Blockchain and Crypto Blog

Ivan on Tech Academy provides latest insights and reports about the blockchain industry.

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Exploring Blockchain Scaling Solutions in 2020

Written By Ivan on Tech

Sep 27, 2020

The growth of Ethereum over recent years has propelled blockchain technology beyond what many thought was possible. As the crypto community eagerly awaits the seemingly ever-delayed Ethereum 2.0 upgrade, many are wondering, could Layer-2 solutions provide the sustainable growth and scaling of the network that is needed?

Successful implementation of Ethereum’s Layer-2 solutions can be said to be important  both for the security and overall success of the network, but also the mass adoption of cryptocurrency and blockchain technology. Specifically, scaling solutions are imperative for increased network activity. 

Proponents of Ethereum would say that Ethereum is at the forefront of various fields such as payments technology, financial infrastructure, and global enterprise, but with network congestion and gas fees at all-time highs, scaling solutions are highly sought after, as the demand for Ethereum usage far exceeds the capacity of the network.

In this article,...

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Blockchain Interoperability and Why It Matters For Mass Adoption

Written By Ivan on Tech

Sep 21, 2020

Certain buzzwords are currently making names for themselves in the cryptosphere. Most notably, these include DeFi, NFTs, and oracles. These could conceivably be among the top trends that may act as catalysts for a potential 2020/2021 bull run. Another buzzword that is making the rounds, although perhaps does not receive as much attention as the previously mentioned terms, is blockchain interoperability.

Interoperability fundamentally refers to a seamless exchange process of transactions or data between blockchains. If you are unsure what this means or if you are interested in finding out how this works - read on!

In this article, we will briefly cover how blockchain technology works, why interoperability is such a crucial part in the next stage of cryptocurrency adoption, and live projects and use cases using protocols with blockchain interoperability.

If this peaks your interest regarding blockchain technology in general, then you’ve come to the right...

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Blockchain in Business - Educating Enterprises About Blockchain Technology

Written By Ivan on Tech

Sep 15, 2020

Although blockchain technology is quickly becoming popular among large international firms, many companies still lack the tools and know-how to implement - or even conceive of - blockchain solutions. However, this is not because the “technology isn’t there yet”. The technology exists and is in use today. Instead, the problem is poor blockchain education in enterprise settings. This article offers tips on using blockchain in business and educating your enterprise regarding blockchain technology.

The clear benefits of blockchain technology for enterprises are becoming too evident to ignore. As a result, hundreds of high-profile, international companies are eagerly adopting blockchain technology. Nevertheless, this poses an interesting question - why are certain companies lagging behind when it comes to blockchain adoption?

Those familiar with Deloitte’s Global Blockchain Survey will know that the main barriers to the adoption of blockchain technology in large...

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Blockchain in Healthcare: How Blockchain Can Revolutionize The Medical Industry

Written By Ivan on Tech

Sep 14, 2020

The traditional healthcare field is beset by systemic issues. Specifically, there is a huge lack of data transparency in clinical research worldwide. This opens the door for corruption, fraud, and administration errors to occur. Moreover, the healthcare industry is fragmented and communication between researchers, analysts, patients, and medical professionals could be drastically improved by the use of blockchain technology. 

The use of blockchain in healthcare can help to improve patient outcomes, while also helping to bridge the various entities within the industry, allowing teams across the sector (and the various sub-sectors) to become interoperable in their research and analysis in a trustless, permissionless way.

In the following article, we discuss how the use of blockchain in healthcare can revolutionize the way the industry communicates, and how the many security features of the blockchain can benefit medical institutions, staff, and patients while saving time and...

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Blockchain Technology in Practice: Top 10 Blockchain Use Cases

Written By Ivan on Tech

Sep 06, 2020

Many analysts believe blockchain technology may represent a paradigm shift akin to the introduction of the internet. When all is said and done, blockchain technology may end up becoming the greatest invention of the 21st century. However, despite its numerous use-cases, many still believe that blockchain equals bitcoin. We don’t know about you, but that doesn’t sit right with us. So, in this guide, we will be looking into some top 10 blockchain use cases. These are all use cases that show that blockchain technology applications lie far beyond merely powering a monetary system.

What are the use cases for blockchain?

To preface and more properly understand these use cases, let’s first revisit the three main properties of blockchain technology. 

