标签存档: Blockchain Technology

Bitcoin wallets

By Lumai Mubanga. [email protected] There are different types of Bitcoin users, from the very basic user to the most advanced users. It is very important for users to understand at what level they are involved in the cryptocurrency space in order to derive the most benefits from the system. It’s all about knowing how the […]

How Bitcoin and other crypto currencies have influenced the Internet…

With the introduction of Bitcoin, that has really increased the traffic with the internet. Many have benefited from Bitcoin others have lost to and the number isn’t small. But the funny thing about all this that, this rich scheme model, most world richest are still skeptic about it.

Was Bitspark another blockchain-based bubble?

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.

Proof of stake consensus – why appealing? Part 2

In part 1, we focused on one similarity and two types of PoS algorithm. This article will briefly review this and then discuss why proof of stake was introduced.

What is Bitcoin?

By Lumai Mubanga, [email protected] In his article, I would like to endeavor to answer the question, what is Bitcoin? In answering this question in future articles, I write about the origins and motivations leading to the development of this crypto currency. Later on, I will touch on a number of important concepts related to crypto […]

Illegal poaching, how can blockchain help?

With so many use case coming up for a lot more scenarios, this article endeavours to speculate how blockchain can be used in the near future to help fight poaching and natural resource depletion especially in African countries that seem to be at the receiving end of these illegal activities.

How powerful is blockchain disintermediation effect?

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.

How Blockchain threatens traditional third parties (part 1)

The level of trust that Blockchain has so far displayed has begun to erode and threatened the very existence of some third party entities. How have some traditional third parties “failed” their clients, leading to Blockchain debut as the custodian of trust?

What do countries have to learn from the Blockchain technology?

By Wirba Brice Divine Ransinyuy. [email protected] Editor note: Title has been slightly updated It is obvious that in life there is always a place or vacuum to learn something new. It is never late to have knowledge, especially if the knowledge is of very great value and importance. The knowledge acquired might not be of […]

Likely barriers to blockchain adoption in developing countries

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.