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Showing posts from May, 2018

The Token Economy

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Tokens are the new form of value transfer  without a central structure but rather a decentralized structure. With now more than 200 Tokens being traded on exchanges and more ICOs coming soon its a whole new economy coming to age. In today's world, Developers can wake up a day, build a business case or problem that can be solved with the power of the block-chain or even without, write a white paper, run a marketing campaign, organize an ICO and then Raise over $30m and exchange about 30m tokens for investors to keep as value for the project being built. Thats the new magic developers have today, and it has begun creating a new economy both in mind and also at hand. In the near future, we shall have digit wallets that will carry our different tokens for different uses from , Utility tokens to securities tokens and even fun tokens. We shall be paying for parking in tokens, paying for food , Gas , drinks, and so much more including Salaries. Despite this underlying will be

Building on the Blockchain by Nyesigye

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Its 2018, the word Block-chain is everywhere and yet few understand how it works or can be able to use or build upon it. Even Google, Facebook are just trying to learn what it is, while Amazon, Microsoft and IBM have tried to make their own use cases , but still require so much to be able to understand it, as for Apple it just seems blank. Block-chain is the underlying technology powering the famous bitcoin , ethereum and other Cryptocurrency . But today am not doing education on what it is, i just want to help a developer just beginning or a business to enable them go from step zero to step one at-least. So Block-chain technology is primarily about immutability , the ability of data to stay for as long as accessible without the ability to delete, thus building the underlying principle of "Trust". For example understand a world, where people can lie or tell the truth, but there's a record on everything thus truth is not 99% but rather 100%. Although this chan