5 月 2020 - Finmail

Internet of things (IoT) and the blockchain

5 月 29, 2020/0 评论/通过： Mubanga LUMAI

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?

Pitfalls of proof of stake consensus part 1

5 月 5, 2020/0 评论/通过： Mubanga LUMAI

Aside from addressing many bottlenecks associated with proof of work, proof of stake is not without its flaws. For instance, it seem to have introduced its own problems such as the “Rich getting richer”, liquidity issues and the possibility of one changing the history of the block chain.

The unmissed opportunities that the blockchain technology has to offer to the entire world.

5 月 23, 2020/0 评论/通过： Wirba Brice Divine Ransinyuy

At this time of the year that every eye is focused essentially on the coronavirus, there are many things that could had been avoided like the cancellation of election and voting with the use of the blockchain.

ICO – a new fundraising innovation

5 月 17, 2020/2 评论/通过： Mubanga LUMAI

Initial Coin Offerings – ICOs are proving to be among the best fundraising options for huge blockchain projects. Some companies have raised huge amounts of investment capital beyond expectation. But what makes ICOs more innovative than the traditional venture capital? How does this mode of raising capital motivate open source projects?

Proof of stake consensus – why appealing? Part 1

5 月 1, 2020/0 评论/通过： Mubanga LUMAI

Recently it was announced that the new launch Ethereum 2.0 will adopt the proof of stake algorithm. Why could this algorithm be more appealing?

Blockchain application and the financial industry

5 月 26, 2020/0 评论/通过： Mubanga LUMAI

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.

Enterprise blockchain platforms (part 3)

5 月 14, 2020/0 评论/通过： Mubanga LUMAI

The need for more centralization and a choice of consensus mechanisms are among the critical factors that determine the success of individual enterprise blockchains. There are arguments that this compromises on the security feature as opposed to decentralization and scalability.

Blockchain application and the health industry

5 月 26, 2020/0 评论/通过： Mubanga LUMAI

The medical industry is one of the largest industries in the world with billions of clients. The fact that every citizen needs it means it is one industry with the potential to make billions of dollars. Every country has its own unique challenges when it comes to handling medical services for its citizens. However, one common challenge is data availability and privacy of that data. Is blockchain finally the answer to that dual necessity?

How the blockchain technology has progressed to work in the formal and informal sectors

5 月 23, 2020/0 评论/通过： Wirba Brice Divine Ransinyuy

As a result of the covid-19 pandemic, many governments enforced lockdown in the countries or cities with the aim of slowing down the spread of the virus in the different spheres of their life. This lockdown has impacted seriously private as well as public businesses.