The acronym DApp stands for Decentralized Applications. It is a specific type of applications that does not need central servers to function, but a decentralized network. Such a network provides for its users to have full control over it and allows access to various services in a secure manner. For traditional apps, the data are stored on centralized servers and in effect allow proprietary...
On today’s Internet, competition in the e-commerce industry is getting higher and higher. Sellers trying to distribute their products or services online are increasing every day, so to achieve your sales goals you need to offer more as well. I’m talking about the content of value to your audience, enabling you to attract, entertain and ultimately convert (and thus sell), creating...
In statistics and computer science, the term big data – “large amounts of data” – generically refers to a collection of information data that is so large in volume, velocity and variation that it requires special techniques and analytical methods to extract value or knowledge. The literature thus explains what big data is and what it is for, using terms that may sound...
Here’s the glossary to increase your understanding of how chatbots work under the hood. Communicating with a chatbot starts to feel natural when you approach the customer service department of a company or other organisation. But do you really know how the technology behind the chatbot works? Enkronos has compiled a list of concepts you need to know to understand how bots work under the...
If you’re an entrepreneur or run a small business, you know that getting your product or service to the market quickly is essential. However, it can be difficult to create a product that meets the demands of consumers. Enter the concept of the Minimum Viable Product (MVP), a product or service that has the minimum number of features required to meet a particular need or solve a specific...
The comparative advantage of Ethereum over other protocols is none other than the so-called “smart contracts“. The solution promises to get rid of intermediaries. It is difficult to explain what exactly Ethereum is. Even its creators, who are well-known figures in the world of computing, find it hard to describe its limitations. But it is certainly the most interesting thing we have...
Almost four decades since the creation of the World Wide Web, the Internet, the content it offers and the ability to interact with it have gone through various stages. But evolution does not stop for a dynamic medium like the Internet, which is expected to offer new experiences in the coming years. Going back 40 years, the Internet in its early days, which generally consisted of static pages, was...
Extended reality (XR) is a creative innovation that has been changing the manner in which individuals connect with the world. XR mixes genuine and virtual universes, making a vivid encounter for clients. By superimposing advanced data onto this present reality, AR can possibly have an impact on the manner in which we work, play, and learn. Augmented reality was first presented during the 1990s...
Smart contracts are self-executing agreements with the terms of the agreement between buyer and seller being directly written into lines of code. They are programs that run on a blockchain network and automatically enforce the negotiation or performance of a contract. The use of smart contracts eliminates the need for intermediaries and middlemen, such as lawyers and banks, in contractual...
Software as a Service (SaaS) is a software delivery model in which software is hosted by a third-party provider and made available to customers over the internet. Unlike traditional software, which is installed on a user’s own computer or server, SaaS is accessed through a web browser, making it easily accessible from any location with internet access. This delivery model has become...