Blockchain Technology - Cwallet Blog

Blockchain Technology

A collection of 7 posts

Securing Business Transactions with Blockchain Technology

Securing Business Transactions with Blockchain Technology

As the world increasingly embraces digital transactions, securing business transactions is crucial for maintaining trust and protecting sensitive data. Blockchain technology provides a robust solution by offering transparency, immutability, and enhanced security.

What Are Web3 (Blockchain) Domains? How Do They Work?

What Are Web3 (Blockchain) Domains? How Do They Work?

Web3 domains work by using a decentralized domain name system (DNS) that is built on top of a blockchain. This decentralized DNS allows users to register and manage their own domains without the need for a central authority.

Decentralized Apps (DApps) - Features, Merits, and Drawbacks

Decentralized Apps (DApps) - Features, Merits, and Drawbacks

Decentralized applications work differently; instead of using HTTP for communication with centralized databases, they communicate with the blockchain, which is a decentralized database having several nodes (up to hundreds or even thousands) which can hold data over a distributed network

What is KYC in Crypto? How To Create An Account Without it?

What is KYC in Crypto? How To Create An Account Without it?

KYC refers to the obligation of the crypto exchange to conduct individual identity & background checks on its users before allowing them to access its platform. Learn how to create a CCTIP Account without KYC verification

On-chain Vs. Off-chain Transaction: Difference Explained.

Blockchain Technology

On-chain Vs. Off-chain Transaction: Difference Explained.

On-chain transactions are cryptocurrency transactions that take place on the blockchain and are validated by the integrity of the network. Off-chain transactions refer to those that happen away from the blockchain. They involve a third party who acts as a guarantee.

What are the Voting Mechanisms in a DAO?

What are the Voting Mechanisms in a DAO?

DAOs with huge whales could easily tilt the votes to their favor since they have more tokens to spend. Hence, to counter this inefficiency, several DAO voting models were created

What is Distributed Ledger Technology (DLT)?

Distributed Ledger Technology refers to the protocols & supporting infrastructure that enables computers to offer & authenticate transactions & update records in a synchronized manner across a network. DLT makes it easier to protect information.