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按类别存档: Lumai Mubanga

21

Implications of blockchain design models (Part 1)

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.

22

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.

23

Why Cook County adopted blockchain as a solution

Cook County is one of the most populous counties in the US with a population of about 5 million. However, it had many challenges in terms of real estate management. In 2017, it embarked on a vicious project to adopt blockchain to manage its real estates. However, what were some of the main reasons? Can other states and countries worldwide learn from it?

24

Validating transactions in crypto space

By Lumai Mubanga. [email protected] The absence of a central control master in cryptocurrencies creates the question of who validates transactions when making or receiving payments. This article explains how Bitcoin transactions and other cryptocurrencies are validated. Let us begin with the traditional banking transaction scenario. The client’s fund is aggregated into one count. When a […]

25

Mining pools what they are?

By Lumai Mubanga. [email protected] Due to the potentially higher costs related to the mining of bitcoins, mining pools were born. Just what are they and what are some pros and cons? Before we explain mining pools, let us briefly explain the types of bitcoin miners. Bear in mind that types of miners are different from […]

26

Was Bitspark another blockchain-based bubble?

When it comes to adopting blockchain applications, there is usually a cultural lag in many societies. It took several years for millions of people to start using the internet and its various services. However, it appears blockchain adoption may take a similar root, with some countries catching up perhaps decades from now.

28

The power of ethereum

Have you ever realized the power of Ethereum? In this article, we will discuss a few applications that the Ethereum blockchain is being used for. With more than 300, 000 developers across the world developing applications using more than 10, 000 nodes, Ethereum’s power is only beginning to be felt.

29

Self-sovereign identity and identity management

Today, there are three major problems with how we transact online today: users have low privacy, fraud prevention efforts cost businesses a lot of money, and password-based authentication leads to frequent data breaches. Will the blockchain-based self-sovereign Identity rectify these?

30

Possible effects of blockchain on world business enterprises.

With Blockchain gaining more and more momentum and adaptations across different platform, it appears the technology is just heating up and is yet to reach its climax in ita transformative wave across businesses. This article endeavours to speculate on the possible effects Blockchain will have on businesses in general.