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Trump Just Pardoned ... a Corporation?
Wed, 02 Apr 2025 12:21:52 +0000
In what may be an American first, President Donald Trump pardoned a company sentenced to $100 million in fines for breaking money laundering laws.
The post Trump Just Pardoned … a Corporation? appeared first on The Intercept.
White House has said US courts can’t order return of Kilmar Abrego Garcia, whose wife has been protesting outside court
A federal judge on Friday afternoon ordered the US to return a Maryland man mistakenly deported to an El Salvador prison after a Trump administration attorney was at a loss to explain what happened.
The wife of the man, who was flown to a notorious Salvadoran prison had earlier joined dozens of supporters at a rally before a court hearing on Friday, where his lawyers had asked the judge – Paula Xinis – to order the Trump administration to return him to the US.
Continue reading...Defense Secretary Pete Hegseth boasts he’s nixing contracts and grants amid DOGE’s cost-cutting campaign. But those trims won’t hit SpaceX.
The post DOGE’s Pentagon Budget Cuts Don’t Touch Elon Musk’s SpaceX appeared first on The Intercept.
Florida prosecutors say Michelle Taylor used gasoline to set a fire that killed her son. Top forensic chemists say they’re wrong.
The post The Arson Evidence Doesn’t Hold Up. Florida Is About to Convict Her for Murder Anyway. appeared first on The Intercept.
The Trump administration’s detention of Tufts student Rümeysa Öztürk rests on an opinion article she wrote in 2024, her lawyers said in a filing.
The post In Trump’s America, You Can Be Disappeared for Writing an Op-Ed appeared first on The Intercept.
US National Security Advisor Mike Waltz, who started the now-infamous group chat coordinating a US attack against the Yemen-based Houthis on March 15, is seemingly now suggesting that the secure messaging service Signal has security vulnerabilities.
"I didn’t see this loser in the group," Waltz told Fox News about Atlantic editor in chief Jeffrey Goldberg, whom Waltz invited to the chat. "Whether he did it deliberately or it happened in some other technical mean, is something we’re trying to figure out."
Waltz’s implication that Goldberg may have hacked his way in was followed by a ...
Most senior American prelate in Catholic church to face accusations of sexual abuse died in state of Missouri
The first cardinal to be defrocked by the Pope over allegations of sexual abuse has died in the United States, a senior US churchman said on Friday.
Theodore McCarrick, the former archbishop of Washington and the most senior American prelate in the Catholic church to face claims of abuse, died in the state of Missouri aged 94, the New York Times reported, citing a Vatican statement.
Continue reading...Joanne Sharkey admitted manslaughter after secret birth while she had postnatal depression after first child
A woman who killed her newborn baby 27 years ago while she had severe postnatal depression has been handed a suspended prison sentence, as a judge said the case “calls for compassion”.
Joanne Sharkey, 55, admitted manslaughter on the grounds of diminished responsibility over the death of her days-old son, whose body was found wrapped in bin bags in woodland in 1998.
Continue reading...She lost her job at Emerson College after screening a film critical of Israel. Her lawsuit seeks to leverage an unusual Massachusetts free speech law.
The post This College Staffer Lost Her Job After Showing a Film Critical of Israel. Now She’s Suing Over Free Speech. appeared first on The Intercept.
John Kelsey and I wrote a short paper for the Rossfest Festschrift: “Rational Astrologies and Security“:
There is another non-security way that designers can spend their security budget: on making their own lives easier. Many of these fall into the category of what has been called rational astrology. First identified by Randy Steve Waldman [Wal12], the term refers to something people treat as though it works, generally for social or institutional reasons, even when there’s little evidence that it works—and sometimes despite substantial evidence that it does not...
The law behind the warrants bars concealment of people in the country illegally, yet the students were legal residents living on campus.
The post ICE Got Warrants Under “False Pretenses,” Claims Columbia Student Targeted Over Gaza Protests appeared first on The Intercept.
Disgraced Republican congressman ‘made a mockery’ of election system and merits long sentence, US officials say
Prosecutors are seeking more than seven years in prison for disgraced former congressman George Santos after he pleaded guilty to federal fraud and identity theft charges.
