Akestech Infotech

What is Blockchain Technology? DO YOU KNOW ANYTHING ABOUT THE BLOCKCHAIN TECHNOLOGY? If NO then definitely you are at the right place. And if YES then AKESTECH is here to help you with all your queries. In today's world, blockchain is very popular in the digital market. Transactions held in blockchain are secured transactions. People who are using blockchain technology for transactions are satisfied with the technology as this technology is really useful for them. Bitcoin was the first coin to be discovered in blockchain technology. Satoshi Nakamoto, an anonymous person has discovered the bitcoin of blockchain technology. The United Arab Emirates is growing and developing unceasingly. A blockchain is a decentralized system of the chain of blocks, and every single block consists of a ledger record. People use these tokens for their favourability. All the records are saved securely with cryptography. How to Start a Blockchain Startup   Meet Blockchain : - People who are not knowin

What are NFTs? The NFTs stand for the ‘Non-Fungible Tokens ’. It is a virtual unique asset that is the non-exchangeable currency in blockchain technology . NFTs are a legal way of transferring the ownership of a digital or physical item. Through NFTs, one can prove his/her ownership, as its records are maintained and can not be edited or deleted. Assets can include artwork or song or image or movie clip or poster that is unique. NFT provides a digital certificate of ownership certifying its legitimacy in blockchain technology. For example: - We can exchange one Rs 2000 note for four Rs 500 notes, but we can not exchange the painting of Monalisa for any other painting. This shows the uniqueness of the painting of Monalisa. Pros of NFT   The NFT provides a digital certificate of ownership for unique assets, certifying its legitimacy in blockchain technology. Growth of the Value : - NFT is also as same as any other investment. The value of the tokens varies as time changes. The token ha

Every startup is a new idea of serving for the betterment of the world. Today, nothing is considered better than digitization. Technology is replacing a vital aspect of problem-solving around the globe. With increasing demand in day-to-day life, technology is being used aggressively. Mere discomfort is being resolved through digitization. Along with it came the dark side of technology i.e., frauds and hacks. Besides being convenient, technologies are risky and hard to trust on. This issue led to another idea of technology. To provide a safer platform for the further betterment of the world. Slowly, we have reached the level where transparency and immutability have finally been achieved. High-tech security ensures the safety of data and records. Transparency builds trust. Yes, Blockchain Technology is the one that offers complete transparency and immutability. Let’s understand it below. What is Blockchain Technology? Blockchain Technology records all the assets of an organization in dig

Digitized Future lies in our hands. Technology has done its bit, time to do yours. It has been predicted that Everything will be tokenized and connected by a Blockchain one day. In order to stand with the digitized world, it is necessary to dynamize the work of your organization. Let’s understand the concept of Blockchain and how you can install it in your organization. Concept of Blockchain Blockchain is the digitized ledger of transactions. Save yourself from dispensable tension of banks. Get done with all the unwanted wait in the line, finishing of formalities and biased treatment. Record a transaction in as little as a second. Transparency and security are the key motives of Blockchain. Its working is a piece of cake. Request a transaction, transaction turns into a block, gets verified by participants, and adds to the existing chain of blocks. There are two types of Blockchain. Private and Public. Private Blockchain is more secure than Public Blockchain. Every block has its own imm