Tag: Cryptograpy

Intel Introduces Blockchain chip for Bitcoin and NFT Minting

The chip will be available later this year, with Block Inc, the Jack Dorsey-led company that just changed its name from Square Inc to emphasize its expanding focus on blockchain, among the first customers. To cash in on the growing popularity of cryptocurrencies, Intel Corp announced a new processor for blockchain applications such as Bitcoin mining and minting NFTs on Friday.

The chip will be available later this year, with Block Inc, the Jack Dorsey-led company that just changed its name from Square Inc to emphasize its expanding focus on blockchain, among the first customers.

Continue reading Intel Introduces Blockchain chip for Bitcoin and NFT Minting

Secret Image Sharing Based on Shamir’s Scheme

With thriving of Internet, we are fulfilled with enormous amount of
data. And security is one of the important aspect we need to tackle for
the data we send over internet. Sharing of digital contents like image
over internet in a secure fashion is a challenge with numerous attacks
present. So, storing data on a single space and transmitting over it
isn’t much more secure than it used to be. On distributed system, we
have as much space but when it come with time we are always limited.

Continue reading Secret Image Sharing Based on Shamir’s Scheme

Basics on Blockchain Technology

Blockchain is a digitally distributed, decentralized, public ledger that exists across a network. Virtually anything of value can be tracked and traded on a blockchain network, decreasing risk and cutting costs for all involved.  In a narrow sense, we can deal with blockchain as a never-ending or ever-growing digital list of data records. It is a secured technology or a mode of transmission that is used by various groups as it serves a very complex algorithm that is almost impossible or immensely difficult to crack or hack.

Continue reading Basics on Blockchain Technology

Cryptography: Trends and Status

Cryptography is the science of using mathematics to encrypt and decrypt data. Cryptography is the study of secure communication that allows the sender and recipient of a message to have highly secure and confidential to view its contents. The data is encrypted using a secret key, and then both the encoded message and secret key are sent to the recipient for decryption. In simple words the art of writing or solving codes is cryptography. Cryptography can be classified into there types:

Continue reading Cryptography: Trends and Status