Internet of things (IoT) and the blockchain
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?
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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?
The 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.
Decentralized finance has immerged as an offshoot from the blockchain. Decentralized finance was probably unknown when bitcoin was first launched. However, it has become prominent with the surge of Ethereum network. What is it all about and is it one of those crypto “circuits” you can explore?
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.
Every technological breakthrough certainly has its own drawbacks. This is the case with ICOs. How do ICOs compare with venture capital fundraising? This article will consider two possible ways.
One critical problem that the world faced sometime back was the use of diamonds to fund rebel groups against governments. Such diamonds were referred to as conflict diamonds, or “blood diamonds.” Africa was full of news related to this in the DRC, Central African Republic and Sierra Leon.
In most cases, an appointed road agency collects funds on behalf of the government. However, some government have been reported to use these funds for political campaigns, personal projects and in some cases, the cash disappears in thin air. How can blockchain decentralize and streamline the use of these funds in a transparent manner?
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.
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.
Tollgates around the world are used as revenue collection points from motorists on behalf of the government. The idea is to prioritize road repair and maintenance without waiting for government budgets. How blockchain can help improve present system works?
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