Likely barriers to blockchain adoption in developing countries

While the developed countries easily adopt these technologies easily because of their educated populace and advanced infrastructure, the developing countries have their own challenges that make them either delay or forego the adoption. This article will highlight the most likely barriers developing countries will likely face in adopting blockchain.

Blockchain and the stock exchange

If after hours trading refers to the case of trading, what’s stopping financial institutions from enabling after hours trading online today?

Blockchain technology, a culmination of old technologies

Blockchain is a combination of two long-standing technological developments.The first one is distributed ledger technology, and the second one is cryptography. The same holds true with bitcoins as a cryptocurrency. Its base is the blockchain which sits on the two old technologies. We see how human innovation is truly avoiding reinventing the wheel and the efforts are paying off.

Blockchain application and the financial industry

When bitcoin was invented, it had clear goals of eliminating the controlling financial authorities over personal funds. It aimed to eliminate banks and other financial institutions and give power back to the owners. However, when enterprise blockchain became popularized, blockchain found fertile soils for easy incorporation into its genetic code. Diverse applications resulted.

Blockchain applications in real estate

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?

Decentralized grading systems – how blockchain can curb sex for grades

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?

The three pillars of a distributed system

By Lumai Mubanga. [email protected] In a previous article, I pointed out that distributed systems are the foundation of the bitcoin/block chain technology. It is now common knowledge, despite many current debates for and against this technology that the world is at a verge of a major breakthrough in technological advancement. For example, think for a […]

Implications of blockchain design models (Part 1)

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.

Early Bitcoin – A string of bad history

By Lumai Mubanga. [email protected] The history of Bitcoin is shredded in bad historical “books” partly because of its stringent privacy policy, a policy that made it very difficult to tie digital identities to real world users as well as its decentralization policy, a policy that ensured that no central entity could be summoned to fix […]

High profile dapps on Ethereum. Are they for you? (Part 2)

In this article, we will consider another high profile Dapp known as Digix. Digix, unlike Augur, tokenizes Gold on the ethereum network. How did this initiative develop, and how may you get involved?