The US attorney for the eastern district of New York argued in a court filing on Friday that a significant sentence was warranted because the New York Republican’s “unparalleled crimes” had “made a mockery” of the country’s election system.
Continue reading...Lawmakers say dismissing head of US Cyber Command puts country at risk at a time of ‘unprecedented cyber threats’
Top congressional Democrats are protesting against the firing of Gen Tim Haugh as director of the National Security Agency (NSA), with one lawmaker saying the decision “makes all of us less safe”.
Haugh and his civilian deputy at the NSA, Wendy Noble, have been dismissed from their roles, the Washington Post reported late on Thursday, with CNN reporting likewise, both outlets citing multiple unnamed officials and other senior sources close to the matter who had requested anonymity.
Continue reading...Using the platform was dangerous and wrong – but officials appeared to prioritize shielding themselves from litigation
No senior US government official in the now-infamous “Houthi PC Small Group” Signal chat seemed new to that kind of group, nor surprised by the sensitivity of the subject discussed in that insecure forum, not even when the defense secretary, Pete Hegseth, chimed in with details of a coming airstrike. No one objected – not the director of national intelligence, Tulsi Gabbard, who was abroad and using her personal cellphone to discuss pending military operations; not even the presidential envoy Steve Witkoff, who was in Moscow at the time. Yet most of these officials enjoy the luxury of access to secure government communications systems 24/7/365.
Reasonable conclusions may be drawn from these facts. First, Trump’s national security cabinet commonly discusses secret information on insecure personal devices. Second, sophisticated adversaries such as Russia and China intercept such communications, especially those sent or received in their countries. Third, as a result, hostile intelligence services now probably possess blackmail material regarding these officials’ indiscreet past conversations on similar topics. Fourth, as a first-term Trump administration official and ex-CIA officer, I believe the reason these officials risk interacting in this way is to prevent their communications from being preserved as required by the Presidential Records Act, and avoid them being discoverable in litigation, or subject to a subpoena or Freedom of Information Act request. And fifth, no one seems to have feared being investigated by the justice department for what appears to be a violation of the Espionage Act’s Section 793(f), which makes gross negligence in mishandling classified information a felony; the FBI director, Kash Patel, and attorney general, Pam Bondi, quickly confirmed that hunch. Remarkably, the CIA director John Ratcliffe wouldn’t even admit to Congress that he and his colleagues had made a mistake.
Continue reading...Republicans need to worry about getting bullied by Elon Musk, and Democrats need to worry about AIPAC, Sanders said.
The post Trying to Block Arms to Israel, Bernie Sanders Denounces AIPAC’s Massive Election Spending appeared first on The Intercept.
Maintaining seed diversity and abundance is essential – and requires constant work. It’s time for Congress to return to the seed business
From 1862 until 1923, US senators and members of Congress provided vast numbers of seeds to constituents. At its peak, the congressional seed distribution program delivered over 60m seed packets directly to farmers and market gardeners every year, helping introduce new varieties of everything from wheat and corn to oats, soybeans, flowers and vegetables. A century later, far fewer Americans till the soil for a living, but seeds remain central to our lives.
To understand the importance of seeds, try to imagine a morning without them. It would begin naked on a bare mattress, with no cozy sheets or pajamas, and there would be no fluffy towel to wrap up in after your shower. All of those things come from the seeds of the cotton plant. Stumbling wet into the kitchen, you would find no coffee, and no toast or bagel to go with it. There would be no eggs, no bacon, no cereal, no milk. All of those staples come from seeds or from livestock raised on seed crops. And if you thought you might console yourself with a chocolate bar, you can forget it. Cocoa powder, and the cocoa butter that makes it melt in your mouth, are both derived from seeds.
Continue reading...I accompanied one of the students who fled Trump’s crackdown. It gave me clarity on what’s at stake.
The post This Is Not About Antisemitism, Palestine, or Columbia. It’s Trump Dismantling the American Dream. appeared first on The Intercept.
“Do your job!” the crowd chanted, urging Rep. Victoria Spartz, one of the most outspoken DOGE supporters, to rein in Elon Musk.
The post GOP Leaders Said Don’t Do Town Halls. This Indiana Republican Did — and Got an Earful. appeared first on The Intercept.
