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?
Revolutionary blockchain concept – Smart Power Grids
/0 Comments/by Mubanga LUMAIBlockchain can be used to provide digital services. In monetary transactions, this has been demonstrated in many ways.
The three pillars of a distributed system
/0 Comments/by finmailBy Lumai Mubanga. [email protected] In a previous article, I pointed out that distributed systems are the foundation of the bitcoin/block chain technology. It is now common knowledge, despite many current debates for and against this technology that the world is at a verge of a major breakthrough in technological advancement. For example, think for a […]
Blockchain application in the insurance industry
/0 Comments/by Mubanga LUMAIThe insurance market is one of the largest and dynamic industries. It is one industry where quick decisions need to be made based on real and authentic data as well an industry fraught with fraud, inefficiency and unprocessed claims amounting to billions of dollars. How will blockchain technology help such an industry?
Are smart contracts in their current form the ultimate?
/0 Comments/by Mubanga LUMAIThe 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 is not a magic bullet for all application part 3
/0 Comments/by Mubanga LUMAIIn parts 1 and 2, we discussed a number of characteristics required for applications to consider before leveraging blockchain platform for efficiency and robustness. In this article, we round it up with three more criteria for blockchain use.
Dash – an altcoin with a difference
/0 Comments/by Mubanga LUMAIThe 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.
Blockchain application and the health industry
/0 Comments/by Mubanga LUMAIThe 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?
Why the rapid growth of blockchain in Asia Pacific region
/0 Comments/by Mubanga LUMAIThe Asian Pacific region is one unique region in the world that has witnessed the rapid growth of blockchain application. Perhaps only next to Europe and the US, it has surpassed Latin America and Africa combined.
Blockchain and tollgate fee management
/0 Comments/by Mubanga LUMAITollgates around the world are used as revenue collection points from motorists on behalf of the government. The idea is to prioritize road repair and maintenance without waiting for government budgets. How blockchain can help improve present system works?
