The future of BlockchainThe use of Blockchain is increasingly robust in the financial and telecommunications industry.

A technology that invites us to think about the future.During the last couple of years, various media and publications ( including this blog ) have reported the growing progress that Blockchain development company has had within the Internet.

But it is not possible to talk about this technology without asking an established question within the medium: What now?The current panoramaOne of the main applications of Blockchain , and for which it has received the greatest focus in recent years, is undoubtedly Bitcoin, or cryptocurrency in general (Cryptocurrency).

The latter being an area where the cryptocurrency business has managed to change the paradigm in terms of work practices and models .Hey, what about bitcoin?Somewhere on this timeline - before Blockchain, after blockchain-; the currency, as we know it today, lost much of its initial popularity in finance.

Those that have had the greatest relevance are:In the financial services sector, the Blockchain development application has managed to be adopted within the authorized risk assessment.

As well as the guided management of commercial portfolios.

What’s Yearn.finance?Yearn Finance is an open-source network that automatically moves user funds between DeFi lending protocolsThe platform will switch your holdings between reputable yield farming platforms such as Compound, Aave, and Dydx to maximize APY.This simplistic protocol continuously monitors the market leaders to ensure that your funds remain in the highest paying pools.Yearn.finance FeaturesYtrade.financeThis feature allows users to long or short stablecoins with 1000x leverage.Shorting cryptocurrencies has long been a dream for traders and Yearn makes this dream a reality using this protocol.Yliquidate.financeThe yliquidate.finance feature introduces flash loans in Aave.The purpose of these loans is to liquidate funds in an expedited and efficient manner when needed.Yswap.exchangeThe yswap.exchange feature is another critical component of the Yearn Finance ecosystem.Users can manually deposit funds to and between various DeFi protocols.Iborrow.financeThis feature tokenizes debt in other protocols with the assistance of Aave.This debt can be used in additional DeFi protocols, opening up new liquidity streams for the industry.YFI TokenThe YFI token is the main governance token of the Yearn Finance network.It is used to govern the protocols within the ecosystem.There is a max supply of only 30,000 YFI tokens.The only way aside from trading on exchanges to get YFI is by providing liquidity to one of Yearn Finance’s platforms.Why the Hype?Yearn.finance’s YFI token has been surprisingly strong throughout the past few days.Its price is holding well-within the mid-$20,000 region despite the selloff currently taking place across the aggregated crypto market.There was narrative built throughout the past few months regarding shorting YFI being a higher return way to hedge against BTC.This may be one of the main factors behind its strength, as a short squeeze might have caused its latest rebound.Should you trade YFI?Experienced traders have noted that YFI could be well-positioned to see even more gains in the days and weeks ahead.It is estimated that a move past $30,000 could occur as bulls begin gaining greater control over its trend.The selling pressure that pushed it to this key support level happened due to the declines seen by both Bitcoin and Ethereum.The merger and acquisition spree that the Yearn.finance protocol has been on also contributed to it’s technical strength.The combination of these factors indicate that it could rally higher in the days and weeks ahead.Yearn.finance’s continuation of respective uptrends will certainly bolster YFI’s strength.Visit BlockchainX.tech to learn more about blockchain and crypto.Yearn.finance’s YFI coin has seen a surge in it’s prices recently, even surpassing the humble old Bitcoin.

Their technical strength has proven to be superior and traders are estimating that the YFI Coin will likely cross a whopping $30,000 in the not so distant future.Vist Blockchain.tech to learn more about blockchain & crypto.BlockchainX, The Blockchain Company

Why the Fuss?-ICOs are great when it comes to raising funds for crypto projects.-But there are risks out there such as hackers, crypto whales, frauds, etc., that could compromise this opportunity.-It’s crucial that you protect yourself and your ICO campaign from such threats.-So, let’s see how a secure ICO Dashboard can do that.

.ICO Dashboard SecurityBlockchain KYC:A blockchain-based KYC verification system protects you and your investors from possible frauds and illicit organizations.OTP/2FA:One-Time Password and 2-Factor Authentication systems help you protect your account from unauthorized access.Crowdsale restrictions:Restricting the number of tokens a single user can purchase can protect your ICO from whales and early liquidity which affects the token’s value.Browser Restrictions:Setting up browser restrictions on your web dashboard helps guard against hackers.Token Lock-in:Another feature to guard against early liquidity is Token Lock-in, where investors or owners are not allowed to redeem or sell their tokens for a specified period.Logging & Monitoring:It always pays off to keep an eye on everything that’s going on.

Logging and monitoring features make this task a breeze.Thank You For ReadingICOs have become extremely popular over the years because of the sheer possibilities and versatility they offer.

But there are certain threats that you have to account for before setting off on this journey.A secure and functional ICO Dashboard can make running your campaigns a lot easier.

We wanted to sort it out for you before you start.

So, here are 6 security features your ICO Dashboard should have before for running a campaign.This is BlockchainX, and here is everything you need to know.

