Suitable business models to leverage blockchain

When the internet became widely adopted, it was clear that many companies were going to adopt it. Today, almost all companies, learning institutions and government agencies have adopted the internet and benefit from its services. Can the same be said of blockchain?

Increasing Ethereum companies – A sign of world wide acceptance?

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.

Anonymous and pseudonymous, are they bitcoins black holes?

Secret societies and other underground groupings involved in both illicit and dangerous activities are usually associated with anonymity and pseudonymity connotations. Secret organizations and underground groupings do not want to be tracked and latter prosecuted. Anonymity is thus a protection mechanism.

Enterprise blockchain platforms (Part 2)

Enterprise blockchain is designed slightly different from private blockchain in general. Remember, there are three main properties that are taken into consideration when designing a blockchain.

The blockchain – what it is not (part 1)

In parts one and two of “blockchain – what it is”, we discussed why the tech design of blockchain has enabled it to be adaptable for worldwide use and adoption. Unlike the internet, blockchain is all about resource and asset management as opposed to information sharing and determination. But is blockchain infallible? What is it not?

How blockchain can help reduce traffic offence bribery

Governments worldwide have clearly spelt out specific penalties related to road traffic offences. Unfortunately, governments continue to lose a lot of revenue due to bribes on the roads.

Will Cryptocurrencies democratize everything?

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?

Digital signature schemes – How they work?

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 […]

Crypto bubbles & Ethereum Review

By Lumai Mubanga. [email protected] Editor note from Finmail: The title is slightly updated to reflect the content. Ever heard of Bitcoin and Ethereum Bubbles? The Bitcoin bubble was followed by the Ethereum bubble. Recall that the Bitcoin hype was created by speculative trading and the alleged Chinese business men entry into the cryptocurrency market. After […]

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?