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?
There are several ways how a foundation head collecting money from the philanthropic. In the traditional method, the philanthropic send their money into the intermediary charity service like an NGO. On the other hand, blockchain fundraising has several advantages against the traditional method.
With so many use case coming up for a lot more scenarios, this article endeavours to speculate how blockchain can be used in the near future to help fight poaching and natural resource depletion especially in African countries that seem to be at the receiving end of these illegal activities.
When we look at present currency and how it is being manage, the introduction of bitcoin and other currencies will just alter that chain of the normal currency and it is going to be more difficult to price goods or allocated goods with prices.
When the bitcoin first appeared eight years ago, it promised a change in payments. People could transact directly with each other without relying on banks – but that promise had not yet been fulfilled and bitcoin had little acceptance.
The hype is here, the tone is set and the technology is just passing through its infancy into its young adulthood and eventual maturity. At that time we envision blockchain becoming as popular and well understood as the internet is today. Like the internet though, many people were outright skeptical, others optimistic and another group who totally avoided it due to lack of accurate knowledge or merely cultural barriers.
By Lumai Mubanga. [email protected] When Nakamoto Satoshi released the source code for bitcoins in 2009, he probably did not realise the wider effects of that act on the world economy. He set forth a stream of innovations that would give birth to different terms and expressions that would become common in our century and beyond. […]
Coming from the Central part of Africa where life seems more difficult financially as compared to other African countries, any technology that improve our lifes will be the most welcomed.
Most people accept crypto currency during this Covid19 epidemic. do you want to know why? Because you could make money and at same stay save from the virus, just ordering from delivery companies with amazon inclusive, thus making the Man more money.
By Wirba Brice Divine Ransinyuy. [email protected] Towards the end of the first decade of the 21st century, something new came to light in the world. Since its creation, it has not stopped from evolving and improving, gaining hearts after hearts. Nations after nations are taking it into consideration, with some nations practically using it in […]
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