Enhanced Efficiency-Supply chains contain complex networks of suppliers, manufacturers, distributors, retailers, auditors, and consumers.-A blockchain’s shared IT infrastructure would streamline workflows for all parties, no matter the size of the business network.-A shared infrastructure would provide auditors with greater visibility into participants’ activities along the value chain.Cost-SavingBlockchain can drive cost-saving efficiencies and enhance the consumer experience through traceability, transparency, and tradability.Traceability-Improves operational efficiency by mapping and visualizing enterprise supply chains.-A growing number of consumers demand sourcing information about the products they buy.-Blockchain helps organizations understand their supply chain and engage consumers with real, verifiable, and immutable data.Transparency-Builds trust by capturing key data points, such as certifications and claims, and then provides open access to this data publicly.-Once registered on the Ethereum blockchain, it’s authenticity can be verified by third-party attestors.-The information can be updated and validated in real-time.Tradability-Using blockchain, one may “tokenize” an asset by splitting an object into shares that digitally represent ownership.-This fractional ownership allows tokens to represent the value of a shareholder’s stake of a given object.-These tokens are tradeable, and users can transfer ownership without the physical asset changing hands.Reducing Counterfeits-Counterfeit consumer goods account for nearly 188 billion dollars of lost revenue regarding prescription drugs alone.-Blockchain enables an individual to verify that a product was sourced accurately and ethically.-Documentation counterfeiting and fraud are also common among diplomas, certifications, and official identification.-Blockchain records can transparently verify certifications and official legal documents effectively.-It can also coordinate record-keeping immutably, which prevents counterfeiting or fraud.Thank You For Reading

What is a smart contract?A smart contract is a program or set of code that helps to regulate digital agreements, transactions over digital currencies, and assets between parties.

It seamlessly ensures the security and integrity of execution.

Smart contracts with blockchain technologySmart contracts are developed using blockchain technology.

Also, smart contracts can be secured, efficient, immutable, accurate, trustable.

Smart contracts are executed by fact-based if-else conditions.

They rely on objective facts and not on the subjective judgments of parties.

Many countries are on the mission of decentralizing their governance with blockchain solutions, and some have dived into the coining of their cryptocurrency to enter the marketplace.

Major industries are trying to leverage customized smart contract application development to automate legal contracts, quality inspection, and other repetitive tasks.

However, it is evident from the financial news updates that crypto and blockchain are hitting our lives with ergonomic use cases and making lives simpler, transparent, and secure in the digital space!In this blog post, let’s start with some vanilla flavors about smart contracts and then traverse through how it works and their varieties based on application!

A smart contract is a computer protocol that executes a task based on pre-defined conditions.

Now, let’s assume that Afrin buys a property from Buna!If Afrin pays Buna as per the deal in the normal transaction, Buna signs off the property ownership through registration.

On the contrary, if Afrin pays less amount and argues with Buna to sign the contract or Buna receives payment and asks for more, they need a third-party or court to resolve the issue.

POC, ok what is it?It might be a little bit of confusion to the person who is doing research on blockchain.

Yes why am saying is that POC is called Proof of Concept, there also another POC, called Proof of Capability.

You might see both terms in searching for blockchain on Google.Actually, Proof of Concept - is a prototype to develop a blockchain Application.Proof of Capability - is a Blockchain Algorithm for the mining process.In the list POW (Proof of work), POS ( Proof of work ), POC (Proof of Capability) and POI (Proof Of Interest) are exploring their full potential in Blockchain Mining Alone.But The Proof Of Concept ( POC) is something unique which have started to rage in blockchain application development alone.Proof of Concept:Proof of concepts is a prototype that you can use to shape up the idea of what you have in your mind to a basic working model.

This will declare and demonstrates the possible solution to develop a blockchain application for any industry.This prototype doesn’t have any code and will be executed initially with MVP (Minimum viable product) which will be set with high-level functionalities that what the blockchain project can cover.Feedback of the MVP from initial customers will be received after implementing the project to live.

Further enhancement will be done in order to complete the goals of the blockchain project.This blockchain development will have 3 stages in its life cycle.1.

The First Stage covers the theoretical explanation of the blockchain projects through a set of proposals2.

DApps are popularly known as decentralized applications, which work based on a peer-to-peer technology without the need for third parties.

It is open-source; thereby, there is not any central authority to control any transaction.

All the transactions carried out by the DApps users are stored in the cryptographic form so that they can avoid failures and save time.Why use a Dapp?The decentralized application stores the records on a public server, not on a single server.

Here are some features of Blockchain Dapps development company that help many industries to grow and operate in an efficient manner.SecurityThe decentralized applications are resistant to hacking.

The information stored on the blockchain is cannot be altered or edited unless the change is approved by the nodes.TransparencyAll the network participants have equal authority over the application.

Dapps allow users to connect directly without any intermediaries and hence the risk of the middleman is neglected.Key factors that you need to consider while choosing a Dapp development companyThere are various factors that determine the time and effort that are required in developing a dApp.Have an estimation of the Dapp:Cost is the prime thing to consider for all of us.

On the way of Bitcoin to the digital world in 2008, there came a technology that introduced a digital ledger for storing the bitcoins and its transaction Which is named Blockchain.Bitcoin, the most notable cryptocurrency, mostly used for trading purposes.

Thus bitcoin implements blockchain technology for its high data storage.What is Blockchain:Literally, as its name suggests blockchain contains blocks of information connected to the chains(public database).In General, Blockchain is a public ledger or a distributed database of all bitcoin transactions.

It is an open-source technology and anyone can access the details at any time.The unique feature of blockchain technology is that digital transactions and information are immutable.

As it is a distributed ledger, there will be no control or central authority of records stored.Benefits of Blockchain:It is an open-source.The decentralization process makes more accessibility with less attack to data forge.Easy data manipulation,(ie., storage and retrieval process of data).Blockchain -Bitcoin :Bitcoin or cryptocurrency is a digital currency used for an online trading process.

Anyone can mine his/her bitcoin.

But, the bitcoin can be used for trading or exchange process only after getting a legal authority and registration from Blockchain.Why Blockchain Technology:Blockchain technology is that it can be accessed by thousands of people at the same time.As it is a decentralized system it is impossible for hackers to hack.This Blockchain Technology is Immutable.The connected nodes can see updates in the block, but cannot be altered or change any information unless they get approval from the other connected nodes.>>Read MoreWhy Bitdeal:We, bitdeal - a Blockchain development company being a monopoly in southern Asian and creating a brand reputation by providing Blockchain as a service.