Blockchain is a data structure that stores records in a queue system. There are two types of blockchains: public and private. Public blockchains, like Bitcoin, allow anyone to view all transactions, while private blockchains restrict access to authorized individuals. In this session, we explain that a “block” is essentially a bundle of transactions. This bundling…
Africa is leapfrogging traditional and legacy banking payments systems in use in much of the developed World through fast adoption of mobile and internet based technology. Cutting edge blockchain technology such as Bitcoin has great potential in creating efficiency and disrupting traditional mechanisms for international trade, resource management, and governance where current transaction costs are…
John Karanja, CEO of Melanin Solar and co-founder of BitHub Africa, presented at a conference on the topic of utilizing blockchain technology to advance sustainable energy adoption across Africa. Speaking from a rural region in Kenya, John highlighted that a significant portion (around 65%) of the African population lacks access to consistent energy, even though…
