Blockchain designing principles have direct implications on the way the blockchain will scale, operate and interact with users. To a larger extent, the chosen design perspective determines how many users can use the blockchain at a given time and how fast transactions can be processed.
Millions of individuals have suffered allergic reaction after consuming products bought from some chain stores. How will the adoption and implementation of blockchain helps?
We often refer to the public blockchain when discussing bitcoin, Ethereum and other related platforms. Can public blockchain be used for permissioned solutions? Can public blockchain be permissioned?
The three biggest blockchains have different approaches to tokenization. The Ethereum and bitcoins blockchain hold tokens while the Hyperledger does not. What is the purpose of some tokens on the Ethereum blockchain? How does it differ from other tokens?
With Blockchain gaining more and more momentum and adaptations across different platform, it appears the technology is just heating up and is yet to reach its climax in ita transformative wave across businesses. This article endeavours to speculate on the possible effects Blockchain will have on businesses in general.
Tollgates 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?
There are many types of blockchain designs and each is built on any of the five pillars we will discuss in this article. However, we hasten to state that there could be something already being developed that will surpass current knowledge.
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.
The whole point of developing cryptocurrencies has been taking control back to the people, the users. Bitcoin and indeed all cryptocurrencies have been developed to empower ordinary users with complete control and easy access to their assets, in this case, money. Thus, the central hold and control of huge financial firms on people’s money have been threatened.
The proof of work protocol has been in use for some time and notably for good reasons. Despite its deficiencies in terms of delayed transaction processing speeds, proof of work is considered a deliberate design meant to win the trust of network users. How so?
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