Camille Roux

Camille Roux

1621580166

N2 - The Next-Generation Blockchain Banking Platform

Here is an interesting blog on what N2 Coin (N2C) is and how its introduced the new-age solution to financial challenges called GloFi.

Read More >> https://camillemimiroux.medium.com/n2-the-next-generation-blockchain-banking-platform-479cfafca5da

#blockchain #cryptocurrency #n2coin #finance #bank

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Buddha Community

N2 - The Next-Generation Blockchain Banking Platform

Devin Pinto

1622187022

Tangle vs Blockchain: Difference Between Tangle & Blockchain

Cryptocurrency is a digital medium of exchange that uses encryption to send and receive money. The most frequently utilised cryptocurrency for which Blockchain technology was created is Bitcoin. Despite the fact that Blockchain has been the standard cryptocurrency technology for the past few years, concerns about speed and scalability have led to the creation of other solutions.

Tangle is a relatively young cryptocurrency. In this essay, we’ll look at the latest dispute between Tangle and Blockchain to see which is the better option.

What is Blockchain?
Blockchain is a transaction ledger that is cryptographically secure. Bitcoin, Litecoin, and Ethereum, as well as other cryptocurrencies, are all accepted. The ledger is made up of transaction blocks that are cryptographically connected to each other. Each block is linked to the previous one, preserving the ledger’s whole history.

All of the machines involved in these transactions are known as nodes. Each node authenticates transactions independently. This means that after both nodes have confirmed a transaction, it can proceed.

Want to learn more about Blockchain Technology? Blockchain certification courses could be the best to get started with.

What is Tangle?
Tangle is a bitcoin transaction technology that works in a similar fashion to Blockchain. Here, a directed acyclic graph (DAG) is used, which is similar to a distributed ledger. DAG is not governed by any external entity, such as a bank or a financial organisation.

Tangle is IoT-friendly, which is the cherry on top (Internet of Things). The Internet of Things (IoT) is a network of interconnected devices that can exchange data and communicate with each other. Tangle will be able to conduct large-scale transactions between multiple linked devices swiftly and seamlessly as a result of this.

What are the differences between a tangle and a blockchain?

Structure — A blockchain is made up of a lengthy, ever-growing chain of nodes, or data blocks, each one linked to the one before it. A tangle, on the other hand, is made up of data nodes that all flow in the same direction. And, unlike blockchain, which may technically loop back on itself in a circular pattern, the tangle can only go in one direction at a time and cannot reverse. This enables speedier data transport.

Security – Due to its arduous block-formation process, which involves the solution of a mathematical problem and verification through group consensus, blockchain has a higher level of security. Before a device can complete its own transaction and thus create a data node, it must first validate two previous transactions. The tangle is less secure than blockchain due to this less robust procedure.

Decentralization — Both blockchain and the tangle are decentralised systems, which means they are free of outside meddling and the fees and hurdles that come with it. The tangle, however, has had to erect a safety net, which it refers to as a “coordinator node.” This node effectively puts a centralising aspect into the tangle’s structure, putting to rest claims that it allows for entirely independent, uninterrupted transactions between IoT units.

Wrapping up

In this case, blockchain has a clear advantage. It’s significantly more secure than Tangle and supports decentralised apps. Blockchain is becoming more popular among businesses and users for cryptocurrency transactions.

Tangle is still in its infancy and has faults. The technique can’t be labelled truly decentralised because it relies on a central coordinator node. This node checks that transactions are genuine, however Tangle data is not entirely self-contained in this regard. Because the node addition protocol is less precise than Blockchain, it is also less secure.

#blockchain technology #blockchain professionals #blockchain platform #blockchain platform #blockchain council

Murray  Beatty

Murray Beatty

1597752083

Banks Must Bet Big On AI And Blockchain: Prasanna Lohar

Prasanna Lohar currently works as Head – Innovation & Technical Architecture at DCB Bank. As a part of DCB’s digital transformation, he is firmly focused on innovative customer servicing, technical architecture implementation, and adoption of emerging technologies for banking.

Prior to this role, he was the Digital Bank Head for DCB where he leads various technology projects including Implementation of Aadhaar & biometric-enabled innovations, omni-channel architecture, API management, fintech – startups – institutes alignment, payments innovation, DevOps, cloud computing, big data, robotic process automation, artificial intelligence, IoT And blockchain.

To boost innovation for the bank, Prasanna launched DCB Bank Innovation Carnival, where he leveraged hackathons & accelerator programs and mentored more than 250 Startups in India during this program. He has led projects involving emerging technologies for various banking processes, including AI for fraud risk management, biometrics for multi-factor authentication, and blockchain POCs for payments, verification and reconciliation functions.

#people #ai in banking #banking #blockchain #blockchain india #blockchain technology #dcb bank

Devin Pinto

1606217442

Blockchain Certification | Blockchain Training Course | Blockchain Council

In all the market sectors, Blockchain technology has contributed to the redesign. The improvements that were once impossible have been pushed forward. Blockchain is one of the leading innovations with the ability to influence the various sectors of the industry. It also has the ability to be one of the career-influencing innovations at the same time. We have seen an increasing inclination towards the certification of the Blockchain in recent years, and there are obvious reasons behind it. Blockchain has everything to offer, from good packages to its universal application and futuristic development. Let’s address the reasons why one should go for Blockchain certification.

5 advantages of certification by Blockchain:

1. Lucrative packages- Everyone who completes their education or upskills themselves wants to end up with a good bundle, not only is one assured of a good learning experience with Blockchain, but the packages are drool-worthy at the same time. A Blockchain developer’s average salary varies between $150,000 and $175,000 per annum. Comparatively, a software developer gets a $137,000 per year salary. For a Blockchain developer, the San Francisco Bay area provides the highest bundle, amounting to $162,288 per annum. There’s no point arguing that learning about Blockchain is a smart decision with such lucrative packages.

