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Archive for category: Lumai Mubanga

21

Blockchain is secure and trusted but inefficient

The purpose of innovative solutions is to be more efficient, secure and trusted in comparison to present solutions. While blockchain for sure has proved to be more secure and trustworthy, there seems to be one area in which more innovation is required to polish it up and make it to near perfection. That is the area of efficiency.

22

Are smart contracts in their current form the ultimate?

The term “smart” in smart contracts may well excite many readers to think they are the ultimate solutions. Perhaps you may think of smartphones and what they are capable of doing. You use smartphones to surf the net, send emails, watch movies, conduct zoom meetings, transact, take pictures and videos, learn, teach, and many other everyday conveniences. While that is smart indeed, does the same apply to blockchain’s smart contracts in their current form?

23

Likely barriers to blockchain adoption in developing countries

While the developed countries easily adopt these technologies easily because of their educated populace and advanced infrastructure, the developing countries have their own challenges that make them either delay or forego the adoption. This article will highlight the most likely barriers developing countries will likely face in adopting blockchain.

24

Blockchain application and the financial industry

When bitcoin was invented, it had clear goals of eliminating the controlling financial authorities over personal funds. It aimed to eliminate banks and other financial institutions and give power back to the owners. However, when enterprise blockchain became popularized, blockchain found fertile soils for easy incorporation into its genetic code. Diverse applications resulted.

25

Crypto bubbles & Ethereum Review

By Lumai Mubanga. [email protected] Editor note from Finmail: The title is slightly updated to reflect the content. Ever heard of Bitcoin and Ethereum Bubbles? The Bitcoin bubble was followed by the Ethereum bubble. Recall that the Bitcoin hype was created by speculative trading and the alleged Chinese business men entry into the cryptocurrency market. After […]

28

Are Public and Private blockchains rivals?

The corporate business world is filled with rival private and public entities conducting similar business undertakings. This article examines the major differences that set these apart and discuss how these compliment each other rather than setting them up as competitors.

29

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 […]