Dive Into the New Age of Blockchain Technology
Smart Contract Development
A smart contract is a self-executing contract between a buyer and a seller, which is being wirtten directly into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. The code controls the execution, and transactions are trackable and irreversible.
A decentralized app, or DApp for short, is an online application that works on a decentralized peer-to-peer network. In most functional ways, DApps are used in the same way as any other software application and can be based on a website or a mobile app. What makes them distinct from normal apps is the fact that they are unkillable, and decentralized, meaning that all activity and data in a DApp runs through a distributed network of machines/nodes i.e., it must run on a blockchain network rather than a centralized server.
DeFi is essentially a conventional financial instrument built on a blockchain. DeFi applications are mostly based on open-source protocols for creating and issuing digital assets. Their advantage, among others, is that they are designed to offer notable benefits of operating on a public blockchain, such as censorship resistance and improved access to financial services. In this way, the DeFi movement addresses an important core criterion of cryptocurrencies, and that is the promise of making money and its transaction universally accessible. In addition, DeFi aims to provide a global, open alternative to every financial service available today. These include the ability to save, take out loans, trade, take out insurance and much more.
Hyperledger is the umbrella open source project that the Linux Foundation has created and hosted since 2015. It aims at advancing and promoting cross-industry blockchain technologies to ensure accountability, transparency and trust among business partners. As a result, Hyperledger makes business network and transactions more efficient. Hyperledger is essentially a hub, where various individual blockchain-based projects and tools that adhere to its defined design philosophy operate under its umbrella.
We Integrate With Your Ecosystem
An increasing number of companies worldwide are using bitcoin and other digital assets for a host of investment, operational, and transactional purposes. As with any frontier, there are unknown dangers, but also strong incentives. Explore the kinds of questions and insights enterprises should consider as they determine whether and how to use digital assets.