What is NFT(Non-Fungible Token)? NFT stands for “Non-Fungible Token.” It’s a type of digital asset that represents ownership or proof of authenticity of a unique item or piece of content using blockchain technology. Here are the key characteristics of NFTs: NFTs have generated considerable interest and controversy due to their role in digital art sales,…
What is the Cloud computing? Cloud computing refers to the delivery of various computing services, including servers, storage, databases, networking, software, analytics, and intelligence, over the internet (the “cloud”). Rather than owning and managing physical hardware and software, individuals and organizations can access and use these resources on-demand from cloud service providers. Cloud computing offers…
Structure of distributed ledger A distributed ledger is a type of database structure that is decentralized and maintained by multiple participants or nodes across a network. It is designed to provide a secure, transparent, and tamper-resistant record of transactions and data. The structure of a distributed ledger can vary depending on the technology and specific…
Blockchain technology, digital identity Blockchain technology and digital identity are two separate but interconnected concepts in the realm of technology and security. Let’s explore each of these concepts individually: Blockchain Technology: Digital Identity: Connection Between Blockchain and Digital Identity: Blockchain technology can enhance digital identity solutions in several ways: Overall, blockchain technology has the potential…
What is artificial intelligence? Artificial Intelligence (AI) is a broad field of computer science that focuses on creating systems and machines capable of performing tasks that typically require human intelligence. These tasks encompass a wide range of activities, including but not limited to: AI can be further categorized into two main types: AI technologies have…