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In recent years, the cryptocurrency users and merchants accepting them have increased enormously. As a result, the use of cryptocurrency and blockchain technology has become more invincible. A cryptocurrency is a digital form of assets. Cryptocurrency transactions are nothing but the value exchange between two parties without the involvement of a third party. So all these digital assets are stored in the cryptocurrency wallet.  A cryptocurrency wallet is a software that stores and perform transactions with all the crypto coins. The wallet app enables the users to send and receive digital currencies and keep track of their balance by interacting with blockchain network.  Now let's explore the essential features that one should take into consideration for cryptocurrency wallet development.  Features of cryptocurrency wallet QR code scanner  If you are using a cryptocurrency wallet, then the QR code scanner is a must feature that has to b...

Blockchain technology has become a hot topic in every sector nowadays, and it has started growing over the business industries. In fact, the blockchain offers a lot of users quick solutions and high productivity when compared to conventional systems. Blockchain, as a service, plays a huge part in the economy and is adding values to the blockchain-based advancement. By utilizing this service, many industries have concentrated more on their center domain while agonizing less over the advancement space. On the Other hand, the enterprise blockchain services is designed specifically for commercial use like both public and private chains, and the nodes are thoroughly vetted and trusted parties.  Let me share with you some services that the enterprise blockchain has to offer us.  Enterprise blockchain services   Wallet development  A cryptocurrency wallet is a software that stores all your crypto coins, namely Bitcoin, Litecoin, Et...

The cryptocurrencies have surpassed a lot of hurdles and have stood out with its immense value even in this “Black Swan” corona crises. Despite the debates and messes around the cryptocurrencies, everyday new crypto coins are being launched in the coin market cap. As of now, the number of crypto coins listed in the market space is 5500+! Even though many countries are in chaos to legally accept cryptocurrencies for their transaction, the developed countries have adopted the crypto payment system.  In this blog, let’s look into the 5 significant uses cases of cryptocurrency wallets ! 5 Significant use cases of cryptocurrencies E-Cash The cryptocurrencies are invented as digital currencies that can be used as a medium of exchange for trade. Later, due to the high value of BTC, it became unsuitable for low transaction amounts. In 2017, the fork of bitcoin came out as “Bitcoin Cash”, which is widely accepted as the desired payment method in developed countries for a...

For kick-starter of crypto space, the entire ecosystem of a crypto transaction is still a mystery. The crypto transactions are as simple as our mobile banking apps or paytm wallets. Cryptocurrencies are the virtual currencies that are utilized as a medium of exchange for trades and goods. The traditional banking system has been digitalized, and even fiat currencies are becoming seamless due to the boom of digital payment transactions.  In this post, let’s discuss how the cryptocurrency works and their types! In this digital era, you can easily relate the workflow of crypto wallets to the online wallets! How does the cryptocurrency wallet works? Cryptocurrencies are digital currencies and are just seen as figures in the owner’s wallet portfolio. The crypto transactions happen by legally signing-off the ownership from one person to another in the blockchain network. When the owner sends crypto coin to the trading peer, he just transfers the ownership of the...

It’s been a decade since the inception of cryptocurrencies and blockchain technology! Most of the developed countries have legalized the transaction of crypto coins, but still, the other parts of the world are messed up with the digital crypto coins and the underlying blockchain technology! Let’s move on to the next phase of a technical renaissance with blockchain framework. In this post, let me chat around how blockchain technology works ! What’s all about blockchain technology?   Leading industrial experts believe that blockchain is a significant invention since the internet has arrived in our doors. Professionals add-on to the innovation as the internet has revamped the file transfers, whereas blockchain revamps the value transfers.  When there is hot gameplay going on through the web, blockchain is addressed as bitcoins, cryptocurrencies blockchain or smart database ever. However, they’re wrong! Blockchain is a distributed ledger that logs the ti...

In recent years, you have noticed that the blockchain is the hottest topic ever since it came into existence. The urge to find a functional blockchain solution that can scale to enterprise requirements is at a high peak! Blockchain technology has become an essential part of enterprise software industries that want to streamline business processes and digital assets. Not all organizations need blockchain solutions, but for the companies that strive to experience huge transformation, the tech becomes mandatory.  Now let's get to know about the five towers of an enterprise blockchain solution.   Permissioned blockchain Blockchain can be built and accessed in different ways. There is a certain blockchain network that needs special permission to read, write and access information on them. These are referred to as permissioned blockchain. The configuration of such blockchain controls the participant transaction and defines ...