Tag Archive for: Blockchain Technology

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 […]

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 […]

The use of Bitcoin and other currencies

To an extend, if everyone should accept crypto, sending and receiving crypto will be very easy. Though before we get to that stage, we will all pass through measure challenges and if this challenge is above us, then dropping it completely will one day be an option.

Is blockchain technology making better world?

Blockchain technology can support banks, insurance, medical and pharmaceutical industries, many other sectors. Centralized majority of “trusted third parties” are banks, notaries, signs, and so on. Can be replaced by a distributed network system in the blockchain.

What is Zcash (ZEC) – all you need to know

You may already know about the terms such as proof of work (PoW) and proof of stake (PoS) in relation to bitcoins, Ethereum and EOS cryptocurrency. Each cryptocurrency has a set of unique protocols that determine its operations. What though is Zero-Knowledge-Proof?

How Tether Become Promising Payment Tools

After scoring a new high supply volume, Tether starts to expanding its network chain. Now it steadily builds its transaction using Ethereum, Tron, and EOS. With this migration makes Tether become a promising payment tool.

The change of attitudes by nations in approach with the blockchain technology and cryptocurrencies.

As the coronavirus is taking a hard punch on the global communities, many countries are seeing their economy on an imaginable recession they could had never imagine happening to them in this era of discoveries and permanent and continuous innovation.

The blockchain – what it is not (part 1)

In parts one and two of “blockchain – what it is”, we discussed why the tech design of blockchain has enabled it to be adaptable for worldwide use and adoption. Unlike the internet, blockchain is all about resource and asset management as opposed to information sharing and determination. But is blockchain infallible? What is it not?

How Blockchain threatens traditional third parties (part 1)

The 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?

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.