She lost her job at Emerson College after screening a film critical of Israel. Her lawsuit seeks to leverage an unusual Massachusetts free speech law.
The post This College Staffer Lost Her Job After Showing a Film Critical of Israel. Now She’s Suing Over Free Speech. appeared first on The Intercept.
The University of Pennsylvania has been a target of Canary Mission, a pro-Israel “blacklist” group. Turns out the call was coming from inside the house.
The post Pro-Israel Group That Attacked UPenn Was Funded by Family of UPenn Trustee appeared first on The Intercept.
I accompanied one of the students who fled Trump’s crackdown. It gave me clarity on what’s at stake.
The post This Is Not About Antisemitism, Palestine, or Columbia. It’s Trump Dismantling the American Dream. appeared first on The Intercept.
The Trump administration’s detention of Tufts student Rümeysa Öztürk rests on an opinion article she wrote in 2024, her lawyers said in a filing.
The post In Trump’s America, You Can Be Disappeared for Writing an Op-Ed appeared first on The Intercept.
Republicans need to worry about getting bullied by Elon Musk, and Democrats need to worry about AIPAC, Sanders said.
The post Trying to Block Arms to Israel, Bernie Sanders Denounces AIPAC’s Massive Election Spending appeared first on The Intercept.
Jason Momoa and Jack Black get building in the video game spinoff, while Charlie Brooker’s dystopian anthology goes onboard the USS Callister again
A Minecraft Movie
Out now
You know how it is – you’re hanging out minding your own business when you’re pulled through a random portal into a three-dimensional world made up of voxels. That’s the fate that befalls Jason Momoa, Sebastian Hansen, Emma Myers and Danielle Brooks, where they meet Jack Black in this adaptation of the popular game.
Intelligence reports warn law enforcement about “acts of violence against electric vehicles” and the danger of battery fires.
The post Police Across the Country Are on High Alert Over Tesla Protests appeared first on The Intercept.
‘Japan is the mecca of cosplay. Monaka runs a cafe in Tokyo called Monster Party, where people go dressed as characters from a subculture known as tanganmen. Her brother is holding a picture of their mum’
My personal projects have often focused on the topic of identity, so the world of cosplay immediately appealed to me. I knew nothing about it until I saw some photographs on Instagram and became interested in these people who spend their free time turning themselves into characters from manga, anime, movies and video games – or even into creations they’ve come up with by themselves.
Italy’s biggest annual cosplay event is held in the region where I live, Tuscany. I started going and taking pictures, just on my phone at first, and that’s where I first approached cosplayers to ask if they’d like to help me with a project I had in mind. In the 1970s, John Olson took some portraits for Life magazine of musicians such as Frank Zappa and Elton John at home with their parents. They contrasted the individual identity of the rock stars and the social identity represented by their parents, and that seemed the right way to photograph cosplayers, too. I thought it was far more interesting to show them in a domestic setting, alongside people in everyday clothes, than in the environment of a fantasy-themed event.
Continue reading...
Non-fungible tokens (NFTs) are the most popular digital assets today, capturing the attention of cryptocurrency investors, whales and people from around the world. People find it amazing that some users spend thousands or millions of dollars on a single NFT-based image of a monkey or other token, but you can simply take a screenshot for free. So here we share some freuently asked question about NFTs.
NFT stands for non-fungible token, which is a cryptographic token on a blockchain with unique identification codes that distinguish it from other tokens. NFTs are unique and not interchangeable, which means no two NFTs are the same. NFTs can be a unique artwork, GIF, Images, videos, Audio album. in-game items, collectibles etc.
A blockchain is a distributed digital ledger that allows for the secure storage of data. By recording any kind of information—such as bank account transactions, the ownership of Non-Fungible Tokens (NFTs), or Decentralized Finance (DeFi) smart contracts—in one place, and distributing it to many different computers, blockchains ensure that data can’t be manipulated without everyone in the system being aware.
The value of an NFT comes from its ability to be traded freely and securely on the blockchain, which is not possible with other current digital ownership solutionsThe NFT points to its location on the blockchain, but doesn’t necessarily contain the digital property. For example, if you replace one bitcoin with another, you will still have the same thing. If you buy a non-fungible item, such as a movie ticket, it is impossible to replace it with any other movie ticket because each ticket is unique to a specific time and place.
