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The Importance of #Blockchain The blockchain technology helps remove the middleman as it performs these three vital roles: •Records all transactions •Establishes identities •Establishes contracts (typically a prerogative of the financial services sector) #IMADTechnology
#SmartContracts are simply programs stored on a #blockchain that run when predetermined conditions are met. They typically are used to automate the execution of an agreement. #IMadTechnology #HiTech #NFTCommunity
Anyone can participate in #PublicBlockchains and at any level. They have open source code, which is maintained by the community. #IMADTechnology #Blochchain #NFT #NFTS #Cryptocurrency #Digital #DigitalTransformation #PublicBlockchains #MetaVerse
They are big and distributed systems, and also use a native token. In permissioned blockchains, the core code may or may not be open source. #IMADTechnology #Blochchain #NFT #NFTS #Cryptocurrency #Digital #DigitalTransformation #PermissionedBlockchains #MetaVerse
NFT 2022: 5 popular trends to look out for this year - NFT avatar casting - Community owned branding - Tokenisation and gaming - Music NFTs - Digital tagging and ownership #IMADTechnology #Blochchain #NFT #NFTS #Cryptocurrency #Digital #DigitalTransformation #MetaVerse
#SmartContracts are simply programs stored on a #blockchain that run when predetermined conditions are met. They typically are used to automate the execution of an agreement. #IMadTechnology #HiTech #NFTCommunity
#SmartContracts are simply programs stored on a #blockchain that run when predetermined conditions are met. They typically are used to automate the execution of an agreement. #IMadTechnology #HiTech #NFTCommunity
The Importance of #Blockchain The blockchain technology helps remove the middleman as it performs these three vital roles: •Records all transactions •Establishes identities •Establishes contracts (typically a prerogative of the financial services sector) #IMADTechnology
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