What You Need To Know About Blockchain, Smart Contracts, and NFT

TCoffee and Code is back for another interesting session. While this webinar series usually centers around windows app development, this new session will discuss something that is extremely popular today. Joining Ian Barker for this virtual meeting are his fellow Embarcadero MVPs Jim McKeeth and Yilmaz Toru to tackle everything you need to know about Blockchain and NFTs. This conversation will introduce us to the world of cryptography including the use of cryptocurrencies like Bitcoin, the role of Blockchain, the use of Smart contracts, the emerging popularity of NFT games, and more.

Interesting History about Bitcoin

Bitcoin, as we all know, is the first ever decentralized cryptocurrency. It was first released as an open source in 2009 and the success of it resulted to the creation of other cryptocurrencies. Interestingly, Bitcoin was designed by a certain Satoshi Nakamoto who claimed to be a middle-age man but turned out to be non-existent.

Everything You Need to know about Blockchain

There were multiple attempts in the past to create digital money but most of them failed until the Bitcoin was launched. Interestingly, Bitcoin uses a specific type of database called Blockchain. Generally, it is a term utilized to represent distributed ledger technology (DLT) where transactions are recorded with an immutable cryptographic signature called hash. The panel will address all the Blockchain-related question in this video.

Working with Smart Contracts

In connection with Blockchain, this session will also discuss the purpose of smart contracts which are programs stored on a blockchain that allow us to convert traditional contracts into digital parallels. The team will also introduce us to Ethereum which is an open-source blockchain with Smart contract functionality. They will also show us how to connect and work with Ethereum using Delphi.

Making Sense Out of NFT

The panel will also discuss the emerging popularity of games that use Non-Fungible Tokens or NFT. Interestingly, these NFTs can be associated with easily-reproducible items such as photos, videos, audio, and other types of digital files as unique items and use blockchain to give the NFT a public proof of ownership. To know more about them, feel free to watch this TCoffee and Code Session below.