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IOTric is a leading Blockchain, Mobile, Web application, AR/VR, IoT, and Custom Software Development company with a team of experts capable of pushing the limits of the latest technologies for your business needs.

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What is Hyperledger? Everything you need to know

Poested December 2, 2022 Gyan Prakash

Introduction Hyperledger is a project under the LINUX foundation; it is not a blockchain, not a cryptocurrency or a company. In other words, Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration including leaders in banking, finance, Internet of Things, manufacturing, supply chains, and technology. In […]

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Blockchain and Distributed Ledger Technology

Poested November 25, 2022 Gyan Prakash

Introduction: A blockchain is a digital ledger of transactions, distributed across the nodes. Distributed ledgers use independent nodes to record, share, and synchronize transactions in their respective electronic ledgers instead of keeping them in one centralized server. Blockchain is one of the types of DLT which records transactions with an unchangeable cryptographic signature called hash. […]

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Decentralized Identity In Web3.0

Poested November 7, 2022 Gyan Prakash

Introduction Blockchain technology enables a decentralised identity infrastructure which seems to be promising. More people started preferring privacy and security of their personal data. The Decentralized Identity, a.k.a DID, has developed rapidly in the past few years. The development of DID benefits from the emergence of blockchain technology as it provides current solutions to identity […]

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How does DeFi Lending and Borrowing work?

Poested September 22, 2022 Gyan Prakash

Let’s understand what makes DeFi a popular hit. Introduction Decentralized finance application is a new form of open financial application, as smart contracts maneuver on publicly accessible permissionless blockchain. It is a collection of blockchain-based financial services that uses automated workflow to make financial decisions. We will be talking about the nomenclature of motive and […]

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The evolution of Web (Web 1.0 to Web 3.0)

Poested August 2, 2022 Gyan Prakash

The transition from web 1.0 to web 3.0 The Internet and the Web are not quite the same things, yet they are closely linked. The Internet is a network of networks that connects millions of computers across the world, allowing them to interact with each other. The World Wide Web (WWW) is a technique which […]

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Smart Contract

Poested June 14, 2022 Gyan Prakash

What are Smart Contract and how it works? Introduction In this current era Smart Contracts are gaining a unique prominence. Blockchain stores digital contract in the form of smart contracts. In addition, Smart contracts include executable terms and conditions. They run automatically without any intervention of a third-party. The reason being, use of it is […]

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Metaverse and Web 3.0

Poested June 9, 2022 Gyan Prakash

Let’s see what actually Metaverse and Web 3.0 is all about. Introduction Metaverse is a universe of social media, augmented reality, virtual reality, online gaming, and cryptocurrencies that allow the users to interact, and build social connections virtually. Metaverse came in the era of the recent Internet evolution known as Web 3.0. Instead of engaging […]

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Web 3.0

Poested June 8, 2022 Gyan Prakash

What is Web 3.0 and how it works? What is Web 3.0? Web 3.0 is the latest version of the internet which is renowned for decentralized and serverless services. It allows users to control their own data, destiny, and identity. Using cryptographic methods and decentralized protocols. Along with this, it delivers a stable and resilient […]

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Blockchain Technology in Media and Entertainment

Poested March 29, 2022 Gyan Prakash

How Blockchain Technology can transform Media and Entertainment industry? Introduction The media and entertainment industry are primarily based on relationships which means the content creators are often taking disadvantage through stealth profits and middlemen margins. Artists were never enlighten or exposed to the intricacies of business, finance, and law relative to their artistic expression and […]

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DeFi

Poested March 14, 2022 Gyan Prakash

What, How and Why Decentralized Finance? DeFi stands for Decentralized Finance. It is an emerging financial technology consisting of secure distributed ledgers like cryptocurrencies. It is an open alternative to the conventional financial system and let the users borrow, invest, or trade the products. Being an open-source technology, hence anyone can program with it. It […]

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NFT (Non-Fungible Token)

Poested March 3, 2022 Gyan Prakash

What are NFTs and how do they work? NFT NFT is the terminology that stands for Non-Fungible Token which is a non-interchangeable data unit on blockchain. It is an Ethereum-based asset to represent anything unique and create more power for the content creators than ever before. The smart contracts on the Ethereum blockchain are to […]

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How blockchain is a game-changer technology for ‘IoT’?

Poested February 11, 2022 Gyan Prakash

Blockchain technology has the potential to revolutionize IoT security with advanced mechanisms. Introduction In the current era of Industry Revolution 4.0, the ‘Internet of Things’ (IoT) is going to influence almost all day-to-day activities. However, the increasing inclusion of IoT in our lifestyle leads to an increasing threat of being misused. Thus, there is an […]

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Blockchain In Healthcare

Poested January 21, 2022 Gyan Prakash

Why and How blockchain technology in healthcare? Introduction Security is always a concern when it comes to the transfer of patients’ medical records. With the growth of technology, cyber-attacks have also increased repeatedly at the same time. So, it is a great challenge for the healthcare industry to have strong security systems that can safeguard […]

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Cryptocurrency

Poested January 14, 2022 Gyan Prakash

What is cryptocurrency and how does it works? Introduction With the growth in advanced technologies, there is also an addition of cyberattacks that happens often during the transitions. Maintaining strong security while conducting transfers and transactions has always been a challenging mission for business professionals as the global economy is shifting towards a digital system. […]

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