Base Ecosystem: Redefining Decentralized Finance
Blocktech Brew Blog
by Gagandeep Singh
3d ago
What is a Base Ecosystem?  Cryptocurrency and blockchain are ever-evolving technologies, and base is coming up as a new fascinating innovation. Developed by Coinbase in early 2023, the base ecosystem is a cutting-edge layer two (L2) network that is strategically built on top of Ethereum, and it is aimed to revolutionize the way humans interact with the blockchain and support the development and deployment of decentralized apps (dApps).  While Ethereum brought new opportunities for decentralized applications in various industries, congestion, high fees, and scalability issues still st ..read more
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Crypto Trading Bot: The Ultimate Guide to Cryptocurrency Trading with AI
Blocktech Brew Blog
by Gagandeep Singh
5M ago
Based on the US Securities and Exchange Commission report, almost 78% of market trades are executed by trading centers that rely on automated systems and algorithms. According to the latest report by Digital Journal, AI crypto bot trading is expected to grow at a notable CAGR of 23% during the forecasting period by 2030. Additionally, the latest data from Dataprot predicts that AI will contribute $15.7 trillion to the global economy by 2030. Nowadays, the investment landscape has shifted significantly towards AI cryptocurrencies, with retailers and institutions pushing to purchase the best AI ..read more
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DeFi and the Future of Traditional Banking
Blocktech Brew Blog
by Gagandeep Singh
5M ago
Decentralized Finance, or DeFi, has emerged as a disruptive force in the financial industry, challenging traditional banking models and offering new possibilities for the future. As the DeFi ecosystem continues to grow and mature, it raises the question: Can decentralized finance and traditional banking coexist harmoniously, and if so, how might they bridge the gap between their distinct worlds? The Rise of DeFi DeFi represents a paradigm shift in financial services, leveraging blockchain technology to create open, permissionless, and transparent systems. The decentralized nature of these plat ..read more
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Top 10 Global Cryptocurrency Exchange Software Development Companies
Blocktech Brew Blog
by Gagandeep Singh
6M ago
A sensational topic in the blockchain industry is cryptocurrency. As long as it continues to thrill its pioneers and backers, cryptocurrency will continue to have a fever pitch. Development-wise, it expands the domain of possible regions for developing software for crypto exchanges on hybrid, centralized, decentralized, peer-to-peer, or white-label platforms. Some companies offer comprehensive solutions for cryptocurrency exchanges while also enhancing trading convenience and security. The whole success of crypto exchange software development depends on the expertise and skills the development ..read more
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Understanding Finality in Blockchain: Definition, Types and Threats
Blocktech Brew Blog
by Gagandeep Singh
6M ago
The use of blockchain is completely changing how we do business and how we save data. Traditionally, we have implemented centralized procedures for managing our finances. Decentralization, which emphasizes achieving transparency, security, and immutability, is trending throughout. Blockchain differs from conventional technologies in one important way: finality. Let’s use an example to explain finality. Consider that you just completed a cryptocurrency transaction and are attempting to figure out why it hasn’t yet shown up in your exchange or wallet. This situation makes the idea of finality mo ..read more
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Decentralized Identifiers (DIDs): Everything You Need to Know
Blocktech Brew Blog
by Gagandeep Singh
6M ago
It’s understandable that you might have read the term decentralized identifiers (DIDs) very often but aren’t aware of them. Here, we will cover all the aspects associated with DIDs to make it a full-fledged DID guide. In layman’s terms, decentralized identifiers are identifiers that share complete control with users, i.e., individuals or organizations, over their digital identity.  Unlike traditional identifiers like a government-issued driver’s license, passport, or other identity, DIDs are not issued and regulated by a central authority. These DIDs are securely stored on a decentralized ..read more
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Metaverse School – the Future of Education in Metaverse
Blocktech Brew Blog
by Gagandeep Singh
7M ago
The post Metaverse School – the Future of Education in Metaverse appeared first on Blocktech Brew ..read more
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The Metaverse Hospital [Live Demo]
Blocktech Brew Blog
by Gagandeep Singh
7M ago
The post The Metaverse Hospital [Live Demo] appeared first on Blocktech Brew ..read more
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Decentralized Identifiers (DIDs): A Guide to Identity Management
Blocktech Brew Blog
by Gagandeep Singh
7M ago
It’s understandable that you might have read the term decentralized identifiers (DIDs) very often but aren’t aware of them. Here, we will cover all the aspects associated with DIDs to make it a full-fledged DID guide. In layman’s terms, decentralized identifiers are identifiers that share complete control with users, i.e., individuals or organizations, over their digital identity.  Unlike traditional identifiers like a government-issued driver’s license, passport, or other identity, DIDs are not issued and regulated by a central authority. These DIDs are securely stored on a decentralized ..read more
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Central Bank Digital Currency (CBDC): A Future of Digital Finance
Blocktech Brew Blog
by Gagandeep Singh
7M ago
There is one technology that has created a buzz all over the world, and it is unstoppable in the financial ecosystem. This  blockchain technology has revolutionized the way we transact by eliminating the need for intermediaries and enabling peer-to-peer transactions. The introduction of Central Bank Digital Currency has added a new dimension to blockchain’s advanced payment methods. Central banks across the globe have started participating in remodeling their existing financial systems to complement the digital age. However, CBDC is not well understood. Read this complete blog till the en ..read more
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