By Lumai Mubanga. [email protected] The absence of a central control master in cryptocurrencies creates the question of who validates transactions when making or receiving payments. This article explains how Bitcoin transactions and other cryptocurrencies are validated. Let us begin with the traditional banking transaction scenario. The client’s fund is aggregated into one count. When a […]
By Lumai Mubanga. [email protected] In a previous article, I pointed out that distributed systems are the foundation of the bitcoin/block chain technology. It is now common knowledge, despite many current debates for and against this technology that the world is at a verge of a major breakthrough in technological advancement. For example, think for a […]
The fact that this is not traceable it is a bad thing. Because once you make a mistake in transferring so much money to another or bitcoin, someone you don’t know, someone you have no idea about, then consider it a loss.
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?
He is preparing to release the bitcoin version of the messaging program for use on Facebook, WhatsApp, Messenger and Instagram. This could be a long-awaited success, as Facebook is the world’s leading technology company in the lucrative microfinance market. Or not?
Ethereum Blockchain has several tokens. These include ECR 20, ECR 1400, and ECR 71. The ECR token is a tool designed to create value in a blockchain. Each blockchain token has its own characteristics and functions.
This article will explore two specific examples in health/birth records and education, areas that can set African countries ahead in the right direction if blockchain technology was adopted.
A cryptocurrency trader by the name of Puerto Rico has moved to Puerto Rico to create a cryptocurrency utopia called Sol. There are some plans to pay taxes there. However, it is not entirely clear when the US (some or less) regions will change.
Many IoT systems have a single point of failure. Once that single point of failure is attacked, the whole system becomes compromised. Can blockchain turn the tables?
Here in Cameroon, we have MTN network, Orange network, Camtel and Nextel network. Amongst this network, MTN and orange offers customers the ability to keep their money in their sim cards.
Patent: JP7308496
* All information is subject to the English version
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