Blockchain and Crypto Blog

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

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Exploring Parity Technologies' Substrate

Written By Ivan on Tech

Mar 29, 2021

As of 2021, Bitcoin and cryptocurrencies more broadly have become well-known phenomenons throughout the world. Furthermore, the use of such virtual currencies is growing rapidly as people become increasingly interested in cryptocurrency and blockchain. Along with this heightened interest in crypto, the amount of investments is growing at a similar pace. Blockchain is the technology underpinning cryptocurrencies and which makes them possible. As awareness and adoption of crypto grows, cross-industrial demand for blockchain follows. However, even though most people have heard of blockchain, most of them are unaware of how it actually works and how to build one. Creating a fully functioning blockchain can be challenging and time-demanding. One of the initiatives trying to solve this is Parity Technologies’ Substrate. 

In short, Substrate is a framework of modules that enables developers to create purpose-built blockchains, by combining pre-built or custom modules....

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