Demystifying dApps: The Ultimate Guide for Beginners

Decentralized applications, commonly known as dApps, are one of the most exciting technologies to emerge from the blockchain revolution. dApps are digital applications or programs that exist and run on a decentralized peer-to-peer network rather than a single computer. This differs from apps as we know them today, which are built around centralized services and…

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Birake Exchange taps on IDVerse for KYC onboarding

Billed as the first “white label” cryptocurrency exchange, Birake has named IDVerse as its new partner for KYC onboarding procedures. IDVerse (previously known as OCR Labs Global), a company that specializes in customer identity verification and fraud protection, will allow Birake users to authenticate their identities in minutes. The announcement comes amid growing efforts by…

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What is a Smart Contract?

Smart contracts are self-executing lines of code that facilitate automated transactions and agreements between parties. They are a key underlying technology enabling the decentralized models emerging across finance, organizations, governance, and more. In this article, we take a deep dive into this revolutionary tech; its basics, history, and functionality. Smart Contract Basics At a basic…

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