Blockchain Technology

Blockchain application and the financial industry

5 月 26, 2020/0 评论/通过： Mubanga LUMAI

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.

How powerful is blockchain disintermediation effect?

10 月 17, 2020/0 评论/通过： Mubanga LUMAI

Disintermediation is the ability to remove intermediaries in financial transactions to save costs. Blockchain has however demonstrated that intermediaries can be done away with effectively, if not at a lesser cost than is attainable today.

Digital currencies payments and market infrastructures

6 月 10, 2020/0 评论/通过： Wirba Brice Divine Ransinyuy

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.

End of global resolution when another country introduces its cryptocurrencies

9 月 1, 2020/0 评论/通过： hania ahmed

Cryptocurrencies have experimented with the use of blockchain for international payments. But countries benefit the most from the use of equality. It is state-sponsored and a fully decentralized digital currency like Bitcoin cannot compete with it.

Was Bitspark another blockchain-based bubble?

9 月 21, 2020/0 评论/通过： Mubanga LUMAI

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.

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

9 月 5, 2020/0 评论/通过： Mubanga LUMAI

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

Incorruptible blockchain technology and the blind signature in overall transactions

5 月 20, 2020/0 评论/通过： Wirba Brice Divine Ransinyuy

It is of no new knowledge that the main predominance of the blockchain technology is the financial world and its various systems. The blockchain technology is so much involve in the financial world in such a way that it needs to have the highest security in terms of protection of user’s data and information.

Self-sovereign identity and identity management

11 月 3, 2020/0 评论/通过： Mubanga LUMAI

Today, there are three major problems with how we transact online today: users have low privacy, fraud prevention efforts cost businesses a lot of money, and password-based authentication leads to frequent data breaches. Will the blockchain-based self-sovereign Identity rectify these?

Blockchain and COVID-19 (Part 1)

7 月 31, 2020/0 评论/通过： salman khan

In recent years, the rise of blockchain technology has begun. Various organizations, from the healthcare sector to the financial area, have called on the blockchain to find ways to stay safe and share data quickly and easily. In short, the immovable nature of blockchain makes it easy to know how many valuable data have been placed.