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Blockchain-Based Clinical Trials
Introduction Clinical trials play a pivotal role in advancing medical research, enabling the development of new treatments, and improving patient care. However, the traditional process of conducting clinical trials is riddled with challenges, including inefficiencies, data integrity issues, and lack of transparency. Enter blockchain technology, a revolutionary innovation that has the potential to transform the…
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Risks and Security Considerations in DeFi Lending
Decentralized Finance (DeFi) lending has gained significant popularity in recent years as an alternative to traditional lending systems. DeFi lending enables individuals to lend or borrow cryptocurrencies without the need for intermediaries, providing financial freedom and opportunities for investors. However, like any financial system, DeFi lending comes with its own set of risks and security…
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The Metaverse and Gaming: How Will Gaming Change in the Future?
The concept of the metaverse has been around for a long time, and it has been popularized in recent years by movies and TV shows like “The Matrix” and “Ready Player One.” The metaverse is essentially a virtual world that people can inhabit and interact with in real-time. Gaming has played a significant role in…
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What is Consensus Mechanism?
Consensus mechanism is a crucial component in the functioning of blockchain technology. It is the process by which a network of nodes or participants in a distributed ledger system agrees on the validity of a transaction or a block of transactions. In essence, consensus is the way in which trust is established in a trustless…