How blockchain threatens traditional third parties (part 2)

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In addition to part 1, this article will focus on some other third party based payment systems and how their existence could be threatened because of the unrelenting conquest launched by block chain.

How blockchain is causing a tech evolution

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When the Internet gained ground and experienced exponential growth and adoption, many countries started experiencing immense benefits from innovation. One area though of service delivery though that needed to evolve to survive was the postal system. Will blockchain have the same effect on some services?

Are smart contracts really smart or not?

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A smart contract is a term familiar with blockchain technology. It sounds futuristic, exciting, and promising. The term was coined by a computer scientist in the 1990s even before the advent of blockchain as we know it today. It is simply a computer protocol, some lines of code that automatically execute a specified action, like releasing a payment, when certain conditions are fulfilled. But are smart contracts in their current form really smart?

How Africa can immensely benefit from blockchain technology (part 3)

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In this article, we will discuss how Africa can still benefit in other areas such as credible voting.

Blockchain is not a magic bullet for all application part 3

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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.

Implications of blockchain design models (Part 1)

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Blockchain designing principles have direct implications on the way the blockchain will scale, operate and interact with users. To a larger extent, the chosen design perspective determines how many users can use the blockchain at a given time and how fast transactions can be processed.

Blockchain technology, a culmination of old technologies

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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.

The blockchain – what it is not (part 1)

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In parts one and two of "blockchain - what it is", we discussed why the tech design of blockchain has enabled it to be adaptable for worldwide use and adoption. Unlike the internet, blockchain is all about resource and asset management as opposed to information sharing and determination. But is blockchain infallible? What is it not?

Blockchain applications in real estate

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Malicious attackers, poor record-keeping, government corruption and natural disasters have made land management and real estate management a real challenge. How is the blockchain technology being applied to solve some of these problems?

Revolutionary blockchain concept – Smart Power Grids

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Blockchain can be used to provide digital services. In monetary transactions, this has been demonstrated in many ways.