Blog 1 Column

Jun

Which are the popular programming languages used in Blockchain?

Blockchain is touted to be the new internet and has caught the eye of tech enthusiasts across the world. There is no specific language to be learnt to create an application for Blockchain. The most popular languages used for Blockchain are C++, JavaScript, Python, Go and C#. However, it entirely...

Jun

Why should companies use Blockchain?

ESDS

Increased digital processing, rapid growth in cybercrimes and rise of bitcoin and cryptocurrency are the three reasons why Blockchain is increasingly becoming popular. Let us see why companies need to use Blockchain. a.Shield against cybercrime: Blockchain offers secure, shared and distributed database for transactions. This makes it difficult for hackers...

Jun

What are the different types of Blockchain?

ESDS

Primarily there are three different types of Blockchains as follows. a.Public Blockchain: Open source blockchains are popularly termed as public blockchains. The transactions on public blockchains are fully transparent, which means anyone can examine the transaction details. They are completely decentralized. b.Private Blockchain: Private Blockchains are also termed as “permissioned...

Jun

How Blockchain technology secures data?

ESDS

Blockchain technology enables more secure online data transmission, eliminating middlemen and singular control. Let us see how Blockchain secures the data: a.Blockchain is decentralized: Since Blockchain is entirely decentralized, there is no single source controlling it. The data is not stored in a single storage location like cloud servers; Blockchain...

Jun

What are smart contracts?

ESDS

A smart contract is also termed as cryptocontract. Similar to the traditional contracts in the real world, Smart contracts are the agreements in the digital form. It is a piece of code, which runs over Blockchain and is executed when a pre-programmed condition is triggered. These contracts make businesses more...

Jun

What is the difference between Bitcoin and Blockchain?

ESDS

Though Bitcoin and Blockchain are closely related, they are not the same. a.Definition: Bitcoin is a crypto-currency, a type of unregulated digital cash. Blockchain is a ledger that records transactions. b.Aim: Bitcoin offers increased speed of transactions without government restrictions. Blockchain provides a low-cost, secure and safe environment for peer-to-peer...

Jun

What is Blockchain?

ESDS

The Blockchain technology is defined as the growing list of records named blocks, connected using cryptography. Each block contains the record of new transactions and a cryptographic hash of the previous block a timestamp. It can record transactions between two parties efficiently and in a verifiable way.

Jun

Why IoT is the future?

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The IoT devices are becoming a part of the culture developed under mainstream electronics and people these days are adopting more and more number of smart devices in their homes. It is estimated that by 2020, there will be nearly 21 billion connected devices present on the Internet. The IoT...

Jun

How are IoT devices connected?

ESDS

WSN Nodes: The WSN nodes are low-cost devices, and hence can be deployed in large volumes. They operate at low power and can run on battery or might even use energy harvesting WSN Edge Nodes: A WSN edge node is a WSN node which includes Internet Protocol connectivity. It acts...

Jun

Will IoT work without Internet?

ESDS

With the right set of technologies, communication between devices can be achieved without using the Internet. Thingstream, long-distance device connectivity that is built on the Unstructured Supplementary Service Data (USSD) messaging. The USSD offers more secure IoT connectivity without any involvement of the Internet. The Low Power Wide Area Network...

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