Posts

Showing posts with the label examples-of-blockchain-in-finance

Featured Post

Python Set Operations Explained: From Theory to Real-Time Applications

Image
A  set  in Python is an unordered collection of unique elements. It is useful when storing distinct values and performing operations like union, intersection, or difference. Real-Time Example: Removing Duplicate Customer Emails in a Marketing Campaign Imagine you are working on an email marketing campaign for your company. You have a list of customer emails, but some are duplicated. Using a set , you can remove duplicates efficiently before sending emails. Code Example: # List of customer emails (some duplicates) customer_emails = [ "alice@example.com" , "bob@example.com" , "charlie@example.com" , "alice@example.com" , "david@example.com" , "bob@example.com" ] # Convert list to a set to remove duplicates unique_emails = set (customer_emails) # Convert back to a list (if needed) unique_email_list = list (unique_emails) # Print the unique emails print ( "Unique customer emails:" , unique_email_list) Ou...

10 Top Blockchain Advantages for Finance Projects

Image
In the business world, the transactions are — orders, payments, account tracking and much more. Often, each participant has his or her own ledger — and, thus, a version of the truth that may differ from other participants. Top Blockchain Features   You can avoid fraud... These multiple ledgers can be a recipe for error, fraud, and inefficiency. But because members on a blockchain share a common view of the truth, it’s now possible to see all details of a transaction end-to-end, reducing those vulnerabilities . Ordinary ledger Vs Shared Ledger Each participant has his own, separate ledger — increasing the possibility of human error or fraud. Reliance on intermediaries for validation creates inefficiencies. Can become a paper-laden process, resulting in frequent delays and potential losses for all stakeholders. How to Avoid the Complexity Single, shared, tamper-evident ledger — once recorded, transactions cannot be altered. All parties must give consensus before a new transa...