Blockchain technology has found application in many sectors of the economy, even though it began as an innovative tool for verifying digital currency transactions. This technology, also known as distributed ledger technology, is a collection of verified and immutable...
Decentralization is the watchword for different blockchains, and that is one thing that sets apart the technology from what is obtainable in the centralized world. Algorand is one of the new blockchains that has actively tried to solve the...
Facebook’s recent outage on 4th October 2021 disrupted many lives and businesses worldwide. It led to many questioning the world’s single reliance on one company that owns and operates so many applications used by billions of people daily. Moreover,...
Filecoin was launched in 2017, though its mainnet began operation in 2020 has an underlying concept to offer secure storage systems for files, thereby reducing the issues that people face when they use centralized solutions. It was created...
Blockchain technology promises innovations that will alter the state of numerous industries and even regions of the world. Nigeria is one country where its citizens have positioned themselves to enjoy some of the effects of the crypto revolution. At...
Bluzelle may have started out as a decentralized database storage network that catered to businesses both in the traditional and decentralized worlds, but that is changing. Ever since it launched its version 2.0 in 2021, it has become a...
Every industry faces cases of fraud, and the finance sector without a doubt is not left out. Fraud emanates from a lack of transparency, thereby making it easy for unscrupulous elements to manipulate records and data to their advantage....
Blockchain is a multi-purpose technology that has different applications. One of such applications is its use in the protection of royalty and copyright. This article talks about the challenges of the existing Intellectual Property Rights (IPR) system and how...
On 7 October 2021, the G20-mandated regulatory standard-setter, the Financial Stability Board (FSB) published a document titled: “Regulation, Supervision, and Oversight of “Global Stablecoin” Arrangements - Progress Report on the implementation of the FSB High-Level Recommendations” (Progress Report). The...
Blockchain technology is becoming increasingly popular in the world today. It is being used extensively in many industries, most notably the finance sector, especially with decentralized finance. According to the new International Data Corporation (IDC) guide, global spending on...
