Today, there are three major problems with how we transact online today: users have low privacy, fraud prevention efforts cost businesses a lot of money, and password-based authentication leads to frequent data breaches. Will the blockchain-based self-sovereign Identity rectify these?
Launched in 2017 by the Linux foundation, hyper ledger has been gaining momentum, perhaps more that bitcoin blockchain. What is it that could be making hyperledger more appealing than its predecessor?
Much like any other technological development, the crypto space has seen an explosion in the number of companies that have sprang up to directly or indirectly support the ecosystem.
When the Internet gained ground and experienced exponential growth and adoption, many countries started experiencing immense benefits from innovation. One area though of service delivery though that needed to evolve to survive was the postal system. Will blockchain have the same effect on some services?
In the previous article entitled “Blockchain technology, a culmination of old technologies” we discussed two old technologies on which blockchain is built. These are cryptography and distributed systems. In this article, we move a step further to discuss additional features that have made blockchain what it is today.
The 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.
By 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 […]
When the internet was born, it proved to be a game-changer in many ways. From education, finance, health and industrial applications, it was hailed as a tool that would change the way we live. In addition, true to that, we have witnessed the truth of those expectations. However, it is far from achieving everyone’s dreams as initially portrayed.
The 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.
The corporate business world is filled with rival private and public entities conducting similar business undertakings. This article examines the major differences that set these apart and discuss how these compliment each other rather than setting them up as competitors.
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