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Tag: blockchain

Card Paper and Coin Money

How Crytocurrencies really work (and what you can do with them)

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On February 4, 2018

In BlogPost

In this 3rd part of the series on money and cryptocurrencies, we dive deeper into the mechanism of cryptocurrencies.

At the very core, a cryptocurrency is basically a token that is created and maintained on top of a blockchain, the
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Understanding Money and Cryptocurrencies (Blockchain applications part 2)

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On January 28, 2018

In BlogPost

Bundle of Money

A cryptocurrency is simply currency/money that is based on strong cryptography to secure its use for transactions, to control the creation of additional units and to verify any operations done with it. Most definitions like to add … Read the rest

A simple explanation of blockchains and crypto currencies

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On January 24, 2018

In BlogPost

Chained to a bank?, not anymore.

What is the blockchain?
Say you have an account with Union Bank of Nigeria, every time you pay in money, the bank records it on your account sheet (ledger), every time you do a
… Read the rest

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