Block, Blockchain and Distributed Ledger Technology
What is a ledger? In layman’s term, ledger is a set of records that helps keep track of all business financial activities in an Organization. In other words, Ledger is a database where confirmed and validated transactions are recorded. E.g. When Alex sends US $4 to Bob, it passes through central system like bank and bank records these transactions in centralized database called ledger of the bank. What is Distributed Ledger Technology? Distributed ledger, as defined by...
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How to Improve UX on Your Website
A steady influx of new customers is the lifeblood of every business, as there’s no thriving and growth without it. You can’t even expect to maintain the status quo without it, as according to relevant industry stats 50% of customers naturally churn every 5 years. This means that driving traffic to your website should be among your top priorities, but it’s only one part of the equation, because all your efforts will be in vain if you fail to keep visitors and make them come...
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Blockchain technology challenges, issues and limitations
Digital forms of money have taken off in notoriety since 2008, with more than 1,000 in presence today and a total esteem more prominent than the market capitalization of IBM. Be that as it may, we are exceedingly far-fetched whether they will ever move toward becoming standard monetary standards. The requirement for organizations and people to pay charge receipts in officially sanctioned cash, and the possibly boundless crypto-cash supply, posture critical obstructions to far reaching...
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Blockchain technology and banking revolution
Blockchain technology has become the focal point for technocrats and custom blockchain software companies as it offers plethora of opportunities to revolutionize and radically change the way businesses work. The technology was invented back in 2008 but it has taken a big jump in implementation in various industries recently. Industry experts, technocrats and custom blockchain companies have started investing time and resources on various use cases to showcase how Blockchain technology can be...
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Basics of NodeJS and MongoDB for Blockchain backend development
Introduction to Mongo DB With the increase in the usage of Handheld devices, the amount of data being generated is increased exponentially. With the increase in data generation, comes the problem of data storage and scaling. Developers of Backend software development companies all over the world are facing a difficulty in storing this large amount of data. Since the traditional databases are unable to cope up with the increasing data storage requirements they are now left with two main...
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