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Cyberwarfare: The war beyond fire & explosions.

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The Russian invasion of Ukraine has lead to a war with fierce fighting and many causalities including loss of civilian lives and destruction of infrastructure. As unfortunate as it is, war does come bring along destruction and calamities, but there is a war currently being raged by both sides that doesn't meet the eye or gain as much attention, but could have consequences that are almost equally as bad. Ever since the turn of the last century, the world has continued to shrink through the different developments in technology, from transport to communication. The development of fast and reliable computers over the previous decades, led to the computerization and automation of many of the previous processes, which required a lot of manpower and brainpower to run efficiently. Some of these systems include the power grid and the water supply systems, which are of utmost importance in the sustenance of any modern civilization. Modern warfare extends far from physical war and into the cy...

Cryptocurrency: What’s it all about

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  So, what exactly is Cryptocurrency? Cryptocurrency is a form of digital currency that relies on blockchain technology, which makes it almost impossible to counterfeit or double spend. Transactions are verified and records are maintained on a public ledger by a decentralized system, that is distributed across many computers, rather than being managed by a centralized authority. It could be used to make payments as well as a store of wealth. Being a decentralized form of money, cryptocurrencies are immune to government interference and manipulation. Currently, there are over a thousand different cryptocurrencies.   What is Blockchain Technology? Source 1 : PwC - Bitcoin, cryptocurrency, blockchain... So what does it all mean? Blockchain is the technology that enabled the creation and is the backbone of all cryptocurrencies. It allows data to be recorded and distributed but not edited. This forms the foundation for immutable ledgers that cannot be altered or destro...

NFT: What's it all about?

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  Not long ago, we were introduced to Cryptocurrency , which allowed people to circulate their money without the need for any monetary authority. And, at the end of 2021, we were introduced to another fascinating digital concept known as NFT (Non-Fungible Token), which is sweeping the worlds of art and gaming.   But what exactly are non-financial transactions (NFTs)? Non-Fungible Tokens are one of the most recent crazes in the crypto space (NFTs). NFTs are defined as a type of token that represents a one-of-a-kind asset. Fungible refers to something that can be replaced by something similar. Because what is represented is unique and non-interchangeable, it is a type of token that cannot be replaced by another similar token. NFTs represent digital content scarcity. Through NFTs, the Ethereum blockchain enables artists, content creators, and even gaming companies to attribute their creations. Non-fungible tokens, in essence, open the door to asset and data digitization. ...