Bitcoin and Bitcoin Mining
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.
Tag Archive for: Blockchain Technology
The three pillars of a distributed system
/0 Comments/by finmailBy Lumai Mubanga. [email protected] In a previous article, I pointed out that distributed systems are the foundation of the bitcoin/block chain technology. It is now common knowledge, despite many current debates for and against this technology that the world is at a verge of a major breakthrough in technological advancement. For example, think for a […]
Digital currency application and example
/0 Comments/by finmailDIGITAL CURRENCY APPLICATION -This form of currency is one available only in digital or electronic form, and not in physical form. -Can also be referred to as digital money, electronic money or cyber cash. -This system does not require any intermediary, therefore making it the cheapest to trade currencies. By adopting this system, Finmail benefit […]
Blockchain program in real estate
/0 Comments/by arbaz khan565612Non-violent aggression, low records, government corruption and natural disasters make land and property management difficult. How is blockchain technology being used to solve these problems?
Internet of things (IoT) and the blockchain
/0 Comments/by Mubanga LUMAIMany IoT systems have a single point of failure. Once that single point of failure is attacked, the whole system becomes compromised. Can blockchain turn the tables?
How Blockchain Our Personal Identity
/0 Comments/by Fauzan AnandikaThere is a way to prevent identity stealing activity. One of them is by using a blockchain in form submitting. Using blockchain, a user will get irreversible data as the identity to replace their data. There are some reasons why blockchain technology can prevent personal identity thievery.
Implications of blockchain design models (Part 1)
/0 Comments/by Mubanga LUMAIBlockchain designing principles have direct implications on the way the blockchain will scale, operate and interact with users. To a larger extent, the chosen design perspective determines how many users can use the blockchain at a given time and how fast transactions can be processed.
How smart contracts enhanced blockchain autonomy
/0 Comments/by Mubanga LUMAIAutonomy in blockchain has always been its focus. When the etherium blockchain introduced the use of smart contracts, it became apparent that autonomy on the blockchain was poised for a wider spectrum. How so?
Scams of cryptocurrency may work
/0 Comments/by hania ahmedMillions of cryptocurrency investors have been scandalized. In 2018, cryptocurrency crime losses were 1.7 billion. Criminals used to separate old and new technologies called blockchain. A form of digital currency that can be exchanged through an online database.
How changes in taxation will affect cryptocurrencies
/0 Comments/by finmailBy Darko Kolaric Update note from editor: The title is slightly updated to accommodate to the article. Accepting the use of cryptocurrency, although uncertain and symbolic at first, reached a level that no one expected. After bitcoin, many cryptocurrencies have emerged and according to some estimates, around 2,500 different virtual currencies are currently in use, […]
