Binance Smart Chain (BSC) is a highly regarded blockchain platform for deploying smart contract-based applications such as NFT marketplaces, decentralized finance (DeFi) platforms, gaming applications, and decentralized exchanges (DEXs). As it runs parallel with the Binance Chain, developers get both the smart contract functionality of…

DeFi flash loans are gaining huge traction these days in the crypto space. What once seemed absurd a few years ago has become a reality since their introduction by the Ethereum-based open-source bank called Marble. However, it was the DeFi lending protocol, Aave, that helped…

The NFT market is experiencing significant growth, with revenue projected to reach approximately $608.6 million this year. As interest in NFTs continues to rise globally, there is also an increasing need to store them. However, it’s not enough to simply stock these assets in any…

The remittance industry is undoubtedly experiencing significant growth, and several reasons behind this rapid expansion exist. Fundamentally, the demands of both individuals and businesses are what are largely driving this growth. For example, people living abroad often send money to their loved ones in their…

Sending money from one country to another is a complex process. The distance and time differences involved and the need to consider currency exchange rates and banking regulations, not to forget the major security concerns, make international money transfers challenging. However, modern remittance software has…

We have all heard the term “Metaverse.” Although it originated from the sci-fi book “Snow Crash” in 1992, this idea has become concrete in the past few years. It might have seemed absurd back then to think that something so ‘unreal’ could have real-life applications,…

The Forex (Foreign Exchange) market is experiencing rapid growth. In just three years, the average daily turnover rose to $7.5 trillion, with a 14% increase in 2022. Moreover, each year, the market continues to grow even more and more, attracting new traders as well as…

You must have heard the term Web3 extensively used in the context of the next generation of the internet. Web3 redefines how businesses operate and how services are delivered, creating entirely new customer experiences. From gaming to banking and education to retail, Web3 applications are…

Contracts are widely used in personal and professional settings for the exchange of services or products. Although they are useful for setting legal obligations, agreements mostly require third-party intervention, which complicates the process, increases vulnerability and even raises costs. This led to the invention of…