by Lumai Mubanga Legal tender is usually government-issued and controlled. It is regarded, as a national assert recognized and used as legal tender in other neighbouring countries. Legal tender is also regarded as national pride and a sign of sovereignty. Some more powerful legal tender currencies like the US Dollar are also used as reserve […]
The blockchain technology has introduced many terminologies. Common terminologies associated with this include blockchain itself, micropayments, digital currency, and cryptocurrency, halving bitcoins, trust protocols and smart contracts. If you are new to blockchain technology, surely you have a lot to learn. This article will look at smart contracts in simple terms.
In the previous article entitled “Blockchain technology, a culmination of old technologies” we discussed two old technologies on which blockchain is built. These are cryptography and distributed systems. In this article, we move a step further to discuss additional features that have made blockchain what it is today.
By Wirba Brice Divine Ransinyuy. [email protected] Editor note: Title has been slightly updated Every time and then in the world these days around, a new technology comes along that changes everything in an unbelievable way. Too many experts and observers, the latest trend now is the blockchain technology and how it has revolutionized the digital […]
Electronic securities have become a talking point in recent times, that is for the past and recent years. In the face of innovation and constant changes in the domain of the digital world, there is the need of a spontaneous and adequate response in order to preserve online information and transactions in tact.
By Wirba Brice Divine Ransinyuy. [email protected] Nowadays, we are living a second created made man world in the name of digital world. Even the things we were not expecting has gone digital. When the internet came to existence, its prime objective was to enable and facilitate communication between people, between parties and between nations. But […]
By Wirba Brice Divine Ransinyuy. [email protected] Editor note: Title has been slightly updated The world is in agony and it is obvious that they are smaller nations suffering the more from these crisis or agony with no or less solutions for these countries. As such, these countries are currently suffering from problems there are not […]
It is of no new knowledge that the main predominance of the blockchain technology is the financial world and its various systems. The blockchain technology is so much involve in the financial world in such a way that it needs to have the highest security in terms of protection of user’s data and information.
The debate as to whether the rise and adoption of blockchain is a natural evolution or a consequence of revolution will be around for some time to come. While others contend that it is a revolution, others strongly feel that it is an evolution because change is inevitable.
By Wirba Brice Divine Ransinyuy. [email protected] Central banks and retailing banks are pursuing how to better get in contact with blockchain technology. A huge number of central banks throughout the world have started to research, do piloting and actively aiming on how to better use the blockchain technology in all its aspects from the biggest […]
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