Understanding NFT marketplaces

The current hype with the non-fungible token (NFT) which started in January 2021 has been enabled by the advances made in the NFT marketplace platforms. Thanks to these platforms, many individuals have been able to make their products available as NFT. The NFT craze has most significantly affected the content creation and arts field. Various …

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What is blockchain technology?

Blockchain is just a decentralised database. What is a database? A database is a data structure used for storing information. This includes data that can be queried to gather insights for structured reporting used by entities to support business, financial and management decisions. Government also make use of databases to store large sets of data which …

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What does “blockchain is a linear sequence of blocks” mean?

Current blockchain based projects are designed to function in a linear sequence; one operation functioning after the other. This is a crucial function so that operations occur precisely in their desired order. This also means that they can be easily added to, and new instructions are not capable of affecting the earlier operations of the script. There …

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