Author: admin_Blo@xbyts

Web3 Gaming: How Blockchain Technology is Disrupting Gaming Ecosystem

The gaming industry is growing tremendously. The trend of Web2 is going to experience a significant transformation with the rise of Web3. Blockchain and decentralized technologies have ushered in a new era for gaming. In this blog, we’ll explain the factors of Web3 gaming and its role in transforming the gaming industry. Overview: The essence… Continue reading Web3 Gaming: How Blockchain Technology is Disrupting Gaming Ecosystem

What Is Tokenomics And Factors that Relate To Crypto’s Future Value?

The definition of a crypto token is the first step toward understanding tokenomics. Crypto tokens run on blockchains. They offer many incentives to holders, allowing them to exchange or swap tokens with another blockchain. Tokenomics refers to all of a crypto token’s features that make it desirable to investors.  Furthermore, Blockchain is associated with cryptocurrency,… Continue reading What Is Tokenomics And Factors that Relate To Crypto’s Future Value?

A Key To Enterprise Success: Decentralized Applications

Decentralized apps and the blockchain aren’t something new. However, one unique aspect of the industry is the growing number of dApps emerging across many industries. In addition, all kinds of businesses are starting to adopt technology for their benefit. But, as with any ground-breaking technology, challenges are bound to be overcome along the way. So,… Continue reading A Key To Enterprise Success: Decentralized Applications

An Introduction to DApps and 5 Facts About Decentralized Apps that Might Surprise You!

Decentralization is the future of technology. It’s inevitable. Blockchain technology is making way for the end by removing the intermediaries from a chunk of traditional services while redefining how these obsolete services work. Decentralization is a concept of sharing power among all its users to ensure a safe, secure, censorship-resistant, and open-access environment. Blockchain is… Continue reading An Introduction to DApps and 5 Facts About Decentralized Apps that Might Surprise You!

Cold Wallets vs. Hot Wallets: Which one is better?

Storing your cryptocurrency on an exchange is one of the least secure ways to keep it. Most crypto traders have been affected by hacking incidents or exchange shutdowns at some point in their trading careers. That’s why selecting a crypto wallet is so crucial. Several types of crypto wallets are available, each with its benefits.… Continue reading Cold Wallets vs. Hot Wallets: Which one is better?

What are the 6 real-world examples of smart contracts?

As mentioned in the last blog, a smart contract is simply a digital record of an agreement between two parties. Based on predetermined algorithms, these contracts effectively execute a contract’s terms without requiring third parties’ assistance.  “Smart contracts” have become synonymous with cryptocurrencies in recent years. Unfortunately, most people are unaware of smart contracts, although… Continue reading What are the 6 real-world examples of smart contracts?

NFT Real Estate in the future. Here are 4 reasons; why?

Investing in real estate may be time-consuming and risky. There are too many articles about real estate and blockchain on the internet. Accordingly, it is hard to find information about how virtual property NFTs work. There are 5 reasons why they are futuristic. I will walk you through some of the ways that the real… Continue reading NFT Real Estate in the future. Here are 4 reasons; why?

What are smart contracts’ benefits and future trends?

In an era of digital transformation, it is paramount for businesses to look at how they can leverage digital technologies to remain competitive. The blockchain protocol allows multiple unknown parties to maintain consensus on the current state of agreement and changes made to a shared database. Because of increased transparency, permanent ledger, reduced costs &… Continue reading What are smart contracts’ benefits and future trends?

What are the world’s top 12 smart contract use cases?

Businesses can integrate smart contracts to transform anything that relies on digital authentication, including banks’ internal processes, warehouses’ inventory management, and healthcare providers’ patient records. This article aims to explain smart contract use cases. For a better understanding, we broke it down into three parts: A. Common smart contract use cases  B. Use-cases followed by… Continue reading What are the world’s top 12 smart contract use cases?