How blockchain can help reduce traffic offence bribery
Governments worldwide have clearly spelt out specific penalties related to road traffic offences. Unfortunately, governments continue to lose a lot of revenue due to bribes on the roads.
Blockchain and unintended environmental costs
/0 Comments/by Mubanga LUMAIBlockchain technology is just rising and its full wider adoption is yet a few years from now. However, could there be some unintended consequences of using Blockchain, more so on a wider scale?
Is the current surge in cryptocurrencies, a case of cause and effect?
/0 Comments/by Mubanga LUMAIThe financial crisis of 2008 could be defined as an epoch event in the history of humankind that passed and left a trail of unknown effects, effects that would be felt decades after it is even forgotten. One though cannot mention that event without mentioning the banking sector.
The rise of enterprise blockchain
/0 Comments/by Mubanga LUMAIAs Bitcoin and blockchain grew increasingly popular, banks and large corporations noticed the potential applications of this new technology.
Was Bitspark another blockchain-based bubble?
/0 Comments/by Mubanga LUMAIWhen 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.
Perpetual african presidencies and how blockchain can block it
/0 Comments/by Mubanga LUMAISuffice to say, the term “younger democracy” has been abused and often used by some Presidents to rule in perpetuity. Unlike their Asian counterparts, can African self-proclaimed democracies be forced to abide by its tenets?
Distributed systems – The foundation of blockchain technology
/0 Comments/by finmailBy Lumai Mubanga. [email protected] There are many current technologies today, whose backbone are distributed systems. We need to understand what distributed systems are to understand blockchain technology. Like many others, blockchain is just a specific type of a distributed system. What are distributed systems and what properties or features do they have that favor the […]
Ethereum and tokenization
/0 Comments/by Mubanga LUMAIThe 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?
Can hyperledger surpass bitcoins?
/0 Comments/by Mubanga LUMAILaunched 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?
How Blockchain threatens traditional third parties (part 1)
/0 Comments/by Mubanga LUMAIThe level of trust that Blockchain has so far displayed has begun to erode and threatened the very existence of some third party entities. How have some traditional third parties “failed” their clients, leading to Blockchain debut as the custodian of trust?