  • Decentralization: One entity doesn't control the data inside the blockchain. In other words, blockchains don’t have a centralized governing body running in the background calling all the shots. The blockchain is...
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How To Keep Up-To-Date In Crypto: 10 Essential Research Tools

Written By Ivan on Tech

Sep 03, 2020

As you probably know, blockchain technology is one of the fastest-growing industries right now, with breaking news, updates, and fresh innovations reaching the market almost daily. Consequently, it can be difficult to keep up-to-date in the crypto industry and a little overwhelming at times! 

Specifically, there are several key indicators used by successful traders and investors to get real-time updates and time-sensitive data to stay ahead of the market and avoid getting rekt. Of course, one of the best ways to learn more about crypto is to enlist in a top-of-the-line blockchain academy, such as Ivan on Tech Academy. Nevertheless, there are also many other research tools you can employ to stay up-to-date with the latest crypto news!

How To Keep Up-to-date In Crypto

As such, we’re going to take a look at some of the best and most important ways to stay informed within the crypto space. Knowing exactly where to look and where to find information first, gives you a...

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Explaining Oracles - What Are Blockchain Oracles?

Written By Ivan on Tech

Aug 31, 2020

Oracles can sometimes be seen as the less glamorous side of blockchain technology, and are often taken for granted with some of the foundational support oracles provide in projects. What makes oracles so special? And why do we need oracles?

In this article we shall explain what oracles are and their role in the blockchain ecosystem, how oracles and smart contracts work together, and examples of the popular types of oracles in the cryptocurrency market today. Read on for a full breakdown of blockchain oracles!

What is a Smart Contract?

The first smart contract idea was proposed by Nick Szabo in 1994, however, it wasn't until 2015 when Vitalik Buterin launched the Ethereum Network, that smart contracts became deployable and used by developers.

Ultimately smart contracts are pieces of code that can move money from one account address to another, upon specified conditions being met.

Smart contracts can be for personal or enterprise use. You could create a smart contract to bet between a...

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Definition and Use Cases of Non-Fungible Tokens (NFT)

Written By Ivan on Tech

Aug 24, 2020

There appears to be an ever-increasing amount of information to learn about the various blockchain ecosystems. One of the terms that has recently seen an upswing in interest surrounding NFTs. NFTs (Non-Fungible Tokens) are becoming more established as the crypto sector heats up in what many hope will constitute a 2020 - 2021 bull run. So, what are NFTs?

In properly answering that question, however, we need to take a closer look at what non-fungible tokens, or NFTs, offer. Specifically, NFTs are bringing valuable assets to the blockchain through a wide array of industries including gaming, art, fashion, and real estate.

In this article, we’ll explore some of the key use cases for non-fungible tokens. We’ll also look at some of the latest token standards, how they are implemented, and what gives them value. First and foremost, however, we need to take a look at what blockchain technology actually is.

What is Blockchain Technology?

You may be familiar with blockchain...

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How to Go Full-Time with Crypto: The Best Blockchain and Cryptocurrency Courses

Written By Ivan on Tech

Aug 21, 2020

If you have stumbled across this page looking to learn more about the different kinds of Bitcoin and cryptocurrency courses available, welcome - you have come to the right place!

Ivan on Tech Academy is the largest online blockchain education platform offering a broad range of certified courses that can equip a beginner with zero programming, computer science, or engineering experience, into becoming a professional full-stack blockchain developer within months. In fact, Ivan on Tech Academy is one of the most comprehensive blockchain academy platforms available anywhere in the world. 

Depending on your time and energy commitment, Ivan on Tech Academy can train you to be an industry-ready programmer in as little as 12 weeks. The Academy is also an ideal place to gain certifications in cryptocurrency and blockchain alongside your current position, setting you up to go full-time crypto in the future.

Ivan on Tech Academy is for anyone wanting to work in blockchain or...

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Samsung and Blockchain - What is the Samsung Blockchain Keystore?

Written By Ivan on Tech

Aug 20, 2020

Anyone familiar with blockchain technology will know that cryptocurrency adoption was one of the primary drivers behind the advent of the latest blockchain boom. Yes, blockchain is in use across many industries, and various well-known, billion-dollar companies are adopting blockchain like never before. Despite this, however, cryptocurrency adoption is still an incredibly powerful driver when it comes to boosting general awareness regarding blockchain technology. As such, the Samsung Blockchain Keystore is something that deserves some attention.

First and foremost, you might be asking, “what is the Samsung Blockchain Keystore?”. Although you will likely be familiar with Samsung Electronics, the South Korean electronics company behind the Samsung Galaxy S and Samsung Galaxy Note series of mobile phones. 

Moreover, it may surprise some to learn that Samsung is quite actively pursuing both blockchain technology and supporting broader cryptocurrency adoption. This...

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