2. Growing industry- When you select any qualification course, it becomes important that you choose a growing segment or industry that promises potential in the future. You should anticipate all of these with Blockchain. The size of the blockchain market is expected to rise from USD 3.0 billion in 2020 to USD 39.7 billion by 2025. This will see an incredible 67.3 percent CAGR between 2020-2025. To help business processes, several businesses are outsourcing Blockchain technologies. This clearly demonstrates that there will be higher demand in the future for Blockchain developers and certified Blockchain professionals.

3. Universal application- One of the major reasons for the success of Blockchain is that it has a global application. It is not sector-specific. Blockchain usage cases are discovered by almost all market segments. In addition, other innovations such as AI, big data, data science and much more are also supported by Blockchain. It becomes easier to get into a suitable industry once you know about Blockchain.

**4. Work protection-**Surely you would like to invest in an ability that ensures job security. You had the same chance for Blockchain. Since this is the technology of the future, understanding that Blockchain can keep up with futuristic developments will help in a successful and safe job.

**5.**After a certain point of your professional life, you are expected to learn about new abilities that can help enhance your skills. Upskilling is paramount. Upskilling oneself has become the need for the hour, and choosing a path that holds a lot of potential for the future is the best way to do this. For all computer geeks and others who want to gain awareness of emerging technology, Blockchain is a good option.

Concluding thoughts- opting for Blockchain certification is a successful career move with all these advantages. You will be able to find yourself in a safe and secured work profile once you have all the knowledge and information. Link for Blockchain certification programme with the Blockchain Council.

#blockchain certificate #blockchain training #blockchain certification #blockchain developers #blockchain #blockchain council

Blockchain, The Next Level Transaction Medium for Banking and Financial Services

The digital revolution has changed the game for the banking and financial sectors. This industry started to undergo total digital transformation to make services more customer friendly and secure. When the banking and financial transactions became more digital there were new challenges in the form of cyber-attacks, which cost businesses customers and revenue. Here is where Blockchain ensures a full stack of security in financial digital transactions.
To get in depth knowledge on blockchain , enrich your skills on Blockchain online training professionals
What Blockchain Means to the Banking and Financial Sector
Blockchain technology is bringing in a new phase in executing tasks with ease and decreasing chances of vulnerability to risk. With digital transactions being driven by the mobile revolution, paper currencies have become less common. A step further into digital-based transactions are today’s most talked about: cryptocurrency, an alternative form of digital currency.

Unlike typical digital currency that uses a centralized banking system, cryptocurrencies work on ‘decentralized’ control that uses a distributed ledger technology called ‘blockchain’. The blockchain is fast-emerging as a public financial transaction database for the secured next-Gen digital transaction involving cryptocurrency. This is the reason why blockchain technology is so popular.

How BlockChain is Transforming the Financial Sector
Banking is one key area of the financial sector that is more sensitive and vulnerable to cyber threats because of huge reserves they hold in their databases. In recent years, various banks around the globe have reported serious cyber threats that involved a direct attack on centralized databases causing the loss of billions of dollars.

This eventually resulted in governments issuing strict directives and now, large banks have started looking at ways to adopt advanced decentralized asset solutions like blockchain.

Surveys show top managers of global banks are starting to use blockchain in the financial sector owing to the technology’s ability to decrease costs and add security.

Blockchain offers a high level of security when receiving and transmitting data. It ensures an open and transparent network infrastructure while permitting a decentralized and low-cost operation approach. This is what makes blockchain an attractive solution for businesses in the financial sector. Learn more from Blockchain online course

Current-day transactions involve mediators to facilitate transactions, which makes the end-user banking services cost more. Whereas, blockchain holds a special advantage here by avoiding the need for an additional medium to perform transactions and provides the services at a lower cost.

Some of the key advantages blockchain offers over traditional systems include:

Faster bank-to-bank and international transactions at a lower cost
Provides a single client identification system that stores user details in a single instance
Shares client information with other banks in a safe and secure way
Blockchain can replace SWIFT transfers
Global banking institutions that have already tested and implemented blockchain report they are able to meet legal requirements and compliance with data protection regulations while using blockchain solutions.

Blockchain is also considered by many as an effective means of data processing and storage along with credibly performing authorized transactions. With more optimized payments facilitation, the distributed ledger system of blockchain reportedly accelerated transaction speeds while also saving costs associated with processing transactions. Many global securities exchanges that see continuous and huge trillions-worth transactions have also reportedly launched blockchain-based solutions.

Many firms have also reaped the benefits of utilizing blockchain for many other financial market utility services involving clearance, settlement and other intermediary functions.

In Conclusion
Blockchain comes as a safe and effective means of dealing with digital transactions, maintaining ease in processing transactions of any size in a shorter time-frame and enhanced cost-savings. This ultimately results in enhanced quality of end-user services with efficiency, security, speed and cost-savings in place
I hope you reach to a conclusion about BlockChain technology transactions. You can learn more from blockchain online training Hyderabad

#blockchain online training #blockchain online course #blockchain training #blockchain course #blockchain online training hyderabad #online blockchain training

Camille Roux

Camille Roux

1621580166

N2 - The Next-Generation Blockchain Banking Platform

Here is an interesting blog on what N2 Coin (N2C) is and how its introduced the new-age solution to financial challenges called GloFi.

Read More >> https://camillemimiroux.medium.com/n2-the-next-generation-blockchain-banking-platform-479cfafca5da

#blockchain #cryptocurrency #n2coin #finance #bank