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.
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.
When the bitcoin first appeared eight years ago, it promised a change in payments. People could transact directly with each other without relying on banks – but that promise had not yet been fulfilled and bitcoin had little acceptance.
By Wirba Brice Divine Ransinyuy. [email protected] Coming from a developing country with all types of challenging issues is not always an easy issue especially as it concerns economic crisis. No or limited capital flow into the economy with several restrictions on banks and financial institutions. Finmail is offering a unique opportunity and expression through creativity […]
As Bitcoin and blockchain grew increasingly popular, banks and large corporations noticed the potential applications of this new technology.
By Lumai Mubanga. [email protected] There are many forms of crypto wallets but basically, they are categorized into two groups as either hot or cold. Hot Wallets Hot wallets are online based but the difference lies in the method of access. Smartphone Apps Some examples of hot wallets are smartphone apps such as Mycelium and AirBitz. […]
Some say, blockchain chain technology is transparent. How is this true when the number of black-market transactions keep increasing and being successful with nothing done to stop it.
When the Internet gained ground and experienced exponential growth and adoption, many countries started experiencing immense benefits from innovation. One area though of service delivery though that needed to evolve to survive was the postal system. Will blockchain have the same effect on some services?
To create a dish, preparing fresh ingredients is a must. The challenging part is to manage ingredients shipment that comes from many places and need to ship fast and accurately. This condition is when blockchain technology needs to help by using blockchain, especially the Ethereum network, the shipment process can be controlled and monitored using its smart contract.
The corporate business world is filled with rival private and public entities conducting similar business undertakings. This article examines the major differences that set these apart and discuss how these compliment each other rather than setting them up as competitors.
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