Blockchain application and the financial industry

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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.

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Fundamental comparison between Ethereum and Hyperledger (part 1)

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The fundamental design models between Ethereum and hyper ledger brings out similarities and differences worth noting. This article will point out fundamental comparisons and why users need to take note of them.

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Blockchain is not a magic bullet for all applications. (part 1)

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In spites of all the enthusiasm and hopes brought by blockchain, it is not a magic bullet for every type of problem or challenges. Many applications continue to be developed for different sectors but not all applications will be blockchain-based. This article looks at which applications may or may not be suitable for adoption on the blockchain technology.

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Is the current surge in cryptocurrencies, a case of cause and effect?

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The financial crisis of 2008 could be defined as an epoch event in the history of humankind that passed and left a trail of unknown effects, effects that would be felt decades after it is even forgotten. One though cannot mention that event without mentioning the banking sector.

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Likely barriers to blockchain adoption in developing countries

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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.

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How smart contracts enhanced blockchain autonomy

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Autonomy in blockchain has always been its focus. When the etherium blockchain introduced the use of smart contracts, it became apparent that autonomy on the blockchain was poised for a wider spectrum. How so?

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The lifecycle of an ICO

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Like any undertaking, ICOs undergo several stages leading to the launch of a token or project. However, it must be acknowledged that there’s a lot of learning still going on in the “tokenomics” world.

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Blockchain and scholarship awards

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n some developing countries, the award of scholarships to needy sections of society is not done transparently and fairly. How can blockchain be applied in such situations to bring fairness and transparency in the whole selection and award process?

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Was Bitspark another blockchain-based bubble?

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When it comes to adopting blockchain applications, there is usually a cultural lag in many societies. It took several years for millions of people to start using the internet and its various services. However, it appears blockchain adoption may take a similar root, with some countries catching up perhaps decades from now.

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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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