Posts in Category: Blockchain

What Are Proof-of-Work and Proof-of-Stake Algorithms?

Proof-of-work (POW) algorithm is the most widely used in Blockchain networks. For example, Bitcoin, Ethereum, and Counos Coin, three of the most well-known cryptocurrencies in the world, use proof-of-work. However, recently, Ethereum has decided to move from proof-of-work to proof-of-stake (POS) as part of their development map.

 

... read more
 

Seoul Is Set to Use Blockchain in Citizen Cards

The mayor of Seoul said that this city is going to implement Blockchain technology in citizen cards. According to a report published by Korean news agency Queen.co.kr on May 20, Park Won-soon, the mayor of Seoul, said during an event called “Korea Future Forum (KFF)” that Seoul will use Blockchain technology in the citizen cards of the inhabitants of Seoul, the capital city of South Korea.

 

... read more
 

Starbucks’ Blockchain-based Project

Starbucks’ Blockchain-based Project
Famous coffee producing company Starbucks, with the cooperation of Microsoft, is developing a new project based on Blockchain. The purpose of this project which is idiomatically called “Farm to cup”, is to give information about coffee... read more
 

Blockchain Enters the World of Video Games

Blockchain Enters the World of Video Games
Since 1975 the growth of the video game industry in the world has been amazingly fast. In fact, this industry has advanced nonstop and is on the rise. Perhaps it’s interesting to know that in 2018 the world spent $138 billion in the video game ... read more