Internet of things (IoT) and the blockchain
Many IoT systems have a single point of failure. Once that single point of failure is attacked, the whole system becomes compromised. Can blockchain turn the tables?
Blockchain is not a magic bullet for all applications. (part 1)
/0 Comments/by Mubanga LUMAIIn spites of all the enthusiasm and hopes brought by blockchain, it is not a magic bullet for every type of problem or challenges. Many applications continue to be developed for different sectors but not all applications will be blockchain-based. This article looks at which applications may or may not be suitable for adoption on the blockchain technology.
Proof of work and desire for decentralization
/0 Comments/by Mubanga LUMAIAlthough proof of work protocol had served the blockchain community faithfully since its inception with bitcoin, its inability to scale and its support for centralization were some of the identified weaknesses. How is the proof of work protocol perceived as supporting centralization?
Blockchain indexing – a marvelous feat!
/0 Comments/by Mubanga LUMAIThe graph has immerged as that blockchain “search engine” equivalent to google… it is a protocol developed to specifically index and make queries on blockchain data. As a blockchain user, you have much to explore and learn about the Graph.
Blockchain applications in real estate
/0 Comments/by Mubanga LUMAIMalicious attackers, poor record-keeping, government corruption and natural disasters have made land management and real estate management a real challenge. How is the blockchain technology being applied to solve some of these problems?
Blockchain and the music industry
/0 Comments/by Mubanga LUMAIThe music industry is yet another sector that could benefit immensely from Blockchain technology once adopted and fully implemented. This is another sector poised to benefit more from the potential offered by smart contracts. It is one industry with so many intermediaries and the elimination of some of these could prove beneficial.
Can blockchain change african “democracies”?
/1 Comment/by Mubanga LUMAIUnlike most advanced economies and systems, Africa lurks far behind in many areas. Few countries really appreciate and trust democratic systems in African countries. This article will discuss the unique challenges faced by many African states and how blockchain may finally overcome some of these challenges.
The lifecycle of an ICO
/0 Comments/by Mubanga LUMAILike any undertaking, ICOs undergo several stages leading to the launch of a token or project. However, it must be acknowledged that there’s a lot of learning still going on in the “tokenomics” world.
Likely barriers to blockchain adoption in developing countries
/0 Comments/by Mubanga LUMAIWhile the developed countries easily adopt these technologies easily because of their educated populace and advanced infrastructure, the developing countries have their own challenges that make them either delay or forego the adoption. This article will highlight the most likely barriers developing countries will likely face in adopting blockchain.
Blockchain is secure and trusted but inefficient
/0 Comments/by Mubanga LUMAIThe purpose of innovative solutions is to be more efficient, secure and trusted in comparison to present solutions. While blockchain for sure has proved to be more secure and trustworthy, there seems to be one area in which more innovation is required to polish it up and make it to near perfection. That is the area of efficiency.