One of the unique characteristics of non-fungible tokens (NFTs) is that they can be tokenised to create a digital certificate of ownership that can be bought, sold and traded on the blockchain.
As with crypto-currency, records of who owns what are stored on a ledger that is maintained by thousands of computers around the world. These records can’t be forged because the whole system operates on an open-source network.
NFTs also contain smart contracts—small computer programs that run on the blockchain—that give the artist, for example, a cut of any future sale of the token.
Non-fungible tokens (NFTs) aren't cryptocurrencies, but they do use blockchain technology. Many NFTs are based on Ethereum, where the blockchain serves as a ledger for all the transactions related to said NFT and the properties it represents.5) How to make an NFT?
Anyone can create an NFT. All you need is a digital wallet, some ethereum tokens and a connection to an NFT marketplace where you’ll be able to upload and sell your creations
When you purchase a stock in NFT, that purchase is recorded on the blockchain—the bitcoin ledger of transactions—and that entry acts as your proof of ownership.
The value of an NFT varies a lot based on the digital asset up for grabs. People use NFTs to trade and sell digital art, so when creating an NFT, you should consider the popularity of your digital artwork along with historical statistics.
In the year 2021, a digital artist called Pak created an artwork called The Merge. It was sold on the Nifty Gateway NFT market for $91.8 million.
Non-fungible tokens can be used in investment opportunities. One can purchase an NFT and resell it at a profit. Certain NFT marketplaces let sellers of NFTs keep a percentage of the profits from sales of the assets they create.
Many people want to buy NFTs because it lets them support the arts and own something cool from their favorite musicians, brands, and celebrities. NFTs also give artists an opportunity to program in continual royalties if someone buys their work. Galleries see this as a way to reach new buyers interested in art.
There are many places to buy digital assets, like opensea and their policies vary. On top shot, for instance, you sign up for a waitlist that can be thousands of people long. When a digital asset goes on sale, you are occasionally chosen to purchase it.
To mint an NFT token, you must pay some amount of gas fee to process the transaction on the Etherum blockchain, but you can mint your NFT on a different blockchain called Polygon to avoid paying gas fees. This option is available on OpenSea and this simply denotes that your NFT will only be able to trade using Polygon's blockchain and not Etherum's blockchain. Mintable allows you to mint NFTs for free without paying any gas fees.
The answer is no. Non-Fungible Tokens are minted on the blockchain using cryptocurrencies such as Etherum, Solana, Polygon, and so on. Once a Non-Fungible Token is minted, the transaction is recorded on the blockchain and the contract or license is awarded to whoever has that Non-Fungible Token in their wallet.
You can sell your work and creations by attaching a license to it on the blockchain, where its ownership can be transferred. This lets you get exposure without losing full ownership of your work. Some of the most successful projects include Cryptopunks, Bored Ape Yatch Club NFTs, SandBox, World of Women and so on. These NFT projects have gained popularity globally and are owned by celebrities and other successful entrepreneurs. Owning one of these NFTs gives you an automatic ticket to exclusive business meetings and life-changing connections.
That’s a wrap. Hope you guys found this article enlightening. I just answer some question with my limited knowledge about NFTs. If you have any questions or suggestions, feel free to drop them in the comment section below. Also I have a question for you, Is bitcoin an NFTs? let me know in The comment section below
You’ve made your giant meringue or your marshmallows, but what to do with all those surplus egg yolks? Cure them in salt and turn them into a super-savoury condiment, that’s what
Salt-cured egg yolks are incredibly simple to make and a great way to use up leftovers when you’ve used the whites in another dish. They are intensely savoury, umami-rich and a vibrant, golden colour, much like bottarga, or Italian-style cured fish roe. Once dried, they take on a firm, grateable consistency, and are ideal for giving dishes a final punch of flavour – I often use them instead of cheese: try grating over pasta, risotto or steamed greens.
Continue reading...The Guardian joins a pest controller on the city’s streets as residents fear a rise in rodents during bin workers’ strikes
“They’re not fussy,” said Martin Curry, describing the far from epicurean appetites of the scurrying rodents that the residents of Birmingham fear could flood the streets of their city.
