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.
When it comes to adopting blockchain applications, there is usually a cultural lag in many societies. It took several years for millions of people to start using the internet and its various services. However, it appears blockchain adoption may take a similar root, with some countries catching up perhaps decades from now.
Initial Coin Offerings – ICOs are proving to be among the best fundraising options for huge blockchain projects. Some companies have raised huge amounts of investment capital beyond expectation. But what makes ICOs more innovative than the traditional venture capital? How does this mode of raising capital motivate open source projects?
You may already know about the terms such as proof of work (PoW) and proof of stake (PoS) in relation to bitcoins, Ethereum and EOS cryptocurrency. Each cryptocurrency has a set of unique protocols that determine its operations. What though is Zero-Knowledge-Proof?
Cook County is one of the most populous counties in the US with a population of about 5 million. However, it had many challenges in terms of real estate management. In 2017, it embarked on a vicious project to adopt blockchain to manage its real estates. However, what were some of the main reasons? Can other states and countries worldwide learn from it?
The whole point of developing cryptocurrencies has been taking control back to the people, the users. Bitcoin and indeed all cryptocurrencies have been developed to empower ordinary users with complete control and easy access to their assets, in this case, money. Thus, the central hold and control of huge financial firms on people’s money have been threatened.
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 Lumai Mubanga. [email protected] There are different conception regarding the use, mining and ownership of bitcoins just as there are different ideas of bitcoin users. This article will discuss the types of general bitcoin users be it millennials or old folks, and the type of services attached to each type. It is noteworthy to state […]
by Lumai Mubanga Legal tender is usually government-issued and controlled. It is regarded, as a national assert recognized and used as legal tender in other neighbouring countries. Legal tender is also regarded as national pride and a sign of sovereignty. Some more powerful legal tender currencies like the US Dollar are also used as reserve […]
This article will explore the early attempts made in search of transaction anonymity, what protocols supported that designs as well as how Monero forked to be what it is today.
Patent: JP7308496
* All information is subject to the English version
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