The blockchain technology and African countries
Coming from the Central part of Africa where life seems more difficult financially as compared to other African countries, any technology that improve our lifes will be the most welcomed.
Coming from the Central part of Africa where life seems more difficult financially as compared to other African countries, any technology that improve our lifes will be the most welcomed.
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.
The blockchain technology has no limits. When you think you have understood its functioning, it is at that very moment you turn to realize it is a technology of great magnitude.
The music industry is yet another sector that could benefit immensely from Blockchain technology once adopted and fully implemented. This is another sector poised to benefit more from the potential offered by smart contracts. It is one industry with so many intermediaries and the elimination of some of these could prove beneficial.
People working hard and dying still living their family behind to suffer because of NO digital access to a wallet where their money is all stored. This is a fact. This may not be quickly realis now, but with the Bitcoin is striving, one day it will be the main coin used for transactions.
The explosion of cryptocurrency in the crypto space has become a common occurrence. For example, from the time bitcoin entered the world market as an accepted digital currency, many more crypto currencies that emerged from almost nowhere.
There are several ways how a foundation head collecting money from the philanthropic. In the traditional method, the philanthropic send their money into the intermediary charity service like an NGO. On the other hand, blockchain fundraising has several advantages against the traditional method.
In this article, we will discuss how Africa can still benefit in other areas such as credible voting.
Secret societies and other underground groupings involved in both illicit and dangerous activities are usually associated with anonymity and pseudonymity connotations. Secret organizations and underground groupings do not want to be tracked and latter prosecuted. Anonymity is thus a protection mechanism.
At this time of the year that every eye is focused essentially on the coronavirus, there are many things that could had been avoided like the cancellation of election and voting with the use of the blockchain.
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