Peoplechain — Professional Life on Distributed Ledger — an Abstract Introduction!
It’s important to understand that the movement of money is more important than money itself. (more…)
By now almost everyone in the world is aware of India’s Aadhaar system, the Unique Identifier System that came into existence out of noble intentions but limitations of technology forced them to choose a centralized way of designing and implementing it.
This post is not about how flawed the Aadhar system is or the policy implications of data privacy and surveillance, but an optimistic projection into the future of such identity systems across the globe. (more…)
Bitcoin is a decentralized cryptocurrency (not just a digital currency) and the technology that enables bitcoin is termed as Blockchain which is completely absurd because blockchain is just a data structure.
The ecosystem of data structure + network protocol + consensus algorithm + incentivisation (mining) leads to a complete decentralization that the bitcoin whitepaper aimed to achieve. Let’s look at the popular definitions of Blockchain and try to define our own. (more…)