Introduced in July 2016 by Aaron Davis and Dan Finlay as a pathway to accessing Ethereum applications. MetaMask touts itself to be the bridge that allows you into the future today. MetaMask is a hot wallet which needs internet to connect for full use. With MetaMask,...
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Know your customer originated in the traditional financial sector. This was in response to anti-laundering laws and ensuring that bank services are not being used for fraudulent purposes. In banks, the KYC guidelines stipulate that this process must be completed...
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Blockchain has emerged over the past few years as a key technology in both the private and public sectors. The technology can disburse resources, track and keep records of transactions. Currently, blockchain technology is changing the face of many industries and it is...
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Blockchain technology, an offshoot of the Distributed Ledger Technology is disrupting many industries right now. This disruptive technology also has the potential to cause a wave of change for sustainable environment. Although we have our “nay-sayers”, there’s...
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To understand the smart contract, you need an understanding of the blockchain. An understanding of the blockchain can only be achieved with the sound knowledge of how digital ledgers technology works. The word “smart” being added to a contract makes the whole thing...
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To understand Distributed Ledger, a comparison with General Ledger will help. General Ledger was the bedrock of financial accounting and dates far back as 1458, credited to Benedikt Kotruljević. The double entries principles have maintained its original form and...
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