Tag Archive for: Blockchain Technology

Blockchain application in the insurance industry

The insurance market is one of the largest and dynamic industries. It is one industry where quick decisions need to be made based on real and authentic data as well an industry fraught with fraud, inefficiency and unprocessed claims amounting to billions of dollars. How will blockchain technology help such an industry?

Blockchain and scholarship awards

n some developing countries, the award of scholarships to needy sections of society is not done transparently and fairly. How can blockchain be applied in such situations to bring fairness and transparency in the whole selection and award process?

Reconciliation solved by digital currencies and the blockchain technology in financial institutions and system

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.

The Risk of Losing Your Coins

People working hard and dying still living their family behind to suffer because of NO digital access to a wallet where their money is all stored. This is a fact. This may not be quickly realis now, but with the Bitcoin is striving, one day it will be the main coin used for transactions.

Fundamental comparison between Ethereum and Hyperledger (part 1)

The fundamental design models between Ethereum and hyper ledger brings out similarities and differences worth noting. This article will point out fundamental comparisons and why users need to take note of them.

Blockchain application and foreign aid

Foreign aid disbursements have been a challenge for donor countries for some time. The aid is normally sent to developing countries in war-torn countries, refugee camps and underdeveloped countries especially in Africa, South America and middle east. some of the challenges have been lack of accountability, absence of records and the aid not reaching the intended recipients. Blockchain, however, seems to have been the solution already. This article will discuss how that could be possible and how it is being done.

Crypto – Colonialism!

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.

Scams of cryptocurrency may work

Millions of cryptocurrency investors have been scandalized. In 2018, cryptocurrency crime losses were 1.7 billion. Criminals used to separate old and new technologies called blockchain. A form of digital currency that can be exchanged through an online database.

World major economies exploring the path of Digital currency

By Wirba Brice Divine Ransinyuy. [email protected] The world is experiencing something unusual in its history. With the advancement of technology, many thought things will become better and better for all nations. It may be true, though globally it is not the case. The world’s economy stability is being strengthened with various aspects like political crisis […]

Is the world moving towards the decline in cash use in preference to digital currency?

By Wirba Brice Divine Ransinyuy. [email protected] As the world has often known, there is constantly an air of change and innovation that the world constantly witnesses. This is how the world has always existed. It is just preferable to accept it and make it a part of us. Some innovations come and stay, whereas others […]