DeFi protocol is a set of codes that govern how digital assets are used on a blockchain network. Tapping smart contracts and virtual machines (VMs), DeFi protocols manage exchanges, enable users to …
It is Time for Blockchain to Embrace the Level of Security Its Users Deserve
Blockchain technology was built in part on a principle of high-level security, but it is increasingly clear that this is not always the case, as noted by a recent DARPA analysis noting how …
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How smart contracts can improve efficiency in healthcare
Smart contracts are self-executing lines of code that run atop blockchains and are triggered once a set of predetermined conditions are met. They are used to automate the execution of online …
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How cyber secure is blockchain technology?
Blockchain technology has significantly changed the way in which traditional networks operate. It is based on the concepts of cryptography, decentralisation and consensus, which have revolutionised …
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Warning on blockchain security risk
Blockchain – the shared and binding ledger that records online financial transactions and tracks a business network’s assets – is not as secure as its image suggests, according to researchers from …
From neglecting security to bad tokenomics, DeFi has played a hand in its own decline
Decentralized finance (DeFi) led cryptocurrency’s rapid growth in early 2021, but the crypto market has since plummeted in value. Global markets have played a role, but so has recklessness among …
‘Biggest Risk in DeFi’ Seen Coming From Backdoor Software Threat
The automated software programs that power much of the DeFi, or decentralized finance, activity on the Ethereum blockchain appear to be less tamper resistant than advertised. In recent years, most of …
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You Can’t Do ‘Real DeFi’ Unless It’s Asset Orientated
Decentralized finance has come to be one of the most compelling use cases for blockchain technology over the last couple of years. Its ability to manage financial assets and provide services without …
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Blockchain Hacks: Can They be Prevented with Smart Contract Audits?
With the exponential growth of cryptocurrencies, NFTs and other blockchain implementations, there has never been a better time for a cybercriminal to convert a vulnerability into easy and big money. …
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Using Tech to Build Supply Chain Resilience in a Changing World
Proper supply chain management is critical to smooth business operation, agility and profitability. Beyond coordination, resilience is a key quality required for supply chain management. Covid-19 …
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