Tag Archive for: Blockchain Technology

The value of the blockchain technology on alcohol beverage enterprise based on a blockchain verification system.

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Due to social distancing being imposed everywhere in all milieux, one has to adapt and manage to get out the best of what is available. The blockchain technology is really a blessing to mankind during these moments of uncertainty. In order to speed up regulations, distributions, logistics, instead of relying on a paper based work verification, the need was there to shift to a blockchain based verification system.

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What is Bitcoin?

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By Lumai Mubanga, [email protected] In his article, I would like to endeavor to answer the question, what is Bitcoin? In answering this question in future articles, I write about the origins and motivations leading to the development of this crypto currency. Later on, I will touch on a number of important concepts related to crypto […]

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A smart contract in simple language

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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.

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The future of blockchain technology according to French energy experts ( Part 1)

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The unique features of blockchain technology (lower operating costs and safety) create new possibilities for the French energy industry. Some initiatives, such as Sunchain or Evolution Energy, are currently developing blockchain-based projects aimed at decentralizing existing energy systems.

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Anonymous and pseudonymous, are they bitcoins black holes?

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Secret societies and other underground groupings involved in both illicit and dangerous activities are usually associated with anonymity and pseudonymity connotations. Secret organizations and underground groupings do not want to be tracked and latter prosecuted. Anonymity is thus a protection mechanism.

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Why has the blockchain technology and cryptocurrencies become indispensable?

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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 […]

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Suitable business models to leverage blockchain

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When the internet became widely adopted, it was clear that many companies were going to adopt it. Today, almost all companies, learning institutions and government agencies have adopted the internet and benefit from its services. Can the same be said of blockchain?

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Blockchain is secure and trusted but inefficient

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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.

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The history of blockchain and cryptocurrency

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The US cryptographer whose name was David Chaum found an obscure cryptocurrency or electronic money called ecash. This happened in 1983. In 1995, David introduced him to Digicash. Digicash is the earliest form of electronic cryptographic payment that requires the user to have software to take notes from the bank.

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Digital currencies payments and market infrastructures

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Many banks often function in a typical manner of retailing payments as a part of their role in maintaining the stability and effectiveness of financial systems and keeping the confidence in the used currencies. With the emergence of the new form of currencies, commonly known as digital currencies, it is being examined by different committees and organizations and as such, it has had an immediate and direct impact on payments and market infrastructures.

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