Sustainable Business Management; Technology 5.0 And Sustainable Development Introduction: It won’t be wrong to say that blockchain technology has taken over the world by a storm. Thanks to the cryptocurrency realm and it’s massive success, blockchains are soon becoming a mainstream phenomena. While the likes of Bitcoin have garnered enormous popularity amongst the investors and […]
Tag: proof of work
What is Hash Function in Blockchain? How is it used in Proof of Work?
One of my friends is very bullish on cryptocurrency. He claims that it is the future of money and has the potential to change the world we live in. I couldn’t agree more. However, just like most of the speculators, he finds it annoying when someone talks about the underlying blockchain technology. He might be […]
How Bad is Bitcoin for Environment? The Impact of Bitcoin Mining
While everyone was busy conforming to the societal norms laid out since the 19th century, there was one person (or a group) called Satoshi Nakamoto, who decided to change how it all worked. About a decade later, we don’t need a proof of the fact that whatever he/they set out to do, is well on […]