“Rats all have their own personal tastes but if food is scarce they’ll eat anything,” he said. Curry, who has been called the “rat king” locally, runs MC Environmental Pest Control. He has been on the frontline of stamping out the rodent threat amid a weeks-long bin strike that has caused bins to pile up on Birmingham’s streets.
Continue reading...Data suggest viewers seek to ‘travel via their taste buds’ in Monday ritual that has gone viral on social media
Beyond yodelling along to the opening credits or decoding hidden clues about the show’s plot, some fans of the critically acclaimed comedy drama The White Lotus have taken their obsession a step further this season.
Since the drama – this season set in Thailand – premiered on 17 February in the UK, Thai takeaway orders through Just Eat have increased by 11%, as viewers look to “[travel] via their taste buds”.
Continue reading...Welsh and Scottish whisky makers, as well as craft breweries, fear losing exports to US
To some extent, the US owes its very existence to the Welsh.
Up to 18 of the 56 signatories of the 1776 Declaration of Independence claimed Welsh heritage, depending on which source you believe, including one delegate who was born in Llandaff.
Continue reading...A rich and indulgent layered chocolate dessert, with a crunchy biscuit base and a tangy, salted creme fraiche topping
This is one for the chocolate lovers (myself included). It’s rich and indulgent, which is why I love it. I can be a bit of a brownie purist – no nuts, ever! – but here I make an exception. The biscuit base stays nice and crunchy, while the tangy, salted creme fraiche topping cuts through some of the richness. You can serve this while it’s still warm for something a little more gooey, but it’s much easier to slice if you let it cool completely.
Continue reading...Shoppers also face more ‘shrinkflation’ as manufacturers ‘try to offset rising production costs’
Exchanging Easter eggs and tucking into a roast dinner are among the highlights of the spring holiday but Britons face paying more for this year’s celebrations after a sharp rise in the price of essentials such as chocolate, lamb and hot cross buns.
A leg of lamb joint now costs on average £13.94 a kilo in supermarkets, which is 10%, or £1.31, more than last year, according to the price analysts Assosia. Over two years, the jump is nearly 27%, or approaching £3 more a kilo, based on the pre-promotion price across Tesco, Sainsbury’s, Asda and Morrisons.
Continue reading...Devices similar to those used during pandemic to be deployed to help stamp out trade in threatened fish
Last year, a colleague of Diego Cardeñosa sent the international shark trade researcher a few pieces of shark fin taken from a bowl of soup in New York City. Using a PCR test similar to those used during the Covid-19 pandemic to test for the virus, Cardeñosa was able to identify the species behind the fin as sandbar shark, an endangered species found in tropical and warm-temperate waters.
Now, Cardeñosa and other scientists from Florida International University, alongside law enforcement officials from the US National Oceanic and Atmospheric Administration (Noaa), plan to deploy the tests at ports across the country in order to crack down on seafood fraud and fish trafficking.
Continue reading...It takes thousands of hours in a hot kitchen to cook like this
King’s Cross in London is a place where a million voyages begin and end, each and every week. Which may explain why so much cash has been thrown at the area around the station to turn it into “an aspirational lifestyle destination”, rather than somewhere to stomp through grumpily while dragging a suitcase.
By and large, however, this proposed glow-up has failed – the Euston Road will always be an unlovable, multi-laned traffic snarl-up – although now, if you creep into the Megaro hotel, you’ll find a minimalist Scandi restaurant, Voyage with Adam Simmonds. This plain, dark brown, oak-panelled room sits rather incongruously inside the recently restyled Megaro, which now has a Britpop, Austin Powers-esque, rock’n’roll theme and suites boasting names such as Groove Britannia and Pop Diva; Backstage Britannia comes complete with acid smiley face pillows.
Continue reading...What happens when western billionaires try to ‘fix’ hunger in developing countries? Neelam Tailor investigates how philanthropic efforts by the Gates Foundation, the Rockefeller Foundation and the organisation they set up to revolutionise African farming, the Alliance for a Green Revolution in Africa (Agra), may have made matters worse for the small-scale farmers who produce 70% of the continent's food.
