide a transparent r...