Exploring Optimism Blockchain: A Layer 2 Scaling Solution for Ethereum
Ethereum, a popular blockchain for smart contracts, processes a whopping 1.2 million transactions every day. As more and more people join the network, it becomes slower and costlier to use. That’s where Layer 2 (L2) solutions come to the rescue! They help improve scalability and user experience. What are Layer 2 Chains? Layer 2 chains, or simply L2, are like …
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Nasdaq to Offer Revolutionary Custody Services for Bitcoin and Ethereum
The global stock exchange operator Nasdaq is set to launch its crypto custody services by the end of June 2023. The move signifies an increasing interest in the cryptocurrency industry by institutional investors despite widespread regulatory uncertainty and suspicion of cryptocurrencies in some countries. Nasdaq has applied to the New York State Department of Financial Services for a limited-purpose trust …
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Ethereum’s Role in Promoting Transparency and Accountability in Supply Chains
Supply chains are the backbone of any business, ensuring that products and services are delivered to the end customer efficiently and effectively. However, the complexity of global supply chains often results in opaque and fragmented systems that lack transparency, making it challenging for stakeholders to track and verify the movement of goods and services. Fortunately, blockchain technology, and specifically Ethereum, …
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