While 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.
Every game-changer has benefits. Many of us will relate how the internet has revolutionized everything around us. Communication, relationships, finances and a lot more have changed for the better. The same applies to the blockchain. Before we discuss some perceived disadvantages, this article will briefly look at some advantages and benefits of blockchain technology.
t is not uncommon to read the following headlines in some national and private newspapers: “Retirees protest over unpaid retirement”. This article will discuss how the Ethereum blockchain can solve some of these endemic problems.
By Lumai Mubanga. [email protected] There are many forms of crypto wallets but basically, they are categorized into two groups as either hot or cold. Hot Wallets Hot wallets are online based but the difference lies in the method of access. Smartphone Apps Some examples of hot wallets are smartphone apps such as Mycelium and AirBitz. […]
Foreign aid disbursements have been a challenge for donor countries for some time. The aid is normally sent to developing countries in war-torn countries, refugee camps and underdeveloped countries especially in Africa, South America and middle east. some of the challenges have been lack of accountability, absence of records and the aid not reaching the intended recipients. Blockchain, however, seems to have been the solution already. This article will discuss how that could be possible and how it is being done.
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.
Aside from addressing many bottlenecks associated with proof of work, proof of stake is not without its flaws. For instance, it seem to have introduced its own problems such as the “Rich getting richer”, liquidity issues and the possibility of one changing the history of the block chain.
As an open source hosted by the Linux foundation, hyperledger cuts across many industries. Unlike bitcoins, it is actually more enterprise focused than any other similar platform. Nevertheless, just how unique is hyperledger?
The main challenges affecting health care institutions, especially ones where they have diverse clientele dotted in different locations is keeping trusted data in sync. With thousands of payments and claims to be made each day, they need a system that can quickly process, sync, minimize any serious errors, and provide an accurate record of trusted data.
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?
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