DeFi and Yield Farming have been the most popular buzzword among the crypto community in recent months. Some DeFi tokens can skyrocket to more than 10K USD in just a few days but drop back to near zero also in a matter of days! Besides that, people in the crypto community are talking about yield farming instead of mining nowadays, most of you might scratch your head and wonder what the heck is that? …

Traditional P2P lending models are facing many issues. For example, the cost of onboarding customers remains high, so investors are wary of this kind of investment model. Besides that, this area is heavily regulated by the securities commission in most countries. While a handful of P2P companies have been approved to operate their businesses, many more P2P operators who failed to obtain a license are facing the nightmare of shutting down

Traditional P2P lending cannot allow borrowers and investors to directly match financing but rather needs to be handled as a credit intermediary through the P2P lending platform. The financing…

Ethereum is an open-source blockchain-based decentralized platform featuring smart contracts. Indeed, Ethereum is a programmable blockchain that enables developers to build and deploy decentralized applications. Besides, it offers Ether, also commonly known as Ethereum, an alternative cryptocurrency to bitcoin.

Rather than providing users with a set of predefined applications like bitcoin, Ethereum serves as a platform for users to create many different types of decentralized blockchain applications(dapps), including but not limited to cryptocurrencies. Besides that, it also features smart contracts that facilitate all kinds of transactions.

Ethereum Virtual Machine (“EVM”) is the core engine that runs the Ethereum Platform. It…

In the 21st century, humans are facing a full-blown digital revolution! The emergence of Bitcoin has sent shockwaves through the world. Bitcoin has the potential to disrupt the traditional financial and banking industries.

Being the first digital currency, Bitcoin represents the future. It will create huge wealth and has massive investment value. It is worth learning about this new digital asset that will be traded on Qidax, the innovative trading platform based in Australia.

As a rising global currency, Bitcoin has become a major threat to traditional financial institutions and even central governments. Decentralized digital currency solves the fundamental problem…

Recently, Security Token Offering (STO) has emerged as a new option in fundraising in the blockchain/crypto space after ICOs have been banned or heavily regulated in many countries. ICO projects were banned because many of the projects were scams. In China, they called such coins “Air Coins” and in the west, they called them “S**t coins”.

In contrast to ICO tokens which are mostly utility tokens, security tokens are backed by underlying tangible assets that have monetary value, such as stocks, bonds, funds, bank reserves, properties, minerals, and more. …

The automotive supply chain is a highly complex and broad ecosystem with participants ranging from parts suppliers, manufacturers, sellers to aftermarket suppliers. All parts come with certain life expectancy, specific requirements, and maintenance attributes. With thousands of spare parts, hundreds of parameters, and the number of manufactures distributed regionally or globally, the SCM team need to deal with a very large amount of data.

The two most common challenges are the need to keep inventories well-stocked but not overstocked, and the need to deal with the sheer amount of recalls. …

Cryptocurrency is a new asset class derived from nascent blockchain technology. Its phenomenal growth in recent years has attracted many investors who used to invest in traditional financial products to start investing in crypto assets. Reports have shown that there is a significant amount of capital flowing into the crypto market. This capital flow has created an increasing demand for new financial products that cater to the needs of the crypto market.

Indeed, cryptocurrencies are rapidly gaining traction with the general public. According to CoinMarketCap, the total market cap for all cryptocurrencies reached an amazing $739 billion in January 2018…

In a previous article, you have learned that Hyperledger Fabric has a highly modular and configurable architecture. In this article, we shall examine the architecture in more details.

Hyperledger Fabric Network

Hyperledger Fabric is a permissioned blockchain network that provides ledger services to application clients and administrators. It allows multiple organizations to collaborate as a consortium to form the network. The permissions to join the network are determined by a set of policies that are agreed to by the consortium when the network is configured. The network policies may change over time subject to the agreement of the organizations in the consortium.

The…

Undoubtedly, both Bitcoin and Ethereum are amazing blockchain platforms. Bitcoin is the flagship of cryptocurrency while Ethereum features smart contracts on top of its cryptocurrency Eth. Smart contracts allow developers to create decentralized applications (dapps) on the Ethereum ecosystem.

However, both are facing some very challenging issues, one of them is scalability. According to Wikipedia, the transaction processing capacity of the bitcoin network is limited by the average block creation time of 10 minutes and the block size limit. The transaction rate for bitcoin is between 3.3 and 7 transactions per second.

Ethereum does not fare better, its transaction rate…

Human resource management has undergone tremendous changes in recent years particularly with regards to the digitalization of human resource. The emergence of blockchain technology could further transform the world of HR.

According to Griffiths(cited in Gale, 2018), blockchain has the potential to streamline a lot of inefficient work related to employee data verification. Blockchain can store a candidate education, certifications and work history in a single ledger, therefore it would take just minutes rather than days to verify the data. …

Dr.Liew Voon Kiong

Blockchain Architect

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