What are smart contracts?
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
What is the difference between Bitcoin and Blockchain?
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
What is Blockchain?
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.
Why IoT is the future?
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
How are IoT devices connected?
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