Category Archives: Ethereum
Non-fungible tokens (NFTs) & Real-world examples
You may have heard the term “non-fungible tokens (NFT)” but what do they mean? Basically, they are a type of cryptocurrency that is unique and not interchangeable. Unlike regular Bitcoin or Ethereum, which can be divided and traded like shares, non-fungible tokens are indivisible and have their own value. This makes them perfect for use in specific applications like digital art or collectibles. Here we’ll discuss what are NFTs and what are some real-world examples of where non-fungible tokens are being used today. What are Non-fungible tokens (NFT) and how do they work? Non-fungible tokens are unique digital assets. The word non-fungible means that each token is not interchangeable with …
Understanding Ethereum – Top 10+ Free Web Resources (Books, PDFs)
Ethereum is a Blockchain app platform that maintains a secure decentralized generalized transaction ledger and runs smart contracts. Smart contracts are, primarily, apps/programs which run on decentralized network and carry out transactions (manipulate digital unit of value) based on pre-defined contracts. Understanding Ethereum is key for blockchain developers as it has become a shared global infrastructure for moving value around and representing the ownership of property with the help of smart contracts. In this post, you will get some good URLs/links to pages (or PDFs) on the internet which provides good read/help docs for understanding Ethereum and get started with it in an easy manner. Ethereum Website Help Documentation: Provides detailed information on Ethereum. Right from the horses’ mouth …
Blockchain Usecase – Airline Booking and Baggage Tracking
Blockchain is all out there to disrupt different industries requiring greater security (trust), traceability and transparency. Be it supply chain, manufacturing, logistics, real-estate, energy, airline industry etc. Here is another Blockchain use case in relation with Airline booking, baggage tracking, putting travel itinerary on Blockchain. Airlines such as Air New Zealand and Luftansa is exploring Blockchain to enhance / improve security and efficiency of services such as booking (rebooking) and baggage tracking. Blockchain would help connect suppliers such as airlines and hotels directly to sellers, allowing companies to bypass third-party vendors. Both Airline companies such as Air New Zealand and Luftansa has entered into strategic partnership with Winding Tree, a …
I found it very helpful. However the differences are not too understandable for me