Published in Coinmonks·May 1How environmentally friendly is NFT mining?A non-fungible token (NFT) is a unit of non-transferable data stored in a blockchain, a type of digital ledger. Although NFT ledgers claim to provide official certificates or proof of ownership, the legal rights granted by NFTs can be ambiguous. In other words, an NFT is a token that can…Nft5 min read
Published in InsiderFinance Wire·Jan 18How Blockchain is Changing the World of Art ForeverThe two core stakeholders in the ecosystem of arts — artists and collectors — have been facing different issues for long. Artists generally find it hard to monetise their work while collectors complain about art being too expensive. They can take a deep breath now for unique solutions have arrived…Blockchain Technology4 min read
Published in DataDrivenInvestor·Dec 28, 2021A revolution in the art world has started, thanks to blockchainThe proliferation of art galleries and museums in the last few decades changed the world of art substantially. In the earlier years, artists were dependent on fairs and a few patrons to showcase their work and earn livelihood. Another revolution is in the making. Powered by blockchain technology, it builds…Blockchain Technology4 min read
Published in Coinmonks·Dec 20, 2021Blockchain creating a new world order for artArt is a field quite unlike others — it brings in a unique mix of personal passion and a lucrative investment. It is a challenging market to enter, however, as the prices of the best artworks are astronomically high, making it difficult for art lovers to buy good art and…Blockchain5 min read
Published in InsiderFinance Wire·Oct 18, 2021How Vulnerabilities in DeFi Smart Contracts Create Unprecedented Earning Opportunity for DevelopersImmutability of blockchains make them practically secure. But does it make blockchain-based Decentralized Finance or DeFi projects protected from all sorts of threats? …Defi4 min read
Published in DataDrivenInvestor·Oct 4, 2021Cross-border Integration of Fast Payment Systems between India and SingaporeIndia and Singapore share close cultural and economic ties. Especially after watershed 1990 economic reforms by P.V. Narsimha Rao regime in India, trade activities between the two countries have significantly jumped. This bolstered economic activities between the two countries. Moreover, this culminated in the Comprehensive Economic Cooperation Agreement (CECA) between…Banking4 min read
Published in Coinmonks·Sep 23, 2021DeFi Trends & Hacks of 2021That’ll Make Your Hair Stand on End — People are participating in the DeFi saga without knowing the potential risks! Decentralized Finance colloquially known as “DeFi” aims to disrupt the traditional financial institutions such as banks, exchanges with cryptocurrency, majority of which runs on Ethereum Blockchain. The recent DeFi upsurge has invited various associated risks along with it…Defi8 min read
Published in InsiderFinance Wire·Aug 8, 2021Digitization of Corporate Banking: An OverviewThe corporate banking sector began to experience the digitization wave long before the COVID-19 epidemic showed up. However, the pandemic has paved the way for vigorous digitization of corporate banking, for organizations to sustain and grow. …Corporate Banking4 min read
Published in Coinmonks·Jul 20, 2021How can developers earn on Gitcoin while contributing to XDC, an open-source projectThe arrival of blockchain-based ecosystems has brought in new monetization opportunities for open-source developers. They can search for active bounties on Gitcoin. — Days, when enthusiastic and generous developers burned the midnight oil to create software for free, are way behind. …Open Source6 min read
Published in InsiderFinance Wire·Jun 27, 20215 Factors Banks Should Consider While Selecting a Card Payment ProcessorBank account holders today unarguably want instant and secure payment options whether they are using a credit card, debit card, or an e-wallet. On the back-end though, the banks cannot roll out such performance all on their own. They have to integrate their cards with a payment processor. The choice…Payment Systems5 min read
