Page 54 - Demo

52 IN SAFE HANDSComputing experts and researchers write novel algorithms to close security loopholes and manage privacy risks associated with the blockchain ecosystemBy now, investors are no strangers to cryptocurrencies %u2013 digital or virtual money that exists on decentralised networks using blockchain technology. Art collectors are also looking at collecting digital art tokenised via a blockchain as non-fungible tokens, better known as NFTs. Another tech buzzword attracting much media attention is Web3, the next-generation decentralised internet that is controlled communally by all participants %u2013 again built on blockchain technology. Decentralised finance (or DeFi), an emerging peerto-peer financial service based on secure distributed ledgers on public blockchains, has also created quite a buzz in both the tech and finance communities. Needless to say, blockchain is the future. So, what exactly is a blockchain?In safehands