Will Cryptocurrencies democratize everything?

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The well-known immediate effect of cryptocurrencies in our world today has been its decentralization of finances sector. However, could this successful decentralization of some financial transactions lead to more decentralization or democratization of other spheres of day-to-day life?

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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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Implications of blockchain design models (Part 1)

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Blockchain designing principles have direct implications on the way the blockchain will scale, operate and interact with users. To a larger extent, the chosen design perspective determines how many users can use the blockchain at a given time and how fast transactions can be processed.

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The power of ethereum

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Have you ever realized the power of Ethereum? In this article, we will discuss a few applications that the Ethereum blockchain is being used for. With more than 300, 000 developers across the world developing applications using more than 10, 000 nodes, Ethereum’s power is only beginning to be felt.

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Digital signature schemes – How they work?

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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 […]

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How powerful is blockchain disintermediation effect?

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Disintermediation is the ability to remove intermediaries in financial transactions to save costs. Blockchain has however demonstrated that intermediaries can be done away with effectively, if not at a lesser cost than is attainable today.

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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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Increasing Ethereum companies – A sign of world wide acceptance?

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Much like any other technological development, the crypto space has seen an explosion in the number of companies that have sprang up to directly or indirectly support the ecosystem.

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Does blockchain immutability guarantee accuracy?

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The greatest benefits blockchain has introduced into database systems is immutability. While data can be added and “updated”, it cannot be deleted or edited. However, does it guarantee the accuracy of the data?

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Bitcoin wallets

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By Lumai Mubanga. [email protected] There are different types of Bitcoin users, from the very basic user to the most advanced users. It is very important for users to understand at what level they are involved in the cryptocurrency space in order to derive the most benefits from the system. It’s all about knowing how the […]

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