Category: Blockchain Development

Blockchain cybersecurity has recently emerged as a breakthrough solution for the increasing threat of cyber attacks. According to a report by MarketsandMarkets, the blockchain cybersecurity market is expected to grow from $90.4 million in 2020 to $1.4 billion by 2026, representing a compound annual growth rate (CAGR) of 58.9%. This underscores the urgent need for businesses and individuals to take proactive steps to safeguard their digital assets. In this blog, we will explore the emergence of blockchain as a potential solution to the cybersecurity challenges, the leading blockchain security company, and how blockchain technology can revolutionize cybersecurity.

Blockchain technology has come a long way since its inception in 2008. Today, it is used in various industries and applications, ranging from finance to supply chain management, and even gaming. However, the success of blockchain technology largely depends on its infrastructure. Blockchain infrastructure refers to the underlying technical framework that supports the functioning of blockchain networks. In this article, we will discuss what blockchain infrastructure is, the types of blockchain infrastructure, why blockchain needs an infrastructure, and how to build a blockchain infrastructure.

In recent years, the blockchain industry has experienced unprecedented growth, and the use of oracles has played a significant role in this development. According to a report by MarketsandMarkets, the global blockchain market size is projected to reach USD 39.7 billion by 2025, with a CAGR of 67.3% during the forecast period. Oracles, which act as bridges between blockchain networks and external data sources, have emerged as essential components that enable the blockchain to operate in the real world. Oracle Blockchain, a powerful tool that provides tamper-proof inputs and outputs for smart contracts, has become a game-changer in the industry, allowing for more complex and diverse applications. In this blog, we will delve deeper into the concept of Oracle on a blockchain, examine an example of an Oracle Blockchain, and discuss its importance. We will also explore the leading blockchain oracle and how oracles generate revenue. Let’s get started!

Learn about ICOs and blockchain development, including what they are, how they function, what their benefits are, and some examples of initial coin offerings.

Insurance firms are overturning the traditional model in order to provide innovative services to customers with better protection for less money. Meanwhile, blockchain is one of these disruptive technologies, which companies like Etherisc and B3i are using to bring transparency, efficiency, and trust to the insurance industry. As one of the most recent trends in the insurance industry, blockchain provides numerous advantages to both consumers and insurers. While some startups use blockchain to mitigate real-world risks, others, such as Lloyd's of London, use it to safeguard crypto insurance projects. Overall, blockchain insurance companies have the same goal: to reduce claim processing costs, improve customer experience by making information more accessible, and increase transparency among all parties involved. In this article, GCT Solution - one of the credible cryptocurrency insurance companies in Vietnam, looks at a few ways blockchain is being used and tested in the insurance industry.

12 Main Benefits Of Cryptocurrencies Simple transaction Excellent security Short settlement times and low fees Sharp industry growth Huge returns More private transactions Portfolio diversification Inflation hedge Cross-border payments A more inclusive financial system Transactional freedom 24/7 markets 1. Simple Transactions Cryptocurrency transactions are simpler, cheaper, and more private than most other types of transactions. […]

DeFi, or decentralized finance, in recent years, is like a “boom” around the world. Even outsiders of the financial sector take part in this race. So, what makes DeFi become so attractive? What is DeFi? How does DeFi work? What are benefits of DeFi?

A lot of logistics businesses worldwide have faced difficulties with regard to sustainability, visibility, and adaptability. These factors, together with the digital disruption brought on by the pandemic, have made it crucial for logistics organizations to adapt quickly to change through digitalization of logistics, supply chain management, and transportation. Applying blockchain in logistics can gradually solve problems in the sector. In this article, GCT Solution, a blockchain development company in Vietnam will show you significant blockchain use cases in logistics in recent years.

Global education sector has changed thanks to blockchain technology. Blockchain can greatly enhance the education domain with digital academic assets, online classrooms, etc. In this article, GCT Solution, a blockchain development company in Vietnam, will show 5 applications of blockchain in education that are popular worldwide.

Many platforms and applications that use blockchain or distributed ledger technology must include smart contracts in order to operate well. In this article, GCT Solution, a blockchain development company in Vietnam, will provide an overview of smart contracts, including definition, benefits and drawbacks in reality.