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In 2019, the British broadcasting corporation carried a disturbing documentary entitled “Sex for Grades: undercover inside Nigerian and Ghanaian universities – BBC Africa Eye documentary.” How blockchain can unsettle this?
In this article, we will discuss how Africa can still benefit in other areas such as credible voting.
With the coming into play of digital currencies that commonly and always work out as a decentralized market infrastructure constructed on standards-based Web3 technology, it subsequently limit the need of reconciliation, heavily improve the flowing of information, give financial market infrastructure operators necessary tools to control and overview.
In addition to part 1, this article will focus on some other third party based payment systems and how their existence could be threatened because of the unrelenting conquest launched by block chain.
Blockchain designing principles have direct implications on the way the blockchain will scale, operate and interact with users. To a larger extent, the chosen design perspective determines how many users can use the blockchain at a given time and how fast transactions can be processed.
In recent years, the rise of blockchain technology has begun. Various organizations, from the healthcare sector to the financial area, have called on the blockchain to find ways to stay safe and share data quickly and easily. In short, the immovable nature of blockchain makes it easy to know how many valuable data have been placed.
There is a way to prevent identity stealing activity. One of them is by using a blockchain in form submitting. Using blockchain, a user will get irreversible data as the identity to replace their data. There are some reasons why blockchain technology can prevent personal identity thievery.
Initial Coin Offerings – ICOs are proving to be among the best fundraising options for huge blockchain projects. Some companies have raised huge amounts of investment capital beyond expectation. But what makes ICOs more innovative than the traditional venture capital? How does this mode of raising capital motivate open source projects?
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.
Like many other domains and aspects, the supply chain management has been heavily hit as it is in search of solutions in order to remedy what is for the moment difficult to remedy. The covid-19 pandemic has caused major disruptions in the world in terms of global supply chain.
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