Hidden enemy in our cells

Most people do not know about viruses that are always with us since birth. If you catch flu, usually it does not affect your descendants. However, it was not that case in past times. During the long…

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The Fabric Token ICO

Technology has been playing an important part in people’s life nowadays because it helps them in making their life easier.

There has been lot of technological development in this 21 st century by the revolution of smartphones, Bluetooth and the rise of internet. But recently there is a new phenoma that has completely turn the tables. Its called the “Cryptocurrency”. It is digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

The whole system that control the entire tarnsactions on these cyptocurrencies is the blockcahin technology. A global network of computers uses blockchain technology to jointly manage the database that records transactions. The whole idea revelves around complete decentralization of money which in terms of macroeconomics has always been controled by centralized institution. Still there are many problems and most of the people only think that blockchain is Bitcoin and Ethereum.

The Fabric Token (FT) ecosystem provides individuals and businesses with easy access to blockchain technology and smart contracts by providing a bundle of user-friendly software. Its main focus is to provide their Decentralized application to people of any background without the specilized knowledge of computer programming.

There are many problems regarding the blockchain technology such as accessibility and financial inefficiency in blockchain adoption and smart contracts. The technical and financial challenges of developing smart contracts and the current challenges of Intra and inter-organizational business processes.