Tag Archive for: Blockchain Technology

Modelling and availability of digital currencies in the Far East

By Wirba Brice Divine Ransinyuy. [email protected] The name Far East actually deserves such appellation, due to its geographical, political, social, and economical location and situation, though these countries are advancing with a great pace. In the Far East, some countries are really getting along with the western civilization as they do their possible best to […]

Why has the blockchain technology and cryptocurrencies become indispensable?

by Wirba Brice Divine Ransinyuy Is the blockchain technology and cryptocurrencies really indispensable that it is hard to deal without them when it refers to online dealings? The answer is certainly a Big YES. We live in a time; humanity does not know how the tomorrow will look like. The only certainty one can go […]

Is Bitcoin opened to everyone?

By Wirba Brice Divine Ransinyuy. [email protected] Yes, Bitcoin is beginning to take its stands as times goes on. Though it is a new type of digital currency, it is already worldly known by all as in every continent in the world, starting from America to Africa, though some continents have users of bitcoins more than […]

Blockchain is secure and trusted but inefficient

The purpose of innovative solutions is to be more efficient, secure and trusted in comparison to present solutions. While blockchain for sure has proved to be more secure and trustworthy, there seems to be one area in which more innovation is required to polish it up and make it to near perfection. That is the area of efficiency.

Early Bitcoin – A string of bad history

By Lumai Mubanga. [email protected] The history of Bitcoin is shredded in bad historical “books” partly because of its stringent privacy policy, a policy that made it very difficult to tie digital identities to real world users as well as its decentralization policy, a policy that ensured that no central entity could be summoned to fix […]

How blockchain threatens traditional third parties (part 2)

In addition to part 1, this article will focus on some other third party based payment systems and how their existence could be threatened because of the unrelenting conquest launched by block chain.

Bitcoin wallets

By Lumai Mubanga. [email protected] There are different types of Bitcoin users, from the very basic user to the most advanced users. It is very important for users to understand at what level they are involved in the cryptocurrency space in order to derive the most benefits from the system. It’s all about knowing how the […]

The Bitcoin philosophy – success from previous failures

By Lumai Mubanga. [email protected] They say there is no breakthrough success without frustrating failure. That is very true with the success of Bitcoin. Bitcoin immerged as the first successful cryptocurrency after many attempts by other forerunners who made early attempts. The success of bitcoins paved way for many more altcoins to emerge, thanks to Bitcoin […]

Bloackchain adaption in Africa

Africa is a continent with more than 50 countries. There are some institution that has branched far to Africa and they try to give an implement with bloackchain system, among them are betting and trading platforms.

Can blockchain change african “democracies”?

Unlike most advanced economies and systems, Africa lurks far behind in many areas. Few countries really appreciate and trust democratic systems in African countries. This article will discuss the unique challenges faced by many African states and how blockchain may finally overcome some of these challenges.