From the Present to the Near Future of Blockchain Apps

• 5th February 2018
• Michael Kordvani
• finance

With the rise of dApps and their prospects for making our lives easier across the globe, at least as means of financial transfers, many app developers are fully invested to work on the decentralized networks. Blockchain development is more popular, despite concerns by disbelievers that dApps have limited potential and that they are not likely to produce significant breakthroughs. Killer apps show up to contrast the opinion; we are seeing the success of tokenization and micropayments, as well as the combined application of blockchain development and neural networks to create ...

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Calculate break even point for multiple products

• 27th December 2017
• Vasilis Vontikakis
• finance

When running a business is important to know what is your break even point so you can set your sales target correctly. There are fixed and variables costs, break even point is the level where the revenue equals the total cost, so the business does not make or lose money. To calculate this there are various methods but we will use one which will cover multiple products.

First we have to know sales price of each product and the variable cost so we can calculate the contribution margin of each unit. Let's say that we offer three major products and the percentage of sales we expect from ...

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Solidity language to create Smart Contracts

• 11th December 2017
• Vasilis Vontikakis
• finance

Solidity is a high level programming language that we can use to create smart contracts in ethereum, solidity as a language was design to target the EVM machine. The contracts that can be created are  applications, machine code, that will running on ethereum blockchain. Examples of such contracts could be a voting mechanism, an auction, a currency and also many other ideas can be applicable there. If you are already using nodejs, the solidity compiler can be installed easily through nodejs's packaging system. In a ...

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