ICOs, possible drawbacks
Every technological breakthrough certainly has its own drawbacks. This is the case with ICOs. How do ICOs compare with venture capital fundraising? This article will consider two possible ways.
MakerDAO, a decentralized finance or Defi application. is it for you?
/0 评论/通过： Mubanga LUMAIDecentralized finance has immerged as an offshoot from the blockchain. Decentralized finance was probably unknown when bitcoin was first launched. However, it has become prominent with the surge of Ethereum network. What is it all about and is it one of those crypto “circuits” you can explore?
Implications of blockchain design models PoW (Part 2)
/0 评论/通过： Mubanga LUMAIIn part 1, we discussed the implications of using generic and public or private design models on blockchain operations. In part two, we will further discuss the implications of using a chosen consensus algorithm on the operations of a blockchain platform.
Blockchain and the stock exchange
/0 评论/通过： Mubanga LUMAIIf after hours trading refers to the case of trading, what’s stopping financial institutions from enabling after hours trading online today?
What makes blockchain more robust?
/0 评论/通过： Mubanga LUMAIIn the previous article entitled “Blockchain technology, a culmination of old technologies” we discussed two old technologies on which blockchain is built. These are cryptography and distributed systems. In this article, we move a step further to discuss additional features that have made blockchain what it is today.
Is bitcoin really decentralized?
/0 评论/通过： Mubanga LUMAIThe 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.
Self-sovereign identity and identity management
/0 评论/通过： Mubanga LUMAIToday, 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?
Blockchain and unintended environmental costs
/0 评论/通过： Mubanga LUMAIBlockchain 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?
Can cryptocurrency be legal tender?
/0 评论/通过： Mubanga LUMAIby 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 […]
ICO – a new fundraising innovation
/2 评论/通过： Mubanga LUMAIInitial 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?
