标签存档: Blockchain Technology

Blockchain technology, a culmination of old technologies

Blockchain is a combination of two long-standing technological developments.The first one is distributed ledger technology, and the second one is cryptography. The same holds true with bitcoins as a cryptocurrency. Its base is the blockchain which sits on the two old technologies. We see how human innovation is truly avoiding reinventing the wheel and the efforts are paying off.

What are some blockchain benefits?

Every game-changer has benefits. Many of us will relate how the internet has revolutionized everything around us. Communication, relationships, finances and a lot more have changed for the better. The same applies to the blockchain. Before we discuss some perceived disadvantages, this article will briefly look at some advantages and benefits of blockchain technology.

The blockchain technology and global affairs like inequality hampering the development and smooth running of global issues

The world has not seen a stop in a hindrance disturbing the global peace. Many global organizations have been created in order to face fiercely the difficulties the human race struggles against, day in, day out.

Does blockchain immutability guarantee accuracy?

The greatest benefits blockchain has introduced into database systems is immutability. While data can be added and “updated”, it cannot be deleted or edited. However, does it guarantee the accuracy of the data?

Just still about Bitcoin… Don’t be ignorant…

Many people lack patience. They envy the lifestyle of those who took risk way back before being where they are now. The cars, houses and many other luxury investments those people have. You coming in now into the block world, you will be expecting immediate results. But I will say “sorry”, that’s not the case. You need to be patient too.

Bloackchain adaption in Africa

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.

Ethereum and tokenization

The three biggest blockchains have different approaches to tokenization. The Ethereum and bitcoins blockchain hold tokens while the Hyperledger does not. What is the purpose of some tokens on the Ethereum blockchain? How does it differ from other tokens?

Launching domestic national digital currency versus using the established Bitcoin

By Wirba Brice Divine Ransinyuy. [email protected] Launching and establishing a home based national digital currency or cryptocurrency is actually a very handsome and good idea. It is the best initiative any country can take upon at the moment with the current economic crisis and various regulations actually happening at the moment. Digital transactions took a […]

Blockchain technology with life opportunities

Besides banking currency systems, blockchain introduces life opportunities right on the spot (through internet) to earn a daily living expenses like social services fee, accommodation expenses as well as government fees. Let take a case study from Africa in general.

The three pillars of a distributed system

By Lumai Mubanga. [email protected] In a previous article, I pointed out that distributed systems are the foundation of the bitcoin/block chain technology. It is now common knowledge, despite many current debates for and against this technology that the world is at a verge of a major breakthrough in technological advancement. For example, think for a […]