One critical problem that the world faced sometime back was the use of diamonds to fund rebel groups against governments. Such diamonds were referred to as conflict diamonds, or “blood diamonds.” Africa was full of news related to this in the DRC, Central African Republic and Sierra Leon.
By Lumai Mubanga. [email protected] When Nakamoto Satoshi released the source code for bitcoins in 2009, he probably did not realise the wider effects of that act on the world economy. He set forth a stream of innovations that would give birth to different terms and expressions that would become common in our century and beyond. […]
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 Lumai Mubanga. [email protected] All cryptocurrency users have two types of digital signatures. These are private and public keys. Recall that both messages and transactions are sent over the Bitcoin network pseudonymously and trustlessly. This is achieved partly through the use of digital signatures. Transactions contained in previous blocks of the blockchain are tamper-proof, meaning […]
By Kelvin Boateng. [email protected] Blockchain is certainly an emerging as well as futuristic method that can be merely described as a decentralized technique. Blockchain technology is a peer to peer without the participation of the 3rd party. However, what does it suggest? Is Blockchain completely secured? Blockchain is acquiring nearly all the fields and reshaping […]
With Relation to BITCOIN or CRYPTO currency, sites that use crypto currency to transact are one step ahead of site that don’t.
There are several ways how a foundation head collecting money from the philanthropic. In the traditional method, the philanthropic send their money into the intermediary charity service like an NGO. On the other hand, blockchain fundraising has several advantages against the traditional method.
By 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 […]
The main reason why businesses use blockchain is that blockchain could create a complete record, that craft in its chain that shows every data movement that happens. The data record is shared with all the stakeholders within a close loop network.
By Wirba Brice Divine Ransinyuy. [email protected] As the world has often known, there is constantly an air of change and innovation that the world constantly witnesses. This is how the world has always existed. It is just preferable to accept it and make it a part of us. Some innovations come and stay, whereas others […]
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