标签存档： Blockchain Technology

Implications of blockchain design models (Part 1)

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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.

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Wrong concept of Venezuela’s Petro in order of cryptocurrency

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Venezuela is facing the worst financial crisis of its time. President Nicolas Maduro is fighting the government’s fight against drugs, food and drug shortages, rising crime and damage to public services and the health care system.

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Will Blockchain exist without Digital currency?

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A very pertinent question was asked in a conference on digital currency which I attended, it goes thus, will Block chain technology exist without crypto currencies? 

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Blockchain Applications: A Hoax Or What?

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Unquestionably, Blockchain is a relatively new technology that was used and designed for the cryptocurrency world. Yet, due to its data-processing capability and record-keeping ability, it’s now adopted by various fields.

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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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Blockchain Smart Contract For Social Security Service

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To prevent ineffective social support, the government needs to create a traceable system for monitoring the social security transaction. This feature is where Blockchain can be used as a support system to ensure every citizen can get their social support. Here are the analyses on how it could implement.

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Is blockchain a natural evolution?

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The debate as to whether the rise and adoption of blockchain is a natural evolution or a consequence of revolution will be around for some time to come. While others contend that it is a revolution, others strongly feel that it is an evolution because change is inevitable.

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Bloackchain adaption in Africa

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Africa is a continent with more than 50 countries. There are some institution that has branched far to Africa and they try to give an implement with bloackchain system, among them are betting and trading platforms.

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The “new” Ox protocol

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how “new” is the new way the Ox protocol work with regard to the exchange coins? If you know, the person you want to trade with, all you need is to send an Ox order via messenger or email. Then, all they need to do is accept the order and execute.

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The blockchain – what it is not (part 1)

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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?

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