The blockchain – what it is part 2
In this article, we continue to look at that comparison by considering other features that make it unique and adaptable for worldwide use such as distributed, a chain of blocks and process integrity.
Entries by Mubanga LUMAI
Mimblewimble in blockchain, at what price?
In plain language, mimblewimble refers to the tongue-tying curse that binds the target’s tongue to keep them from talking about a specific topic or subject. In short, it is a term to define some level of privacy that need to be kept.
Decentralized grading systems – how blockchain can curb sex for grades
In 2019, the British broadcasting corporation carried a disturbing documentary entitled “Sex for Grades: undercover inside Nigerian and Ghanaian universities – BBC Africa Eye documentary.” How blockchain can unsettle this?
Blockchain application and the health industry
The medical industry is one of the largest industries in the world with billions of clients. The fact that every citizen needs it means it is one industry with the potential to make billions of dollars. Every country has its own unique challenges when it comes to handling medical services for its citizens. However, one common challenge is data availability and privacy of that data. Is blockchain finally the answer to that dual necessity?
Are smart contracts in their current form the ultimate?
The term “smart” in smart contracts may well excite many readers to think they are the ultimate solutions. Perhaps you may think of smartphones and what they are capable of doing. You use smartphones to surf the net, send emails, watch movies, conduct zoom meetings, transact, take pictures and videos, learn, teach, and many other everyday conveniences. While that is smart indeed, does the same apply to blockchain’s smart contracts in their current form?
Blockchain and the stock exchange
If after hours trading refers to the case of trading, what’s stopping financial institutions from enabling after hours trading online today?
Blockchain and unintended environmental costs
Blockchain technology is just rising and its full wider adoption is yet a few years from now. However, could there be some unintended consequences of using Blockchain, more so on a wider scale?
Why blockchain will appeal to sensitive consumers
Sensitive users will now be able to purchase any time with a clear conscious because they will have known everything about the product before purchasing it. Indeed, when fully-fledged, sensitive users will find block chain more appealing.
Dash – an altcoin with a difference
The crypto market is still growing with new crypto assets on a daily basis and catching up on this surge is a challenge. However, there are a good number of older crypto assets that may not be as popular to many as the new ones being offloaded into the market. One such an asset is the Dash.
Fundamental comparisons between hyperledger and ethereum (part 2)
In part (2), we will consider three more aspects, namely the consensus mechanisms, processing times, and privacy. This will throw more light on the dynamics of blockchain technology and highlight the reason why no one platform is the answer to all challenges.
