Introduction Blockchain technology has been a buzzword for a few years now, touted as a revolutionary force set to disrupt industries ranging from finance to healthcare. While people often get caught up in the glamour of blockchain applications like cryptocurrency and smart contracts, the underlying fabric that makes all these advancements possible is the “consensus…
Introduction Welcome to your go-to guide for understanding the ERC-721B Token Standard, a pivotal progression in the innovative landscape of blockchain technology. If the world of non-fungible tokens (NFTs), blockchain, and digital ownership piques your interest, you’ve arrived at the right place. In this comprehensive guide, I aim to demystify the ERC-721B Token Standard, shed…
Definition of a Digital Twin A digital twin is a virtual representation or model of a physical asset, process, system, or even an entire organization. It is created using real-time data, advanced simulation, machine learning, and other digital technologies. By replicating the behavior, performance, and characteristics of the real-world counterpart, digital twins enable businesses to…
