Friday, 22 September 2017

Warning! Technical jargon... Part 2

In this part we're going to talk about Blockchain Cryptography, that secret sauce that powers this whole concept. Again, we are going to mostly use Bitcoin as reference here. 

Blockchain cryptography is in the form of a Secure Hash Algorithm (SHA) to hash addresses and encrypt information. An address is where you store and perform your Blockchain transactions. A Bitcoin address is essentially your wallet where you store, receive and send coins. The Blockchain uses this address to identify you and other person's that you are dealing with.

Warning! Technical jargon... Part 1

Nah... Its really not that complicated, well maybe.

So as part of our R&D exercise, we developed the Kryptosys Demo Framework to showcase our work on Blockchain technology. It's an ever expanding project for now and will continue to grow as we build more and more solutions.

You can register for a free account here: Kryptosys Demo Framework Sign Up

Friday, 15 September 2017

And we begin...

Kryptosys was started to further our research and development into Blockchain technology. By no means we claim to be the know-all-and-be-all of this Blockchain technology. As with every other human mortal, we are continuously learning and improving ourselves as we go along. So if you need to be mean, just chill out for a bit.

The Blockchain began to emerge in early 2009 in the wake of a worldwide economic crisis, via a paper written by Satoshi Nakamoto titled "Bitcoin - A Peer-to-Peer Electronic Cash System". His 9 page paper described a new protocol and a cryptocurrency called Bitcoin.

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