Share and get +16 +16 blockchain oracles are third-party services that provide smart contract with external information. They serve as bridges between blockchains and the outside world.Scalability and interoperability are often considered the two holy grails of the crypto space. Interoperability is defined as the ability of different softwares to communicate and exchange information with each other effectively. Oracles are a powerful tool that can provide interoperability between different blockchains and communicate with external data sources.Why interoperability is importantThere are several centralized points of failure currently within the decentralized space. Eg. The exchanges act as a portal between the centralized and the decentralized space. However, since they are highly vulnerabl...

Share and get +16 +16 This article will analyze the developments about Blockchain evidence and courts in the USA, China, Azerbaijan, the United Kingdom and Italy.A number of major jurisdictions across the globe have recently addressed the issue of the admissibility of evidence recorded on blockchain in courts. These developments have taken place in a number of ways; some jurisdictions have passed new laws to specifically regulate the legal recognition of blockchain evidence, others have amended existing laws, while certain jurisdictions have published statements clarifying their regulation under existing law.Blockchain Evidence and CourtsUSAThe Federal Government of the United States has not exercised its constitutional power to implement legislation regulating the admissibility of blockch...

Share and get +16 +16 Initial Coin Offering (ICO) is the cryptocurrency’s world public crowdsale. Whenever a project wants to launch a new coin or dApp, they can conduct an ICO to attract investors into their ecosystem.ICO DefinitionThe most alluring part of ICOs is the lack of red tape and formality. More often than not, a company simply has to submit a whitepaper to qualify for an ICO. Companies have been able to raise millions of dollars in mere seconds, thanks to ICOs.In fact, the amount of money that ICOs have raised over the last two years is truly astonishing. In 2017, ICOs raised a total of $5.6 billion. If that sounds shocking to you then think about this.ICOs have already raised $6.3 billion, 4.5 months into 2018 alone!After seeing all these stats, it makes sense as to why more a...