Posts

Blockchain and unintended environmental costs

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Blockchain technology is just rising and its full wider adoption is yet a few years from now. However, could there be some unintended consequences of using Blockchain, more so on a wider scale?

Are smart contracts in their current form the ultimate?

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The term “smart” in smart contracts may well excite many readers to think they are the ultimate solutions. Perhaps you may think of smartphones and what they are capable of doing. You use smartphones to surf the net, send emails, watch movies, conduct zoom meetings, transact, take pictures and videos, learn, teach, and many other everyday conveniences. While that is smart indeed, does the same apply to blockchain’s smart contracts in their current form?

Bitcoin Ultimatum a new technology in the blockchain world

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The blockchain development team has acquired a new bitcoin called the Bitcoin Ultimatum (BTCU). The idea developed for BTCU is another cryptocurrency, the beginnings of which are explained by Ethereum.

Is a smart contract really the future of contracting?

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Smart transactions are logical and technical principles and policies that govern hosting operations on blockchain networks encoded in a blockchain environment. It is hosted on blockchain applications or standalone applications running on blockchain networks. The Smart Agreement for Transactions on Blockchain Networks ensures that you are satisfied with the implementation of data exchange policies.

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?

Health Care on Hyper ledger, a perfect example

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The main challenges affecting health care institutions, especially ones where they have diverse clientele dotted in different locations is keeping trusted data in sync. With thousands of payments and claims to be made each day, they need a system that can quickly process, sync, minimize any serious errors, and provide an accurate record of trusted data.

The relation between crypto wallet, blockchain, and bitcoin

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When the bitcoin first appeared eight years ago, it promised a change in payments. People could transact directly with each other without relying on banks - but that promise had not yet been fulfilled and bitcoin had little acceptance.

Blockchain and conflict minerals

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African is well known for its mineral wealth many of which is rare, expensive, and in high demand. However, Africa is also well known for civil strife especially in areas where these minerals are found. One mineral that was recently classified as a conflict mineral is tantalum.

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.

How africa can immensely benefit from blockchain technology (part 2)

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This article will explore two specific examples in health/birth records and education, areas that can set African countries ahead in the right direction if blockchain technology was adopted.