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 […]

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.

Early Bitcoin – A string of bad history

By Lumai Mubanga. [email protected] The history of Bitcoin is shredded in bad historical “books” partly because of its stringent privacy policy, a policy that made it very difficult to tie digital identities to real world users as well as its decentralization policy, a policy that ensured that no central entity could be summoned to fix […]

How secure is blockchain?

With so many cyber-attacks launched against conventional Information systems around the world, resulting in the loss of billions of dollars, many have wondered how secure blockchain really is. This article will provide some insight into how blockchain is designed and secured at the same time.

Blockchain technology with life opportunities

Besides banking currency systems, blockchain introduces life opportunities right on the spot (through internet) to earn a daily living expenses like social services fee, accommodation expenses as well as government fees. Let take a case study from Africa in general.

Bitcoin mining, what are the costs?

By Lumai Mubanga. [email protected] Like any other business venture, bitcoin mining is an expensive enterprise. Unlike some exaggerate low cost projections some sections portray regarding this venture; you need to understand the operational costs of mining bitcoins. Whether you prefer to do it at home with an ASIC hardware or joining the mining pool, you […]

Blockchain is not a magic bullet for all application part 3

In parts 1 and 2, we discussed a number of characteristics required for applications to consider before leveraging blockchain platform for efficiency and robustness. In this article, we round it up with three more criteria for blockchain use.

Blockchain can give the world three ways to deal with the climate crisis (Part 1)

Imagine a blockchain-based climate organization called Smart Deal that facilitates communication between states and companies. These agreements are parts of computer code that work on blockchain, so they cannot be enforced.

Blockchain services and abroad programs

Blockchain has proven that international aid can increase efficiency and transparency. The biggest difficulty in providing support is the large number of arbitrators in the value chain. Most poor people are not transparent and often misuse their money. This is worse than ever because many areas (buyers) do not have a support infrastructure.

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.