标签存档： Blockchain Technology

Blockchain services and abroad programs

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Blockchain has proven that international aid can increase efficiency and transparency. The biggest difficulty in providing support is the large number of arbitrators in the value chain. Most poor people are not transparent and often misuse their money. This is worse than ever because many areas (buyers) do not have a support infrastructure.

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Is bitcoin really decentralized?

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The whole point of developing cryptocurrencies has been taking control back to the people, the users. Bitcoin and indeed all cryptocurrencies have been developed to empower ordinary users with complete control and easy access to their assets, in this case, money. Thus, the central hold and control of huge financial firms on people’s money have been threatened.

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The history of blockchain and cryptocurrency

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The US cryptographer whose name was David Chaum found an obscure cryptocurrency or electronic money called ecash. This happened in 1983. In 1995, David introduced him to Digicash. Digicash is the earliest form of electronic cryptographic payment that requires the user to have software to take notes from the bank.

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Proof of work and desire for decentralization

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Although proof of work protocol had served the blockchain community faithfully since its inception with bitcoin, its inability to scale and its support for centralization were some of the identified weaknesses. How is the proof of work protocol perceived as supporting centralization?

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Digital currencies payments and market infrastructures

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Many banks often function in a typical manner of retailing payments as a part of their role in maintaining the stability and effectiveness of financial systems and keeping the confidence in the used currencies. With the emergence of the new form of currencies, commonly known as digital currencies, it is being examined by different committees and organizations and as such, it has had an immediate and direct impact on payments and market infrastructures.

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High profile dapps on ethereum. Are they for you?

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This article will look at one high profile applications on Ethereum, namely; Augur, excluding Digix and Maker. These are decentralized applications, otherwise known as Dapps on the blockchain.

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How blockchain can help reduce traffic offence bribery

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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.

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Is digital currency viewed as fulfilling properties of a currency?

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By Wirba Brice Divine Ransinyuy. [email protected] Nowadays, we are living a second created made man world in the name of digital world. Even the things we were not expecting has gone digital. When the internet came to existence, its prime objective was to enable and facilitate communication between people, between parties and between nations. But […]

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Libra: Facebook’s currency (part 1)

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Facebook has launched a cryptocurrency library that allows users to make international purchases or payments on Messenger and other group platforms from 2020.

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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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