From seed laws that criminalise traditional practices to corporate partnerships with agribusiness giants such as Monsanto and Syngenta, we explore how a well-funded green revolution has led to rising debt, loss of biodiversity and deepening food insecurity across the continent
Continue reading...Retailer’s ‘gift to America’ could be hit by new taxes as it also adjusts to rules on advertising high fat, sugar and salt foods
Percy Pig’s US invasion could be called to a halt amid fears that Donald Trump’s tariffs could affect sales of Marks & Spencer’s popular confectionery brand which has just launched in Target stores across the Atlantic.
Archie Norman, the chair of M&S, has described Percy as the retailer’s “gift to America” but he told the Retail Technology Show in London that “we might have to change our minds” as Trump imposes additional taxes on imported goods. While M&S is not considering withdrawing the sweets, tariffs could push up prices and make them less popular.
Continue reading...Doctors helping with aftermath of disaster and UN special rapporteur say aid is disappearing or being blocked in some areas
Myanmar’s military is facing criticism over continued airstrikes and claims it is blocking aid to earthquake survivors, as international agencies urged “unfettered access” to humanitarian aid in the conflict-riven nation.
The 7.7-magnitude earthquake that hit central Myanmar on Friday has caused widespread destruction, killing more than 2,700 people and leaving affected areas in dire need of basic necessities such as food and water.
Continue reading...This week: your March favourites; gifts for new mums; and how to make your smartphone last longer
Never has the term “fool’s spring” been more fitting. When the sun came out early in the month, many of us began to prepare for the summer that felt just around the corner. Hundreds of you, like me, bought the most genius overnight bag for the weekends away that were surely about to happen, and the perfect nail colour for the new season.
But let’s be real: it’s not summer yet. A fact evidenced by just how many of you were also buying practical raincoats, stay-in-all-day satin pyjamas and – less glamorously – microwave rice cookers. Here are the Filter recommendations you loved the most this month.
Continue reading...How reporters with the Gaza Project investigate the killing and targeting of Palestinian journalists.
The post Journalists Under Fire in Gaza, Israel’s Deadly War on Reporters appeared first on The Intercept.
A weekly email from Yotam Ottolenghi, Meera Sodha, Felicity Cloake and Rachel Roddy, featuring the latest recipes and seasonal eating ideas
Each week we’ll send you an exclusive newsletter from our star food writers. We’ll also send you the latest recipes from Yotam Ottolenghi, Nigel Slater, Meera Sodha and all our star cooks, stand-out food features and seasonal eating inspiration, plus restaurant reviews from Grace Dent and Jay Rayner.
Sign up below to start receiving the best of our culinary journalism in one mouth-watering weekly email.
Continue reading...Plastics are everywhere, but their smallest fragments – nanoplastics – are making their way into the deepest parts of our bodies, including our brains and breast milk.
Scientists have now captured the first visual evidence of these particles inside human cells, raising urgent questions about their impact on our health. From the food we eat to the air we breathe, how are nanoplastics infiltrating our systems?
Neelam Tailor looks into the invisible invasion happening inside us all
Continue reading...Style, with substance: what’s really trending this week, a roundup of the best fashion journalism and your wardrobe dilemmas solved, direct to your inbox every Thursday
Style, with substance: what’s really trending this week, a roundup of the best fashion journalism and your wardrobe dilemmas solved, delivered straight to your inbox every Thursday
Explore all our newsletters: whether you love film, football, fashion or food, we’ve got something for you
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Imagine a world in which you can do transactions and many other things without having to give your personal information. A world in which you don’t need to rely on banks or governments anymore. Sounds amazing, right? That’s exactly what blockchain technology allows us to do.
It’s like your computer’s hard drive. blockchain is a technology that lets you store data in digital blocks, which are connected together like links in a chain.
Blockchain technology was originally invented in 1991 by two mathematicians, Stuart Haber and W. Scot Stornetta. They first proposed the system to ensure that timestamps could not be tampered with.
A few years later, in 1998, software developer Nick Szabo proposed using a similar kind of technology to secure a digital payments system he called “Bit Gold.” However, this innovation was not adopted until Satoshi Nakamoto claimed to have invented the first Blockchain and Bitcoin.
A blockchain is a distributed database shared between the nodes of a computer network. It saves information in digital format. Many people first heard of blockchain technology when they started to look up information about bitcoin.
