Blockchain technology’s core characteristics include decentralization, automation, transparency and immutability. These elements can be applied to various industries, creating a multitude of use cases. Here is what Hive Ive believes to be the most pertinent blockchain use cases for enterprises, institutions, and governments. Decentralized Finance Decentralized finance (DeFi) refers to the shift from traditional, centralized …
NFTs, also know as non-fungible tokens, can digitally represent many types of assets. NFTs can represent real-world assets such as real estate and music, but can also represent online assets like digital art. NFTs are proof of ownership of these assets. NFTs exist on a blockchain (distributed public ledger) that records transactions. Most NFTs are …
Play-to-earn games, also known as Blockchain games or NFT games, are games where players earn rewards with real-world value by battling other players, completing tasks and progressing through various game levels. These rewards come in the form of in-game assets like crypto tokens, virtual land, as well as skins, weapons and other NFTs. Due to …
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