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.
By Isaac Nzau Cryptocurrency technology has revolutionized the way people conduct business around the world over the last ten years. Blockchain is the technology used in cryptocurrency. Unlike other forms of currency like the dollar and euro, cryptocurrency is a decentralized currency and trade can be done peer to peer without a third party. Other […]
The medical industry is one of the largest industries in the world with billions of clients. The fact that every citizen needs it means it is one industry with the potential to make billions of dollars. Every country has its own unique challenges when it comes to handling medical services for its citizens. However, one common challenge is data availability and privacy of that data. Is blockchain finally the answer to that dual necessity?
By Wirba Brice Divine Ransinyuy. [email protected] When Blockchain technology made its apparition, many people doubted its prevalence and thus did not understand the importance of blockchain technology neither the viability of blockchain technology applications nor their potential benefits. As time went on, things turned around and people starting seeing and understanding the potentials and benefits […]
The world with bitcoin today, is not like before. How bitcoin is large today and known by so many, Is not as before. The courage people have to deal with bitcoin is different as before.
Blockchain can be used to provide digital services. In monetary transactions, this has been demonstrated in many ways.
how “new” is the new way the Ox protocol work with regard to the exchange coins? If you know, the person you want to trade with, all you need is to send an Ox order via messenger or email. Then, all they need to do is accept the order and execute.
Law enforcement is another sector were block chain is yet to find adoption and full implementation. As a security wing in most countries, law enforcement relies heavily on the exchange of information between countries and states.
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.
By Wirba Brice Divine Ransinyuy. [email protected] Editor note: Title has been slightly updated It is no hiding that the world’s economy is in a very critical position and situation with everyone trying to bring out a solution in order to seldom these critical situations that are handicapping and making life really difficult for everyone in […]
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