Blockchain design – the 5 perspectives to consider.

There are many types of blockchain designs and each is built on any of the five pillars we will discuss in this article. However, we hasten to state that there could be something already being developed that will surpass current knowledge.

Why blockchain will appeal to sensitive consumers

Sensitive users will now be able to purchase any time with a clear conscious because they will have known everything about the product before purchasing it. Indeed, when fully-fledged, sensitive users will find block chain more appealing.

Blockchain tokens

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.

Fundamental comparisons between hyperledger and ethereum (part 2)

In part (2), we will consider three more aspects, namely the consensus mechanisms, processing times, and privacy. This will throw more light on the dynamics of blockchain technology and highlight the reason why no one platform is the answer to all challenges.

Blockchain technology, a culmination of old technologies

Blockchain is a combination of two long-standing technological developments.The first one is distributed ledger technology, and the second one is cryptography. The same holds true with bitcoins as a cryptocurrency. Its base is the blockchain which sits on the two old technologies. We see how human innovation is truly avoiding reinventing the wheel and the efforts are paying off.

Bitcoin bubble will burst in future

Like any asset, the bitcoin has a stable value, whether it is the price of hope or the price of old. So there is a reason to keep it. However, our research shows that the bubble is facing.

Blockchain is not a magic bullet for all applications. (Part 2)

In part one, we stated that blockchain is not the answer or magic bullet for any challenge or problem. This article considers three more.

Ethereum and tokenization

The three biggest blockchains have different approaches to tokenization. The Ethereum and bitcoins blockchain hold tokens while the Hyperledger does not. What is the purpose of some tokens on the Ethereum blockchain? How does it differ from other tokens?

Blockchain is not a magic bullet for all applications. (part 1)

In spites of all the enthusiasm and hopes brought by blockchain, it is not a magic bullet for every type of problem or challenges. Many applications continue to be developed for different sectors but not all applications will be blockchain-based. This article looks at which applications may or may not be suitable for adoption on the blockchain technology.

Likely barriers to blockchain adoption in developed countries

An earlier article looked at the most likely obstacles developing countries are most likely to contend with in adopting blockchain technology in their businesses and government operations. However, this does not mean that all developed countries will easily adopt blockchain as it becomes available.