Banks and Bitcoin in 2023: What You Need to Know
As the world becomes more digitally driven, more and more people are turning to Bitcoin as a means of investment rather than a traditional bank. The rise of Bitcoin has caused many to question the role of banks in the future of finance. With governments all over the...
The Coffee Blockchain Project
The Coffee Project – El Salvador In the past year, ChainBytes has been working with Lehigh Valley University on a socially responsible project implementing Blockchain technology to solve supply chain issues with coffee bean farming and fair pay for farm...
Five major benefits of NFTs
An NFT is a Non-Fungible Token which acts as a certificate of authenticity or a “deed” to a digital “collectable”, or other digital assets. Non-fungible means ‘irreplaceable’ since each token is unique. Uniqueness plus authenticity creates scarcity which, in turn,...
Bitcoin Smart Contracts
Smart contracts are now bringing benefits to Bitcoin users through enhanced functionalities. This opens the door to new features on the Bitcoin blockchain that are similar to Ethereum’s decentralized applications. With blockchain, users can pay one...