Blockchain design – the 5 perspectives to consider.

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There are many types of blockchain designs and each is built on any of the five pillars we will discuss in this article. However, we hasten to state that there could be something already being developed that will surpass current knowledge.

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Are smart contracts in their current form the ultimate?

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The term “smart” in smart contracts may well excite many readers to think they are the ultimate solutions. Perhaps you may think of smartphones and what they are capable of doing. You use smartphones to surf the net, send emails, watch movies, conduct zoom meetings, transact, take pictures and videos, learn, teach, and many other everyday conveniences. While that is smart indeed, does the same apply to blockchain’s smart contracts in their current form?

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What are some blockchain benefits?

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Every game-changer has benefits. Many of us will relate how the internet has revolutionized everything around us. Communication, relationships, finances and a lot more have changed for the better. The same applies to the blockchain. Before we discuss some perceived disadvantages, this article will briefly look at some advantages and benefits of blockchain technology.

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Blockchain applications in real estate

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Malicious attackers, poor record-keeping, government corruption and natural disasters have made land management and real estate management a real challenge. How is the blockchain technology being applied to solve some of these problems?

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Decentralized grading systems – how blockchain can curb sex for grades

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In 2019, the British broadcasting corporation carried a disturbing documentary entitled “Sex for Grades: undercover inside Nigerian and Ghanaian universities – BBC Africa Eye documentary.” How blockchain can unsettle this?

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Why people may be turning to blockchain for financial trust

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After the 2007 to 2009 financial meltdown that left millions financially stranded and asset-stripped, people seemed to have gained a measure of trust to blockchain and cryptocurrencies that came on board almost immediately.

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Blockchain application and the health industry

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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?

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How blockchain can be used to manage land titles

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Many underdeveloped countries have a huge challenge in accounting for the massive land they own. With millions of hectares of land available largely owned by the state, they lack the mechanism to properly manage, allocate and account for.

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How Africa can immensely benefit from blockchain technology (part 3)

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In this article, we will discuss how Africa can still benefit in other areas such as credible voting.

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Validating transactions in crypto space

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By Lumai Mubanga. [email protected] The absence of a central control master in cryptocurrencies creates the question of who validates transactions when making or receiving payments. This article explains how Bitcoin transactions and other cryptocurrencies are validated. Let us begin with the traditional banking transaction scenario. The client’s fund is aggregated into one count. When a […]

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