The rise of enterprise blockchain
As Bitcoin and blockchain grew increasingly popular, banks and large corporations noticed the potential applications of this new technology.
Tag Archive for: Blockchain Technology
Blockchain application and the financial industry
/0 Comments/by Mubanga LUMAIWhen bitcoin was invented, it had clear goals of eliminating the controlling financial authorities over personal funds. It aimed to eliminate banks and other financial institutions and give power back to the owners. However, when enterprise blockchain became popularized, blockchain found fertile soils for easy incorporation into its genetic code. Diverse applications resulted.
Blockchain business in the IoT (Internet of things)
/0 Comments/by arbaz khanThe Internet of Things (IoT) is a cyberspace that identifies connected computing devices, digital objects. The purpose of the IoT domain is to connect and transfer data from one point to another without human or computer intervention.
What is DeFi and why is it the freshest price tag in cryptocurrencies? (part 2)
/0 Comments/by salman khanEarlier, regulators were behind the curves, and DeFi managed to make progress in the region. For example, in a typical unsecured loan, it is a lawful necessity for the lender and the borrower to know each other and assess the borrower’s ability to repay the loan. No one needs to deny. Instead, it’s about trusting each other and protecting your privacy.
End of global resolution when another country introduces its cryptocurrencies
/0 Comments/by hania ahmedCryptocurrencies have experimented with the use of blockchain for international payments. But countries benefit the most from the use of equality. It is state-sponsored and a fully decentralized digital currency like Bitcoin cannot compete with it.
Uses of blockchain for Network Engineers
/0 Comments/by finmailBy Kelvin Boateng. [email protected] Lots of lovers claim that blockchain will do for deals specifically what the net did for interactions. A blockchain is a dispersed ledger modern technology that became prominent for powering Bitcoin, the very first cryptocurrency that the world was introduced to. That claimed, in this short article, we will be reviewing […]
Mining pools what they are?
/0 Comments/by finmailBy Lumai Mubanga. [email protected] Due to the potentially higher costs related to the mining of bitcoins, mining pools were born. Just what are they and what are some pros and cons? Before we explain mining pools, let us briefly explain the types of bitcoin miners. Bear in mind that types of miners are different from […]
Proof of work and desire for decentralization
/0 Comments/by Mubanga LUMAIAlthough proof of work protocol had served the blockchain community faithfully since its inception with bitcoin, its inability to scale and its support for centralization were some of the identified weaknesses. How is the proof of work protocol perceived as supporting centralization?
Why are countries carried by the tendency of creating their own digital currency?
/0 Comments/by finmailBy Wirba Brice Divine Ransinyuy. [email protected] Advocates of the 20th and 21st century say that “The 20th and 21st centuries are the turning point in human’s race history”. They say so basing themselves on their various innovations that have taken place and with others still taking place and with more innovations still to come and […]
Types of cryptocurrencies
/0 Comments/by Mubanga LUMAIThere are three types of cryptocurrencies, namely the self-organizing cryptocurrency, the corporate cryptocurrency and state-based cryptocurrency. This article will highlight some significant differences between them.
