By Lumai Mubanga. [email protected] The history of Bitcoin is shredded in bad historical “books” partly because of its stringent privacy policy, a policy that made it very difficult to tie digital identities to real world users as well as its decentralization policy, a policy that ensured that no central entity could be summoned to fix […]
Sensitive users will now be able to purchase any time with a clear conscious because they will have known everything about the product before purchasing it. Indeed, when fully-fledged, sensitive users will find block chain more appealing.
By Wirba Brice Divine Ransinyuy. [email protected] Editor note: Title has been slightly updated It is obvious that in life there is always a place or vacuum to learn something new. It is never late to have knowledge, especially if the knowledge is of very great value and importance. The knowledge acquired might not be of […]
By Lumai Mubanga. [email protected] They say there is no breakthrough success without frustrating failure. That is very true with the success of Bitcoin. Bitcoin immerged as the first successful cryptocurrency after many attempts by other forerunners who made early attempts. The success of bitcoins paved way for many more altcoins to emerge, thanks to Bitcoin […]
In parts one and two of “blockchain – what it is”, we discussed why the tech design of blockchain has enabled it to be adaptable for worldwide use and adoption. Unlike the internet, blockchain is all about resource and asset management as opposed to information sharing and determination. But is blockchain infallible? What is it not?
The government is interested in cryptocurrencies such as bitcoins, which means that most virtual currencies, economic system and authorities financial models are cashed without joining a residential bank. Citizens can transfer large sums of tax without the knowledge of the authorities while avoiding or facilitating the payment of taxes.
Blockchain technology could trace farm products to create a reliable supply chain that could ensure food availability in a nation or restaurant inventory. Implementing blockchain becomes a hope to increase farmer welfare while controlling product price at the customer level.
In recent years, the rise of blockchain technology has begun. Various organizations, from the healthcare sector to the financial area, have called on the blockchain to find ways to stay safe and share data quickly and easily. In short, the immovable nature of blockchain makes it easy to know how many valuable data have been placed.
The Internet of Things (IoT) is a cyberspace that identifies connected computing devices, digital objects. The purpose of the IoT domain is to connect and transfer data from one point to another without human or computer intervention.
With Relation to BITCOIN or CRYPTO currency, sites that use crypto currency to transact are one step ahead of site that don’t.
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