Our company covers a wide range of blockchain languages and technologies including smart contract creation, NFT minting, Web3, cross-chain, DeFi and the latest innovations impacting the future of this industry.
Types of NFT data units may be associated with digital files such as photos, videos, and audio. Because each token is uniquely identifiable, NFTs differ from blockchain cryptocurrencies, such as Bitcoin.
NFT ledgers claim to provide a public certificate of authenticity or proof of ownership, but the legal rights conveyed by an NFT can be uncertain. NFTs do not restrict the sharing or copying of the underlying digital files and do not prevent the creation of NFTs with identical associated files.
Web3 is a still-developing idea for a third generation of the web. It follows Web 1.0, with its reliance on traditional web pages filled with content produced by commercial entities, and Web 2.0's shift towards the introduction and growth of social media. Although Web 2.0 undoubtedly gave the average person more ability to produce, and even profit from, their own content on the web, any such plans still required the involvement of a Big Tech company such as YouTube (owned by Google), Facebook, Twitter, or any of the major social networks that influencers -- and individuals -- rely on to reach their audiences.
Web3's proponents claim their vision for the internet can cut the Big Tech middlemen out of the picture by completely decentralizing the web in much the same way cryptocurrency is attempting to wrest control of world finance from large financial institutions and governments. The similarities don't end there. Web3 is also designed, like cryptocurrency, to largely revolve around blockchain technology.
Cross-chain is a technology that enhances the interconnection between blockchain networks by allowing the exchange of information and value. In doing so, it breaks the siloed nature of blockchains to create an intertwined distributed ecosystem.
Notably, a cross-chain operates independently from the connected platforms, hence, it doesn’t inherit the shortcomings of its interfaced networks. Inter-blockchain technology aims at eradicating intermediaries when moving value between decentralized networks, enabling users to interact with other blockchains seamlessly.
Leading cross-chain projects include Polkadot, Blocknet, Cosmos and Wanchain, each of which focuses on a different aspect of interoperability. For example, Polkadot aims at enhancing the sharing of smart contract data between distributed platforms while Blocknet puts more effort into a decentralized exchange (DEX) operating between blockchains.