With world in general switching more and more towards digitization during this time of lockdowns in some countries and continents as others are uplifting their lockdowns and limiting their restrictions that were put in place as a way to combat or limit the spread of the coronavirus, what will then be the future of the blockchain technology?
Blockchain technology has made it possible for information to be save. With the blockchain, information could be kept save and for a very long period of time without being interrupted or destroyed. Not only for money transactions, not only for coins, but for a general-purpose including saving information.
The coming of blockchain and bitcoins have amplified decentralization as never before. While there are assertions that decentralization has given advantages to the “bad guys” to carry out their evil schemes, there is very good reasons to believe that decentralization is what we need as a society in this era.
Blockchain is immovable, decentralized – the ability to fully manage every action, task, and day-to-day connection. This shows that we can eliminate expert judges and undermine the trust of third person. In this way, every business, administration, and non-profit movement is countered.
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.
By Wirba Brice Divine Ransinyuy. [email protected] Coming from a developing country with all types of challenging issues is not always an easy issue especially as it concerns economic crisis. No or limited capital flow into the economy with several restrictions on banks and financial institutions. Finmail is offering a unique opportunity and expression through creativity […]
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.
When you are ready to join the blockchain, there are some simple steps you will take. If it was made possible for people’s ID to be known, that will make the chain secured and peoples confident to transact using the blockchain to be made wide.
The fundamental design models between Ethereum and hyper ledger brings out similarities and differences worth noting. This article will point out fundamental comparisons and why users need to take note of them.
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.
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