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What is a dApp?Decentralized applications (dApps) refer to software applications that execute on peer-to-peer distributed networks by combining smart contracts with a frontend user interface. On the blockchain, such as Ethereum, smart…

The introduction of generative AI systems into the public domain exposed people all over the world to new technological possibilities, implications, and even consequences many had yet to consider. Thanks to systems…

A blockchain oracle is a third-party service or software that provides off-chain data to a blockchain smart contract. The decentralized web3 ecosystem requires access to existing legacy systems, advanced computations, and data sources.…

Historically, the Chief Financial Officer (CFO) role had been strictly focused on accounting for financial information. These days, there’s a need — and even some pressure — for CFOs to evolve their scope and…

Uniswap is an automated liquidity technique that relies on a fixed product formula. It is executed in the Ethereum blockchain-based system of non-upgradable smart contracts.The following blog provides a deep understanding of the Uniswap…

Welcome to our Web 3.0 Business Models blog, where we explore the exciting world of decentralized technologies and their potential to transform traditional business models. As we enter the era of Web3, we see a fundamental shift in the way…

The DeFi flash loan is an uncollateralized loan where crypto assets can be borrowed without upfront collateral as long as the borrowed assets are returned in a single, instantaneous transaction. In case, the user is unable to repay the loan…

“No private key, no crypto” is the statement that users need to understand in the crypto world. In simpler terms, the user needs to know that the holder of the private key will have access to the crypto funds. Earlier, we discussed…

Decentralized Finance (DeFi) is the financial system built on decentralized blockchain technology. It achieves distributed consensus by utilizing smart contracts over the blockchain, such as Ethereum. It is linked explicitly with the…

Over the past decade, blockchain technology has proved that it’s one of the most encouraging developments of our time. It leads to increased efficiency from transparency in records and one source of truth, by creating one copy of a ledger…