My two cents

  • blockchain-2
    My two cents

    Blockchain and Cryptocurrency

    Blockchain and Cryptocurrency (in brief) Blockchain Definition Blockchain is a technology A blockchain is a decentralised, distribution and public digital ledger that is used to record transaction across many computers so that the record cannot be altered retroactively without alteration of all subsequent blocks and the consensus of the network. How we use They can store other types of information, such as product tracking and other data types of blockchain Network Public blockchain Private blockchain Consortium blockchain Hybrid blockchain Connecting A blockchain transaction is required to have an internet connection for transaction authentication purposes. Once a transaction is validated successfully, it is transmitted to all nodes that are linked to…

  • My two cents

    Basics of Money

    My two cents – Basics of Money Last week I saw a post on an article “ Singapore Banks are so flush with cash that they are struggling to put it to work”  This has brings on some thoughts for me on money (not how to use it but basics of money). We had some fun answers on what is money from a group of friends and as expected different views and even draw blanks. Let’s talk about some facts on basics of money Do you know The term Money and currency are closely related, when we talk about Money undoubtably we also refer to currency. This is also how…