How blockchain can be used to manage land titles

Many underdeveloped countries have a huge challenge in accounting for the massive land they own. With millions of hectares of land available largely owned by the state, they lack the mechanism to properly manage, allocate and account for.

The Idea behind Bitcoins

By Lumai Mubanga. [email protected] In my previous article, I pointed out that bitcoins have been inspired by the ideals of the Cypherpunks and libertarians. However, who were the Cypherpunks and what where the central ideals that influenced the creation of Bitcoins? According to the Wikipedia, they are activists advocating widespread use of strong cryptography and […]

Blockchain technology overview

By Mathew Gideon Blockchain technology is simply defined as decentralized distributed ledger which has a unique key that records the provenance of a digital asset collected through a network that sits on top of the internet and records can’t be altered without the alteration of all subsequent blocks. Blockchain develop trust among the community enabling […]

What will be the future of blockchain technology?

By Wirba Brice Divine Ransinyuy. [email protected] Towards the end of the first decade of the 21st century, something new came to light in the world. Since its creation, it has not stopped from evolving and improving, gaining hearts after hearts. Nations after nations are taking it into consideration, with some nations practically using it in […]

Is it possible for blockchain to disrupt global cross-border repayments?

By Kelvin Boateng. [email protected] Blockchain is certainly an emerging as well as futuristic method that can be merely described as a decentralized technique. Blockchain technology is a peer to peer without the participation of the 3rd party. However, what does it suggest? Is Blockchain completely secured? Blockchain is acquiring nearly all the fields and reshaping […]

The concepts of Blockchain technology

By Wirba Brice Divine Ransinyuy. [email protected] Nowadays, Blockchain has become a renowned word in both private and public institutions. Though blockchain was officially launched in January 2009 by Natoshi Sakamoto, it was already existing since 1991, as it was in another form, brought out by Stuart Haber and W. Scott Stornetta. It was a cryptographically […]

Bitcoin mining, what are the costs?

By Lumai Mubanga. [email protected] Like any other business venture, bitcoin mining is an expensive enterprise. Unlike some exaggerate low cost projections some sections portray regarding this venture; you need to understand the operational costs of mining bitcoins. Whether you prefer to do it at home with an ASIC hardware or joining the mining pool, you […]

Mining hardware – The evolution

By Lumai Mubanga. [email protected] When Nakamoto Satoshi released the source code for bitcoins in 2009, he probably did not realise the wider effects of that act on the world economy. He set forth a stream of innovations that would give birth to different terms and expressions that would become common in our century and beyond. […]

Economic analysis of blockchain technology on the virtual financial world market

By Wirba Brice Divine Ransinyuy. [email protected] As the world moves on in witnessing daily and various advancements, so it is the same with economical advancements. The world is gaining heights in its entire aspect bringing civilisation to a different and new level. With this in sight, the world has come to experience a new growth […]

The blockchain technology on a poverty-stricken African continent

By Wirba Brice Divine Ransinyuy. [email protected] Editor note: Title has been slightly updated It is not something new or a new story that the African continent is poorest continent on earth among the other continents or per se, it is one of the poorest continents on new. Africans have always lived with this painful reality […]