Tag Archive for: Blockchain Technology

Possible effects of blockchain on world business enterprises.

With Blockchain gaining more and more momentum and adaptations across different platform, it appears the technology is just heating up and is yet to reach its climax in ita transformative wave across businesses. This article endeavours to speculate on the possible effects Blockchain will have on businesses in general.

The unmissed opportunities that the blockchain technology has to offer to the entire world.

At this time of the year that every eye is focused essentially on the coronavirus, there are many things that could had been avoided like the cancellation of election and voting with the use of the blockchain.

Types of Bitcoin wallets

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. […]

Difference between digital money and virtual money and what they offer

By Wirba Brice Divine Ransinyuy. [email protected] We are living in a time where technology is having a huge impact on our day-to-day life as our entire life is being dominated by digital dealings. This is visible in many aspects of our life. It has brought changes which we cannot deny or refuse to accept as […]

Self-sovereign identity and identity management

Today, there are three major problems with how we transact online today: users have low privacy, fraud prevention efforts cost businesses a lot of money, and password-based authentication leads to frequent data breaches. Will the blockchain-based self-sovereign Identity rectify these?

Illegal poaching, how can blockchain help?

With so many use case coming up for a lot more scenarios, this article endeavours to speculate how blockchain can be used in the near future to help fight poaching and natural resource depletion especially in African countries that seem to be at the receiving end of these illegal activities.

Commercial enterprise of Facebook cryptocurrency

He is preparing to release the bitcoin version of the messaging program for use on Facebook, WhatsApp, Messenger and Instagram. This could be a long-awaited success, as Facebook is the world’s leading technology company in the lucrative microfinance market. Or not?

Blockchain and unintended environmental costs

Blockchain technology is just rising and its full wider adoption is yet a few years from now. However, could there be some unintended consequences of using Blockchain, more so on a wider scale?

Smart Farming System With Blockchain

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.

Likely barriers to blockchain adoption in developing countries

While the developed countries easily adopt these technologies easily because of their educated populace and advanced infrastructure, the developing countries have their own challenges that make them either delay or forego the adoption. This article will highlight the most likely barriers developing countries will likely face in adopting blockchain.