Blockchain technology is changing how we validate transactions. From smart contracts to cryptocurrency networks‚ blockchain has given us a new and exciting method of sharing information. As more organisations‚ apps‚ and individuals embrace its possibilities‚ the need to know how the blockchain works grows. That’s why it’s important to understand nodes. The most famous blockchain…
In recent times‚ it’s been tricky to read the news and avoid the subject of NFTs. Some stories are positive – could NFTs be the future of how we track ownership of original art and reward the creators? Others‚ not so much. There are also plenty in the middle asking – what even is an…
A blockchain is a record of transactions that is distributed and copied across a network. The technology behind blockchain is essentially a peer-to-peer network‚ ensuring private and secure transactions that cannot be tampered with or changed. In other words‚ blockchains ensure that the information they contain is immutable. They are also known as a distributed…
There’s plenty of blockchain pilots vying to be the first to show the technology’s viability at scale. Out of all of them‚ it’s possibly the insurance industry that has shown the most promise in 2018. Sarat Pediredla‚ Chief Executive Officer at hedgehog lab and all-round blockchain stalwart‚ explores why insurance companies should stand up and…
The new found love and intrigued interest in Bitcoins and Blockchains and recognising them as potential disruptors in the financial sector is certainly encouraging. At least‚ it lets us know that this industry does not take innovations at face value‚ unless and until the technology proves its mettle. Recent developments across countries to develop this technology…
With its impenetrable wall of jargon and the sheer wealth of misinformation out there‚ it’s easy to get confused about blockchain and the potential impact it is going to have on the finance world. Sarat Pediredla‚ hedgehog lab CEO‚ unpicks and demystifies the most-hyped technology around at the moment. On 22 May 2010 a programmer…