So MySejahtera uses blockchain? What is it about?

During the ongoing COVID-19 pandemic, the Malaysian government has introduced the MySejahtera application in order to track where a person has gone as well as to keep digital vaccination records. Have you ever wondered how our vaccination records could not be tampered with or duplicated? That is because the use of blockchain technology guarantees the … Read more

Layer 1 and Layer 2 Blockchain Explained

Cryptocurrencies and their underlying blockchain technology have come a long way since Bitcoin was launched in 2009  and now are establishing their roles in the global economy. While they are poised to revolutionize finance, there are challenges still to be overcome, namely scalability, security, and decentralisation of blockchain, which are conceptualized as the “blockchain trilemma” … Read more

Think You Know Bitcoin? 4 Ways Its Technology Is Being Used

Have you ever wondered what is the underlying technology that drives cryptocurrencies like Bitcoin or Ethereum that has drawn a lot of mainstream attention and hype in recent years? What Is Blockchain and How Does It Work? ALL types of cryptocurrencies use this distributed technology — blockchain, to maintain a secure and decentralised record of transactions. … Read more

What are Smart Contracts?

The term was coined back in 1998 by an American scientist named Nick Szabo. The idea was to use computer code to execute terms of sophisticated contracts for buying and selling securities such as options and futures. The aim is to provide security that is superior to traditional contract law and to reduce other transaction … Read more