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Blockchain in Gaming

2 mins read
In the traditional gaming industry, the majority of gaming data is fully controlled by the gaming companies, including account information and in-game assets collected by the players such as skin, collectibles and virtual money. As everything is owned by the gaming company, the players don’t really have the ownership of their accounts or in-game assets. Such centralized models may present vulnerabilities like server malfunction or hacking. The gaming economy is also controlled by the company and when a game is shut down, the players will lose everything with it.

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Blockchain for Trade Finance

20 mins read
The ocean bill of lading is abbreviated as ‘bill of lading’, and it is a written certificate issued by the ship or its agent to prove that the goods have been received and allowed to be shipped to the destination and delivered to the shipper. It is a proof of contract between the carrier and the shipper. It has the effect of a property certificate in law.

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Blockchain in the Commodity Industry

3 mins read
Physical trading in the Energy & Commodity Industry has traditionally been organised around vast paper trails, however new technology like blockchain is starting to transform the long-established system. Blockchain is creating exciting opportunities for industry players to upgrade the outdated workflows and realise the many benefits of moving to a digital ecosystem.

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Zero Knowledge Proof

4 mins read
A zero-knowledge proof (ZK Proof) or zero-knowledge protocol is a mathematical method to verify things without revealing the underlying data. In other words, the prover is able to prove to the verifier that they have the knowledge of a piece of information without revealing the information itself. The purpose of using zero-knowledge proof is to improve the privacy and security of a system.

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Enterprise Ethereum Alliance (EEA)

4 mins read
The EEA is a global member-governed organisation that aims to drive and support the adoption of Ethereum blockchain technology and the development of industry standards. Their goal is to bring the community together to promote harmonisation and coordination across the industry, to create enterprise-ready solutions and to broadly support Ethereum-based technology best practices.

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ERC Token Standards

5 mins read
ERC is an acronym that stands for Ethereum Request for Comments. They are technical documents used by smart contract developers at Ethereum. They define a set of rules required to implement applications for the Ethereum ecosystem include token standards, name registries, library/package formats, and more. These documents are usually created by developers, and they include information about protocol specifications and contract descriptions. Before becoming a standard, an ERC must be revised, commented and accepted by the community through an EIP (Ethereum Improvement Proposal).

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What is Ethereum?

5 mins read
Ethereum is an open-source, permissionless, decentralized blockchain network. It was created by the Ethereum Foundation led by Vitalik Buterin. The blockchain design borrows from Bitcoin, however there are some major differences. One of those being the introduction of ‘smart contracts’.

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Blockchain Networks

3 mins read
The first application of blockchain was to facilitate a decentralized online payments system which came about with the invention of Bitcoin. The distributed ledger technology on the public peer-to-peer Bitcoin network was used to allow people to enter into financial transactions with one another. Payments were made possible with the Bitcoin payment token, the first cryptocurrency coin or digital cash. Many other blockchains have since been created for this purely monetary use case.

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Blockchain Service Network

3 mins read
The Blockchain Service Network (BSN) is a China state-backed blockchain infrastructure project. It is being led by the State Information Center of China (SIC), under the National Development and Reform Commission. They, together with state-owned organizations China UnionPay and China Mobile, as well as three other companies, signed “The Alliance Chain Framework Adaptation Agreement”, creating the BSN Development Alliance. Since then many others have become involved in the project, such as China Unicom, China Telecom and the exchange Huobi.

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