For those not familiar with cryptography, encryption, in its most basic sense, is a cryptographic equivalent of a lock and key. In a way similar to locking your valuables in a safe, encryption allows sensitive data to be protected. Once data has been encrypted, it’s converted to an unreadable, meaningless form that cannot be understood.…
Universal Basic Income (UBI) is a very popular topic at the moment. Countries like Finland and the Netherlands have conducted exploratory initiatives on the topic, with small-scale experiments to see how it fares. UBI is a concept that is increasingly advocated by those who want to streamline the social welfare system while simultaneously future-proofing it for a…
The Raiden Network is a development for Ethereum that seeks to move transactions off the ETH blockchain, making it more efficient for users and making the blockchain faster. It involves creating smart contracts between users so they can exchange funds between each other, and the overall balance is only settled when one of the contract…
Torrent websites have become the most common way for users across the world to access pirated content in a peer to peer fashion. While the technology has boomed in the last few years, Governments across the world have attempted to shut down these websites for hosting copyright content. Maintaining servers and retaining databases of magnet…
In the past few days, there has been increasing concern among cryptocurrency investors regarding the effect of Chinese authorities’ measures on restricting blockchain activity in the country, especially with regards to the tightening of restrictions on exchanges and ICOs. This has sent the price of Bitcoin and other cryptocurrencies crashing down. Here are some of…
Whoppercoin is a cryptocurrency made by Burger King which can be traded for Whoppers. Ever get tired of using retailers’ loyalty apps or punch cards? Wouldn’t you much prefer a more complicated system that incorporates tech-buzzwords and hype? Why not try using a cryptocurrency loyalty program instead? That’s the bold vision behind Whoppercoin, Burger King Russia’s new…
India is the world’s third largest economy, and is set to grow at a rate that may surpass that of China within a few years. In Prime Minister Narendra Modi's vision of a Digital India, a lot of emphasis has been placed upon cultivating technology to solve the most rudimentary of purposes and tasks. This…
As Bitcoin breaks more and more into a functional currency, its reach and usefulness continues to expand. In the latest move towards being a full-blown valuable, virtual currency, a luxury villa in Switzerland has been put on the market with the price tag attached in Bitcoin. Stefan Christiani, a 36-year-old Swiss resident, is looking to cash…
Ethereum sought to remind many of the volatility of cryptocurrencies when a multi-million dollar dump saw the price of Bitcoin’s biggest rival crash from over $300 to less than $1 in a matter of seconds. Ethereum has been rocketing in the markets as it surged earlier this year from being a minor coin trading for a…
Initial Coin Offerings (ICOs) are becoming an increasingly popular medium for startups to fund their business, at the same time providing investors with potentially lucrative returns on their investments. Most ICOs are based on Ethereum because it offers Smart Contracts, a feature allowing a startup to distribute its earnings to investors. It must be noted…