What are non-fungible tokens? A non-fungible token (NFT) is a special type of cryptocurrency that represents a digital asset that is not interchangeable with other assets of the same type. NFTs are stored on a blockchain, similar to how other cryptocurrencies are stored and can be exchanged on NFT exchanges. NFTs are often used to …
Non-Fungible Token (NFT): Important things to be aware of it Read More »
What is DeFi? Decentralized Finance (DeFi) is a term used to describe the shift from traditional financial products and services to those built on decentralized protocols on the Ethereum blockchain. DeFi applications, also called protocols, is open-source software that anyone can use without needing to go through an intermediary. DeFi protocols can offer financial products …
What Are Cryptocurrencies? Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Fiat currencies are government-issued currencies that are not backed by a commodity such as gold. In 2021, the …
Basics of Cryptocurrencies: What to be aware in 2022? Read More »
Nike Launches Its .Swoosh Web3 Platform Nike has announced the launch of its new .Swoosh web3 platform, which will allow users to purchase digital apparel and sneakers using Nike NFTs. The platform will also allow users to trade and collect Nike NFTs, as well as other digital collectibles. The launch of the .Swoosh platform follows …
Nike launches Web3 platform named Swoosh to enter in NFTs and Crypto Read More »
How will NFTs and Cryptos Impact the Future of the Real Estate Market? Can you explain what blockchain technology is? Blockchain technology is a decentralized way of storing and processing data that is secure and transparent. A blockchain is a digital ledger of all transactions that have ever been processed on the network. This information …
J.P. Morgan successfully executed a live trade on a public blockchain for the first time ever. The trade was conducted on SBI Digital Asset Holdings’ public blockchain platform and involved J.P. Morgan’s own digital currency, JPM Coin. This is a significant development for both J.P. Morgan and the wider world of decentralized finance (DeFi). It …
JP Morgan Executes First DeFi Trade On Public Blockchain: Why it is so important? Read More »
What Are Stablecoins? As cryptocurrencies become more popular, their volatility becomes more of a problem. Stablecoins are a type of cryptocurrency that is designed to be less volatile than others. There are several different types of stablecoins, but they all work by pegging their value to something else. For example, some stablecoins are pegged to …
Non-fungible tokens (NFTs) are digital assets that are unique and cannot be replaced by another identical asset. NFTs are stored on a blockchain, which is a digital ledger that records all transactions. NFTs can represent anything from a piece of art to a collectable item. Meta is expanding the NFT showcase on Instagram which will …
Instagram will soon allow creators to mint and sell NFTs Read More »
