Smart contract automation refers to the use of computer programs that automatically carry out, verify, or enforce the terms of a digital agreement. These contracts run on a blockchain and do not require manual intervention once set up. This helps remove the need for intermediaries and can reduce errors, delays, and costs in many types…
Category: Decentralised Systems
Decentralized Storage
Decentralised storage is a method of saving digital files and data across many different computers or servers, rather than relying on a single central location. This approach helps prevent data loss if one part of the system fails, as copies of the data exist in multiple places. It can also improve privacy and security by…
Distributed Energy Resources
Distributed Energy Resources (DERs) are small-scale devices or systems that generate or store electricity close to where it will be used, such as homes or businesses. These resources include solar panels, wind turbines, battery storage, and even electric vehicles. Unlike traditional power stations that send electricity over long distances, DERs can produce energy locally and…
Mesh Sensor Networks
Mesh sensor networks are systems where many small sensors are connected together, allowing them to communicate directly with each other as well as with a central hub. Each sensor acts as a node, passing information along to its neighbours, which helps the network cover larger areas and stay connected even if some nodes fail. This…
Secure Multi-Party Computation Protocols
Secure Multi-Party Computation Protocols are methods that allow several parties to jointly compute a result using their private inputs, without revealing those inputs to each other. These protocols enable participants to collaborate on calculations or data processing while keeping their own information secret. They are designed to ensure both accuracy of the result and privacy…
Blockchain-Based Certification
Blockchain-based certification is a method of issuing and verifying certificates using blockchain technology. It allows educational institutions, companies, or organisations to create digital certificates that are stored on a secure and decentralised ledger. This ensures that the certificates cannot be tampered with, making them easy to verify and trust by anyone around the world.
Blockchain for Energy Trading
Blockchain for energy trading uses digital ledgers to record and verify buying and selling of electricity between different parties. This technology allows transactions to happen directly between energy producers and consumers without needing a central authority. It helps make energy markets more efficient, transparent and secure, especially with renewable energy sources like solar panels and…
Blockchain for Digital Identity Verification
Blockchain for digital identity verification uses a secure, shared database to store and confirm personal identification details. This technology ensures that only authorised people can access or change information, reducing the risk of identity theft and fraud. It allows individuals to control their own data and share it safely with trusted services or organisations.
Blockchain-Based Escrow Services
Blockchain-based escrow services use blockchain technology to hold funds securely between two parties until certain conditions are met. This removes the need for a traditional third-party escrow agent, as the process is controlled by smart contracts that automatically release the funds when agreed rules are satisfied. This method helps prevent fraud and builds trust between…
Blockchain for Digital Twins
Blockchain for digital twins refers to the use of blockchain technology to securely store, share, and verify data linked to digital replicas of physical objects, processes, or systems. This approach ensures that all changes and interactions with the digital twin are recorded in a transparent, tamper-proof ledger. It helps maintain trust and data integrity, especially…