Blockchain is used in cryptocurrency systems to ensure secure, decentralized records of transactions.
Blockchain allowed people to guarantee the fidelity and security of a record of data without the need for a third party to ensure accuracy.
To understand how a blockchain works, Consider these basic steps:
Let’s get to know more about the blockchain.
Blockchain records digital information and distributes it across the network without changing it. The information is distributed among many users and stored in an immutable, permanent ledger that can't be changed or destroyed. That's why blockchain is also called "Distributed Ledger Technology" or DLT.
Here’s how it works:
And that’s the beauty of it! The process may seem complicated, but it’s done in minutes with modern technology. And because technology is advancing rapidly, I expect things to move even more quickly than ever.
Even though blockchain is integral to cryptocurrency, it has other applications. For example, blockchain can be used for storing reliable data about transactions. Many people confuse blockchain with cryptocurrencies like bitcoin and ethereum.
Blockchain already being adopted by some big-name companies, such as Walmart, AIG, Siemens, Pfizer, and Unilever. For example, IBM's Food Trust uses blockchain to track food's journey before reaching its final destination.
Although some of you may consider this practice excessive, food suppliers and manufacturers adhere to the policy of tracing their products because bacteria such as E. coli and Salmonella have been found in packaged foods. In addition, there have been isolated cases where dangerous allergens such as peanuts have accidentally been introduced into certain products.
Tracing and identifying the sources of an outbreak is a challenging task that can take months or years. Thanks to the Blockchain, however, companies now know exactly where their food has been—so they can trace its location and prevent future outbreaks.
Blockchain technology allows systems to react much faster in the event of a hazard. It also has many other uses in the modern world.
Blockchain technology is safe, even if it’s public. People can access the technology using an internet connection.
Have you ever been in a situation where you had all your data stored at one place and that one secure place got compromised? Wouldn't it be great if there was a way to prevent your data from leaking out even when the security of your storage systems is compromised?
Blockchain technology provides a way of avoiding this situation by using multiple computers at different locations to store information about transactions. If one computer experiences problems with a transaction, it will not affect the other nodes.
Instead, other nodes will use the correct information to cross-reference your incorrect node. This is called “Decentralization,” meaning all the information is stored in multiple places.
Blockchain guarantees your data's authenticity—not just its accuracy, but also its irreversibility. It can also be used to store data that are difficult to register, like legal contracts, state identifications, or a company's product inventory.
Blockchain has many advantages and disadvantages.
I’ll answer the most frequently asked questions about blockchain in this section.
Blockchain is not a cryptocurrency but a technology that makes cryptocurrencies possible. It's a digital ledger that records every transaction seamlessly.
Yes, blockchain can be theoretically hacked, but it is a complicated task to be achieved. A network of users constantly reviews it, which makes hacking the blockchain difficult.
Coinbase Global is currently the biggest blockchain company in the world. The company runs a commendable infrastructure, services, and technology for the digital currency economy.
Blockchain is a decentralized technology. It’s a chain of distributed ledgers connected with nodes. Each node can be any electronic device. Thus, one owns blockhain.
Bitcoin is a cryptocurrency, which is powered by Blockchain technology while Blockchain is a distributed ledger of cryptocurrency
Generally a database is a collection of data which can be stored and organized using a database management system. The people who have access to the database can view or edit the information stored there. The client-server network architecture is used to implement databases. whereas a blockchain is a growing list of records, called blocks, stored in a distributed system. Each block contains a cryptographic hash of the previous block, timestamp and transaction information. Modification of data is not allowed due to the design of the blockchain. The technology allows decentralized control and eliminates risks of data modification by other parties.
Blockchain has a wide spectrum of applications and, over the next 5-10 years, we will likely see it being integrated into all sorts of industries. From finance to healthcare, blockchain could revolutionize the way we store and share data. Although there is some hesitation to adopt blockchain systems right now, that won't be the case in 2022-2023 (and even less so in 2026). Once people become more comfortable with the technology and understand how it can work for them, owners, CEOs and entrepreneurs alike will be quick to leverage blockchain technology for their own gain. Hope you like this article if you have any question let me know in the comments section
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