Entries by Mubanga LUMAI

Can blockchain change african “democracies”?

Unlike most advanced economies and systems, Africa lurks far behind in many areas. Few countries really appreciate and trust democratic systems in African countries. This article will discuss the unique challenges faced by many African states and how blockchain may finally overcome some of these challenges.

Suitable business models to leverage blockchain

When the internet became widely adopted, it was clear that many companies were going to adopt it. Today, almost all companies, learning institutions and government agencies have adopted the internet and benefit from its services. Can the same be said of blockchain?

What is Zcash (ZEC) – all you need to know

You may already know about the terms such as proof of work (PoW) and proof of stake (PoS) in relation to bitcoins, Ethereum and EOS cryptocurrency. Each cryptocurrency has a set of unique protocols that determine its operations. What though is Zero-Knowledge-Proof?

ICOs, possible drawbacks

Every technological breakthrough certainly has its own drawbacks. This is the case with ICOs. How do ICOs compare with venture capital fundraising? This article will consider two possible ways.

Can hyperledger surpass bitcoins?

Launched in 2017 by the Linux foundation, hyper ledger has been gaining momentum, perhaps more that bitcoin blockchain. What is it that could be making hyperledger more appealing than its predecessor?

The power of ethereum

Have you ever realized the power of Ethereum? In this article, we will discuss a few applications that the Ethereum blockchain is being used for. With more than 300, 000 developers across the world developing applications using more than 10, 000 nodes, Ethereum’s power is only beginning to be felt.

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.