optimusfox

Benefits of Blockchain that Can Transform Finance Industry

Among all the industries, banking and finance have the potential to enjoy the benefits of blockchain due to the efficient process and decentralized solutions it offers. Moreover, blockchain technologies offer customized solutions to tailor business demands at lower costs.    Over the few years, blockchain technologies have matured for enterprise-level businesses offering high-quality security and ensuring […]

What are Decentralized Exchanges?

Decentralized exchanges allow users to buy and sell cryptocurrencies through peer-to-peer transactions eradicating intermediaries. In other words, it is a departure from traditional exchanges where a third party holds the authority to transfer assets between two parties.    DEXs were created to remove the requirement for any authority to oversee and authorize trades performed within a specific […]

How Smart Contract Integration Add Value to MLM Marketing?  

MLM marketing operates over an expandable approach where existing people encourage people to join and expand the network. In this model, the contribution and performance of every member are very essential for the whole network. Hence, it is necessary to build a connection between wholesalers and consumers as both of them serve as a base […]

Tools To Test Blockchain Applications

Blockchain applications are being adopted globally, especially by some prominent industries like supply chain and finance because of their decentralized nature. To determine the multiple ways applications, support blockchain technology testing is important. Moreover, blockchain testing allows exploring the scope of this emerging technology and the opportunities it brings for multiple industries.   Blockchain is a decentralized ledger […]

What is KYC? How is It Important for Crypto?

As cryptocurrency undergoing multiple controversies, people are exploring what is KYC and how can it benefit them. Many crypto exchanges around the globe making KYC verification mandatory to stop uninterrupted access. On the other hand, people do not like regulations where they need to share their data. In these circumstances, it is essential to understand […]

How Blockchain Hyperledger helps Businesses?

Nowadays, technologies are modifying operating models in various industries; blockchain Hyperledger is one of them. With the advancement in technology, organizations are looking to have secure and private database solutions. Furthermore, businesses are looking for systems that can fulfill their enterprise-level needs and help them to win customer trust.  If you are somehow familiar with […]

How to Avoid Crypto and Blockchain Risks?

As blockchain technologies gaining momentum globally, the blockchain risks are also increasing in numbers, referring to volatility and lack of stability. Furthermore, the unpredictability of the crypto market brings a lot of questions against the potential blockchain do have. No doubt, blockchain has the power to build transparency and high-level security, but it is still […]

Blockchain Smart Contracts : Applications and Challenges

Blockchain Smart contracts has the potential to transform conventional industries and business operations.  Traditional agreements require a third party in a centralized system to execute agreements between parties. Contrary, smart contracts automate agreement execution eradicating third party’s intervention. These contracts are stored, modified in a blockchain that adds security and privacy there.   What do Smart […]

Best Cryptocurrency Wallets in 2022

Whether you have crypto coins or you are planning to have them in the future, a cryptocurrency wallet is your need. Therefore, you need to know what does crypto wallets do and their different type. It will enable you to choose the correct one according to your requirements.  What is a crypto wallet?  A cryptocurrency […]

Blockchain as a Service – How To Choose Right Blockchain partner?

Blockchain as a service makes it easier for startups and businesses to develop blockchain applications without hiring a blockchain development team. It not only makes the process cost-effective but also reduces risks. It is becoming proficient for businesses; as they can market and launch blockchain-based applications and solutions like the smart contract, NFTs, etc. Amazon […]