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Cryptocurrencies have experimented with the use of blockchain for international payments. But countries benefit the most from the use of equality. It is state-sponsored and a fully decentralized digital currency like Bitcoin cannot compete with it.
By Lumai Mubanga. [email protected] Depending on your level of involvement in the Bitcoin ecosystem, you surely should have either a hot or a cold wallet to conduct transactions. Sending and receiving bitcoins into your wallet requires that you generate a private key were you will receive the bitcoins. Recall that, to successfully transact, you need […]
The whole point of developing cryptocurrencies has been taking control back to the people, the users. Bitcoin and indeed all cryptocurrencies have been developed to empower ordinary users with complete control and easy access to their assets, in this case, money. Thus, the central hold and control of huge financial firms on people’s money have been threatened.
So far, much has been written about blockchain use cases that were never thought about, but have become a reality. Can blockchain be used in Africa to reduce century-old challenges related to its abundant natural resources other than diamonds, emeralds, and other precious minerals?
By Lumai Mubanga. [email protected] To deal with Bitcoins successfully, you need to understand what a wallet is and what wallet mechanisms are in place. There is a lot happening in this sector that may leave many confused. A certain amount of level headedness is required to minimize this especially for those awakening to the demands […]
By Wirba Brice Divine Ransinyuy. [email protected] Editor note: Title has been slightly updated Every time and then in the world these days around, a new technology comes along that changes everything in an unbelievable way. Too many experts and observers, the latest trend now is the blockchain technology and how it has revolutionized the digital […]
When the internet became widely adopted, it was clear that many companies were going to adopt it. Today, almost all companies, learning institutions and government agencies have adopted the internet and benefit from its services. Can the same be said of blockchain?
By Lumai Mubanga. [email protected] With B-Money, HashCash and DigiCash having laid the foundation as bitcoin Predecessors, Bitcoin was set to do what no other cryptocurrency before it had ventured to do; create an anonymous, trustless, decentralized currency. Instead of putting trust in any human or human organization, the bitcoin protocol was set to attempt putting […]
It is of no new knowledge that the main predominance of the blockchain technology is the financial world and its various systems. The blockchain technology is so much involve in the financial world in such a way that it needs to have the highest security in terms of protection of user’s data and information.
By Wirba Brice Divine Ransinyuy. [email protected] Editor note: Title has been slightly updated The world is in agony and it is obvious that they are smaller nations suffering the more from these crisis or agony with no or less solutions for these countries. As such, these countries are currently suffering from problems there are not […]
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