Blockchain Tech

Blockchain & Metaverse came to the spotlight (again) after Infosys CEO & MD, Mr. Salil Parekh , talked about their dynamic transformations at the World Economic Forum (WEF) Annual Meeting in Davos. He mentioned that these two technologies are the two focus areas the MNC is setting foot on. In addition, he said that interest in quantum computing and metaverse would probably increase in the coming years. The man believes that the metaverse is a potential technology contributing to the organization’s growth and structure. He said, “ We are already putting in the foundation blocks that we can start to work with clients on .” Mr. Parekh also briefed on the real-world applications of the metaverse , forecasting that its use cases will enter the manufacturing and retail sectors soon compared to other industries. Lending information on the blockchain, he revealed that Infosys uses this distributed ledger technology to process transactions between countries and institutions. Finally,...

If you search for a place for innovative technologies, startups will pop up in your mind. Even though early enterprises have creative ideas, the biggest hurdle for startups is to sustain the fierce competition of large companies. There are many reasons that make 60% of startups to be unable to make profits.  With around 13,125+ startups, India has the second most number of startups around the world, followed by the United States. According to a survey, only 2 in 5 startups are able to make successful profits over a certain period of time. To reduce the failure rate of such budding enterprises, we can introduce the revolutionary technology, blockchain, into them. Meet our Blockchain Experts Real-time Challenges Faced by Enterprises and Startups Thanks to the dynamic nature of blockchain technology ! Now, not only startups but also existing enterprises can enjoy the benefits of blockchain. But first, let us discuss some of the challenges faced by both startups and enterprises. The ha...