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Why MIT Implemented Bitcoin Blockchain to Distribute Diplomas Instead of Permissioned Ledgers


Massachusetts Institute of Technology (MIT) has started to issue diplomas through its Blockcerts platform, a Bitcoin Blockchain-based application which provides a tamper-resistant and immutable ledger for the distribution of academic credentials. Blockcerts, which was first introduced in 2016, was developed by Learning Machine in collaboration with the MIT Registrar’s Office, with the vision of creating an open […]

What is Tokenization?


In the current era of Blockchain evolution, a new concept has emerged: Tokenization. Tokenization is an intrinsic part of the Blockchain technology that serves the purpose of platform identification and accessibility. The power of tokens Every Blockchain platform is powered by tokens, sometimes also referred to as “coins.” Bitcoin is a token, as is Litecoin, […]

ERC20 Token Standard Officially Formalized by Ethereum Developers


Most Ethereum and cryptocurrency enthusiasts have become familiar with ERC20 tokens. This token standard is used to create new forms of currency on the Ethereum blockchain. Now that Ethereum Improvement Proposal 20 has been formally adopted, the ERC20 token standard is officially instituted. This is a major development for the ecosystem as a whole, as the proposal […]