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.
By Lumai Mubanga. [email protected] There are different conception regarding the use, mining and ownership of bitcoins just as there are different ideas of bitcoin users. This article will discuss the types of general bitcoin users be it millennials or old folks, and the type of services attached to each type. It is noteworthy to state […]
The 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?
One critical problem that the world faced sometime back was the use of diamonds to fund rebel groups against governments. Such diamonds were referred to as conflict diamonds, or “blood diamonds.” Africa was full of news related to this in the DRC, Central African Republic and Sierra Leon.
Blockchain deals with digital documents and any authentication to be done in the system will demand the use of digital authentication mechanisms. As such, all documentation is ‘stamped’ with digital signatures.
In part 1, we focused on one similarity and two types of PoS algorithm. This article will briefly review this and then discuss why proof of stake was introduced.
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?
Many underdeveloped countries have a huge challenge in accounting for the massive land they own. With millions of hectares of land available largely owned by the state, they lack the mechanism to properly manage, allocate and account for.
By Lumai Mubanga. [email protected] Editor note from Finmail: The title is slightly updated to reflect the content. I woke up to the world of cryptocurrency in 2016, at the time when Bitcoins were gaining momentum and its market value was increasing. Out of sheer curiosity, I jumped into the band wagon, with no clue to […]
Blockchain is a combination of two long-standing technological developments.The first one is distributed ledger technology, and the second one is cryptography. The same holds true with bitcoins as a cryptocurrency. Its base is the blockchain which sits on the two old technologies. We see how human innovation is truly avoiding reinventing the wheel and the efforts are paying off.
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