KYC why is it necessary

Many banks and other financial institutions use KYC as a mandatory safety measure. If you look at the definition of what KYC or Know Your Customer policy, is, you might want to ask a question…

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Perfect applications of the blockchain technology

Blockchain appeared back in 2009 as a peer-to-peer payment system, but is it the only application? Ethereum extended blockchain boundaries by introducing smart contracts, with virtual and unlimited potential applications. Which of these applications are actually used and generate value? We analyzed smart contract calls’ statistics using indexed dataset, and found out which applications are most popular and valuable, and what are the current trends in development.

Smart contracts are growing in popularity. This is confirmed not just by media buzz, but by pure statistics. Here is a graph with the number of daily smart contracts calls in Ethereum mainnet:

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