ICO Development

Blockchain is a technology that has more applications than we know of, and we are yet to scratch the surface. Many projects utilize blockchain at its core like Bitcoin, Ethereum, and Hyperledger. In layman’s terms, Hyperledger is not an implementation of another blockchain, however, merely a collaborative development of a set of specifications on how blockchain-based distributed ledgers should work in a trusted network. It was created and designed by Linux Foundation. Hyperledger is a collaborative and open source project, and the primary objective of the project is to initiate cross-industry collaboration to improve the performance and reliability of the systems. There are various specifications with several implementations of Hyperledger. Fabric is designed and implemented from IBM. Sawtooth Lake from Intel Corda from R3 Consortium Iroha from Soramitsu and much more Each Hyperledger is an implementation of its own version and currently not compatible with each other....

The Miracle Leaf in the Era of Blockchain Cannabis has traveled the world and was found in the sites of prehistoric nomads, ancient China, Indian culture and Viking Ships. The origin of Cannabis dates back to thousands of years in Asia and eventually spread to the Americas and the United States. Through most of the historic journey, Cannabis has been used for a medicinal and spiritual purpose. The idea that drug is immoral is a recent construction. The Vikings, as well as medieval Germans, used cannabis for pain relief from childbirth and toothache. The marijuana was legal for most of history.  The first records of drug’s medicinal use date back to 4000 B.C. in ancient China. With the advent of Silk Route, the cannabis moved from China to the middle east between 2000-1400 B.C. By 5th Century A.D., it had spread throughout Europe including Germany and spread to Britain during the Anglo-Saxon Wars. Before World War II, USA started to crack down on cannabis and turned the wo...

Blockchain for Supply Chain Management Supply chain industry has become one of the most sought-after services in the present day market. Almost all the essential services depend on a reliable supply chain network. Depending on the type of product a standard supply chain delivery takes a lot of time, this is because the supply chain goes through several stages, covers multiple geographical locations, involves several third-party entities in-between and covers months of time. However, the excess demand for all these services has made the supply chain process extremely complicated. It delays a lot of time for the initiation of the payment process between the manufacturer and supplier or between the customer and the vendor. Evolving trends in the Supply chain Industry. A recently published article on Forbes explained how the current Supply chain industry is broken in many ways. Interestingly they made an excellent observation on the changes that the logistics industry has und...

How Blockchain Technology enhances Supply Chain Management? Blockchain, the technology is reverberating through today’s markets for its unique features and its epitome of security for storing data. For starters, Blockchain is a distributed database that holds records of digital data. It is immutable, secured and goes through various levels of trail on the information stored in the blocks. The blockchain technology is affecting multiple industries one at a time. In this blog post, we will see in detail how blockchain technology is enhancing Supply Chain Management. Traditional Supply Chain Management: The Shortfalls The traditional Supply Chain Management is the link connecting the product’s creation to the  delivery of the goods to the end customer . Irrespective of the product, the supply chain spans countless stages, various international locations and a mountain heap of invoices and payments to be dealt with. This is very complex, to say the least, and to retriev...

ICOs are the hot topic of the day and deservedly so, because of their potential to be agile capital-raisers for coin creation at almost one fourth the cost of an IPO. ICOs can be looked upon as an alternative method of crowdfunding that has evolved outside of the traditional system of finance. An ICO progresses over a period of a week or more and allows the purchase of newly issued token in exchange for the pre-established cryptocurrency. The token will have a designated price which does not change during the period of ICO making the token supply static. Other options are to have a static supply with dynamic funding (More the funds, higher the token price) or have a dynamic token supply that will be determined by the number of funds received (Static price for token, new token created for every paid currency unit within a limited time frame). ICOs are one of the easiest and quickest ways for companies to fund their projects and for users to invest in projects. The Process of Build...