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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Are smart contracts in their current form the ultimate?

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The term “smart” in smart contracts may well excite many readers to think they are the ultimate solutions. Perhaps you may think of smartphones and what they are capable of doing. You use smartphones to surf the net, send emails, watch movies, conduct zoom meetings, transact, take pictures and videos, learn, teach, and many other everyday conveniences. While that is smart indeed, does the same apply to blockchain’s smart contracts in their current form?

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How Africa can immensely benefit from blockchain technology (part 3)

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In this article, we will discuss how Africa can still benefit in other areas such as credible voting.

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ICO – a new fundraising innovation

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Initial 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?

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The blockchain – what it is part 2

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In this article, we continue to look at that comparison by considering other features that make it unique and adaptable for worldwide use such as distributed, a chain of blocks and process integrity.

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Blockchain application in the insurance industry

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The insurance market is one of the largest and dynamic industries. It is one industry where quick decisions need to be made based on real and authentic data as well an industry fraught with fraud, inefficiency and unprocessed claims amounting to billions of dollars. How will blockchain technology help such an industry?

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How the blockchain technology has progressed to work in the formal and informal sectors

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As a result of the covid-19 pandemic, many governments enforced lockdown in the countries or cities with the aim of slowing down the spread of the virus in the different spheres of their life. This lockdown has impacted seriously private as well as public businesses.

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Blockchain and the stock exchange

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

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Online payment system made easier through cryptocurrency

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By Wirba Brice Divine Ransinyuy. [email protected] Cryptocurrency is something which we couldn’t imagine happening in the 21 century as it comes at a time when the world is plagued by different crisis such as climatic changes, economic crisis, political crisis, social crisis with each affecting the stability of the world in its own way. Can […]

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Is blockchain technology making better world?

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Blockchain technology can support banks, insurance, medical and pharmaceutical industries, many other sectors. Centralized majority of “trusted third parties” are banks, notaries, signs, and so on. Can be replaced by a distributed network system in the blockchain.

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