Monolithic blockchains are considered the first generation of blockchain systems. Emerging at the genesis of the blockchain and cryptocurrency industries, they paved the way for the revolutionary ...
A blockchain is a kind of database invented in 2008 that stores and secures information in sequential blocks. Unlike the case with traditional databases, a blockchain’s contents are not kept on a ...
Forbes contributors publish independent expert analyses and insights. I write about global business and investing in emerging markets. Ethereum (ETH) used to be the end-all be-all of blockchains for ...
When BlackRock, the world's largest asset manager, saw its $2.9 billion tokenized U.S. Treasury fund accepted as collateral on major exchanges, Crypto.com and Deribit, it marked a milestone: ...
At the core of blockchain networks lies a fundamental architectural principle called layering. Layering in blockchain refers to organizing different functionalities and protocols into separate layers, ...
Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise. A financial law professor told Congress in a speech on Wednesday that ...
The U.S. Department of Commerce recently posted data about U.S. real gross domestic product (GDP) on multiple blockchains. The move is an effort to win over President Trump's confidence in the figures ...
IT IS COMMON, in tech circles, to hear a business pitch that is simultaneously simple and baffling. “It is going to be like “X” [insert the name of any successful business], but on a blockchain.” The ...
Distributed ledger technology has the potential to solve some of the most prominent problems in the global economy, such as providing financial services to the 1.7 billion people that comprise the ...
When we speak of an economy, we usually refer to a country or a region where interrelated activities of production, consumption, and trade happen. When we speak of blockchains, we speak of ...
A year ago Bitcoin and other cryptocurrencies were selling at record prices, with a combined market value of around $3 trillion; glossy ads featuring celebrities — most infamously Matt Damon’s ...
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