Bhargavi Thiagarajan

  Introduction In the realm of cryptocurrencies, privacy has been a fundamental concern for users seeking financial autonomy and anonymity. Most cryptocurrencies offer pseudonymous transactions, concealing real-world identities behind cryptographic addresses. However, recent developments in technology, increase in on-chain crimes and the rising involvement of courts of law have highlighted the vulnerability of this privacy, shedding light on the challenges of deanonymization and the ensuing limitations on privacy within the cryptocurrency ecosystem. Understanding Deanonymization Deanonymization refers to the process of unveiling the true identities of cryptocurrency users by analyzing blockchain transactions and associated data. While crypto wallets appear to be collections of random characters, with advanced techniques, analysts can link addresses to individuals or organizations. This process involves analyzing transaction patterns, metadata, public information, and even external ...

Decentralized Autonomous Organization (DAO) is an internet-based borderless democratic organization of persons working towards shared goals and funded by a shared treasury to achieve their common objectives. DAOs are borderless, devoid of central leadership hierarchy, and not affiliated to any nation-state, making it a highly efficient way of working together with like-minded individuals across the globe. DAOs are cropping up in many sectors and are enabling businesses to run like never before. DAOs are also opening up new frontiers for Digital Startups and nurturing internet communities to monetize their collaborations.  What is a DAO? A Decentralized Autonomous Organization runs on an open-source blockchain protocol. The organization is governed by a well-defined code decided by its stakeholders. The code (alternatively, “set of rules”) is encoded into the protocol, and based on the occurrence of the specified conditions for a particular action, the program self-executes. This el...

Non-Fungible Tokens are unexchangeable tokens that represent ownership of a digital asset on a blockchain network. These tokens can represent the digital version of any form of asset- ranging from claims over physical assets such as a building or digital commodities like music, essay, art and so on.  NFTs are powered by blockchain networks and the properties of Blockchain technology such as ownership, authenticity and immutability also apply to these tokens. NFTs certify and validate the ownership of a digital asset in a decentralized network. Each NFT is encoded with metadata that is specific to that token, making it unique. This helps differentiate the original asset from any duplicates. These tokens are an on-chain representation of off-chain assets making the process of transferring these assets more transparent and efficient using blockchain networks and smart contracts. NFTs are also gaining popularity owing to its ability to remove intermediaries in the process of collecting...

  In Brief -Decentralized Finance (De-Fi) is a peer-to-peer financial system that allows users to transact securely through smart contracts and blockchain technology without the presence of a central authority and data-prying intermediaries. -De-Fi applications support financial transactions of all kinds using cryptocurrency and provide an immutable, transparent and borderless infrastructure. -The De-Fi market has seen a growth of 1200 percent since 2020 and has the potential to overshadow traditional finance models in the near future. Overview What is De-Fi? Decentralized Finance (De-Fi) is a blockchain-native financial infrastructure powered by smart contracts. The decentralized financial markets run on public blockchains such as Ethereum and closely replicate services offered in traditional finance. Owing to the use of smart contracts, De-Fi services are transparent, immutable and interoperable. It uses a distributed ledger technology that allows all users on the network to acce...

In Brief- - Smart Contracts are self-executing digital programs that run on blockchain networks. A smart contract is an agreement represented as a computer code that enforces itself based on a predetermined set of instructions.  - Smart Contracts do not require any trusted central third-party to hold and verify data regarding transactions. Instead a decentralized network of nodes on the blockchain network use the executable program to validate and verify the transaction.  - Several smart contracts can be integrated to perform complex transactions to form Decentralized Applications, De-Fi Platforms and the like. Background Billions of transactions are executed each day on the internet. It can be in-app purchases, online shopping, banking services or numerous other agreements. To complete transactions, several functions are required. For example, a person wanting to purchase a house would require a website that lists available properties, a communication system with the seller, ...