Blockchain Blog
Welcome to Merehead's web development blog. Explore our stories which illuminated approach to clients relationship, design philosophy, technical challenges, and in-house lingo.
EOS is a blockchain-based operating system, customized to the development, deployment and launch of decentralized applications (DApps). The project collected a record 4 billion dollars during the initial supply of coins and entered the top 5 cryptocurrency by capitalization.The EOS ecosystem is faster, simpler and more convenient than Ethereum, …
In August 2018, the consulting company PricewaterhouseCoopers (PwC) published the results of a survey of 600 top managers from 15 countries, during which they studied the issue of introducing the blockchain into the business. The survey showed that 84% of the respondents are somehow involved in working with the new technology, while a quarter of them …
Read more “How to Choose Smart Contract Development Company”
Blockchain is an innovative technology which potential is much greater than the exclusive provision of Bitcoin or broadcast transactions. This technology is used in all sectors of the global economy - from retail sales and logistics to medicine and data storage. At the same time, the most popular application area of the blockchain is the banking sector.This …
Read more “How to Use of Blockchain in Banking: 10 Use Cases”
Creating a blockchain network is not necessarily difficult. For example, Litecoin, Dashcoin or Stellar cryptocurrencies were created by individual people on the basis of other cryptocurrencies, which does not prevent them from taking top positions in the market. In this article, we will look at the three available ways for everyone to create their own …
Read more “How to Create Own Blockchain Network using Ethereum”
You will either introduce the blockchain or disappear, said FedEx CEO Fred Smith at the conference Consensus 2018, speaking on supply chain management. And this is not strange, since, according to the report of the auditing and consulting firm Deloitte, the blockchain is able to solve four main problems of the industry:- ineffective management;- …
Read more “How to Implement Blockchain in Supply Chain Management”
First, let's consider such a thing as Blockchain and briefly find out about it. Blockchainis a digital book that is used to securely record various information, such as transactions. The use of such technology greatly influences how a business will change in the world in a dozen years. This innovative and rapidly developing technology is gaining pace …
The discussion around the blockchain and traditional databases has been active for a long time. The main question is: which of the two different systems is better?Every blockchain is a distributed ledger, but not every distributed ledger is a blockchain. Each of these concepts requires decentralization and consensus among nodes. However, the blockchain …
Read more “Private Blockchain vs Traditional Centralized Database”
Lets describe how you can use the blockchain to store large amounts of data. Cases, examples and infographics in the article.According to PR Newswire, the cloud storage market will grow from $ 30 billion in 2017 to $ 90 billion by 2022, with an annual growth rate of 24%. This means that this sector will be one of the fastest growing in the global …
Many believe that Bitcoin is the future of the financial system. But there is one obstacle that prevents it from achieving its goal - this is scalability. For example, VISA processes on average 4,000 payments per second and can increase throughput up to 65,000 payments per second. Bitcoin can process only seven transactions per second. Not tens of thousands, …
There are three approaches for creating applications on the Hyperledger Fabric blockchain: templates, outsourcing and in-house development. Let us call the pros and cons, the cost and development algorithm for each.How to create an application using templatesHyperledger templates are working and ready-to-launch applications, smart contracts and …
Read more “How to Create an Application on Blockchain Using Hyperledger”