Interactive Coin Offerings | We Can Regulate Ourselves
They're on an ICO Hunt With the increasing attention from government regulatory agencies such as the SEC and the FCA, there is a need to consider Vitalik Butlerin’s proposal titled Interactive Coin Offerings. The proposal sought for the market interaction of...
Hard Fork, Soft Fork and User Activated Soft Forks
In July 2017, Bitcoin went through a fork that created Bitcoin Cash. Understanding what a fork really means needs an understanding of how Blockchain and Bitcoin works. Let’s make this simpler, a fork is a technical term for a divergent in rules or network transaction...
Non-Implementation of SegWit2X: The Winners and Losers
SegWit2X has garnered massive attention in the cryptocurrency communities recently. Even though the proposed change was later abandoned, it is believed that this scenario will later play out. SegWit2X is a planned hard fork originating from the New York...
Understanding and Using MetaMask
Introduced in July 2016 by Aaron Davis and Dan Finlay as a pathway to accessing Ethereum applications. MetaMask touts itself to be the bridge that allows you into the future today. MetaMask is a hot wallet which needs internet to connect for full use. With MetaMask,...
What is KYC and Why is it Important?
Know your customer originated in the traditional financial sector. This was in response to anti-laundering laws and ensuring that bank services are not being used for fraudulent purposes. In banks, the KYC guidelines stipulate that this process must be completed...
Blockchain and Charity: Making Sure Your Donations are Received by Those Intended
Blockchain has emerged over the past few years as a key technology in both the private and public sectors. The technology can disburse resources, track and keep records of transactions. Currently, blockchain technology is changing the face of many industries and it is...
The Dying Environment: Can Blockchain Save the Earth?
Blockchain technology, an offshoot of the Distributed Ledger Technology is disrupting many industries right now. This disruptive technology also has the potential to cause a wave of change for sustainable environment. Although we have our “nay-sayers”, there’s...
Smart Contract for Dummies
To understand the smart contract, you need an understanding of the blockchain. An understanding of the blockchain can only be achieved with the sound knowledge of how digital ledgers technology works. The word “smart” being added to a contract makes the whole thing...
What is a Distributed Ledger?
To understand Distributed Ledger, a comparison with General Ledger will help. General Ledger was the bedrock of financial accounting and dates far back as 1458, credited to Benedikt Kotruljević. The double entries principles have maintained its original form and...
Blockchain Beyond Cryptocurrencies: Part II
In the first part of this series, the adaptability of Blockchain technology to areas outside the traditional role of Cryptocurrency was considered. So far, the technology has been adapted to governance, intellectual property protection, identity management, data...
Blockchain Beyond Cryptocurrencies: Part I
Beyond the Cryptocurrency roots, Blockchain has been growing in popularity, adoption, and acceptability in recent time. Known majorly as the technology behind Bitcoin, with a 1900% increase in Google search of “Blockchain” in the last 2 years. Right now, blockchain...
Understanding Blockchain
You keep hearing the term more and more, your curiosity is growing, and you've realized that it's more than just Bitcoin. So what is Blockchain? It's The Future The blockchain is a distributed, decentralized, public ledger available to anyone, anywhere in the world,...
3 things you must know about the upcoming PSD2 directive
Before starting to understand PSD2(Payment Service Directive 2) it’s important to look at the original Payment Service Directive. If we look at Wikipedia the definition says: In Short, the PSD was created for the purpose of making a single market for payments....
ICO ban in China might help regulate ICOs
China latest move to ban ICOs might be helping push regulating the crazy world of ICOs Sheng Songcheng, a senior official of the central bank of China, said during an interview with China Business Network that blockchain is a promising technology and such scrutiny...
Why it’s not too late to start investing in Blockchain tech
If you are old enough to have been around for the dotCOM frenzy in the 1990s and you feel you missed out on some investment opportunities, then NOT investing in Blockchain tech is like history repeating itself. Since the early days of the internet there have been more...
