Blockchain is a decentralized and distributed digital ledger technology that records transactions across multiple computers in a way that ensures the recorded data cannot be altered retroactively without the consensus of the network participants. Each transaction is stored in a “block,” which is linked to the previous block, forming a “chain.” This structure provides transparency, security, and integrity, as it allows participants to verify and audit transactions without the need for a central authority. Blockchain is often associated with cryptocurrencies like Bitcoin but has potential applications in various fields, including supply chain management, healthcare, finance, and more, due to its ability to provide a secure, immutable record of transactions and information.
The launch of Hamta in Tehran marks Iran's ambitious venture into AI, metaverse, and blockchain, aiming to revolutionize sports and public services. The Iranian Ministry of Sports and Vice Presidency…
Crown U merges AI and blockchain to revolutionize mobile sports gaming, enhancing player experience and financial benefits for collegiate athletes. Sparq's innovative approach offers dynamic, multiplayer environments for cross-sport competitions,…
Chiliz is revolutionizing fan engagement by combining sports passion with blockchain technology through its platform, Socios.com. The platform boasts two billion tokens staked, reflecting strong global trust and confidence among…
Lightchain AI pioneers the integration of artificial intelligence and blockchain technology through its Artificial Intelligence Virtual Machine (AIVM). The Proof of Intelligence (PoI) consensus mechanism rewards nodes with AI computations,…