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International Women’s Day: Celebrating Women in Blockchain Tech

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International women's day: celebrating women in blockchain

Women role in society, not just the Blockchain space has always been a topic of discussion in the media. One could be pardoned for assuming the Blockchain and the cryptocurrency industry is male-dominated field as men are seen to be obvious domination of the technology space in general.

However, women should be recognized and commended as many of them play active roles in improving the adoption of cryptocurrency in mainstream commerce. There is a growing number of notable women making a tangible contribution and actively involved in leading projects in the Blockchain and cryptocurrency sphere.

On this international women’s day, we want to celebrate some of the female players making strides within the Blockchain ecosystem and here is a brief look at some;

Genevieve Leveille, Principal Founder and Chief Executive Officer at AgriLedger (JERSEY)

Genevieve has over 23 years’ experience in Supply Chain Finance and Banking, an expert in digital identity, market risk, liquidity management, treasury and business, and industry transformation. She is a renowned international speaker and has considerable experience in all major international markets. In 2016 Genevieve founded and led a hackathon team in the creation of the AgriLedger concept, a social enterprise project using distributed ledger technology and mobile apps for agricultural producers. Not only does Genevieve bring significant expertise and corporate experience to Blockchain and Cryptocurrency industries, but she’s also a passionate and skilled advocate in utilizing technology solutions for social impact, empowerment, and the greater good.

Follow Genevieve thoughts on the subject on LinkedIn, Twitter

Lindsay Nuon, Founder, and CEO of Women of Color in Blockchain, Inc. (WCB)

One of the hottest Cybersecurity startups in the industry toping best-of-lists in Information Weekly Dark Reading, SC Magazine and WSJ. She advises startups, mentors and speaks on topics including Cybersecurity, Data privacy, Governance, Risk, and Compliance and Diversity, Equity and Inclusion. She is a proud member of the International Association of Privacy Professionals, a Certified Ethical Hacker and an Integrated Risk Management strategist. To date, her work has been covered in Al Jazeera, CNBC. Recently she served as a judge for the inaugural One World Award, presented at the Consensys Blockchain for Social Impact Conference at the United States Institute of Peace in Washington, DC. WCB along with its partners work to enhance the perspectives represented at conferences, companies, and projects across the Blockchain ecosystem and the tech industry.

You can find her on the subject on Twitter, Linkedin

Ella Zhang, Head of Binance Labs

Ella has over 14 years of interdisciplinary experience in venture capital and frontier technologies. She was the youngest investment director of KPCB, one of the most prominent VCs on Sand Hill Road. Ella also co-founded XiaoduoAI, which provides NLP solutions to more than 3,000 clients including Taobao, EMS, Meituan, China Telecom, and JD Finance. Ella holds a B.S.E.E. from UESTC and MBA from Stanford GSB, where she started to believe in Blockchain technology and cryptocurrency will “Change lives.

Follow her thoughts on the subject on Twitter

Ruth Iselema, CEO, Bitmama.io

Ruth Iselema is the Co-founder and CEO at Bitmama, a cryptocurrency exchange with the mission to financially empower people by leveraging blockchain technology with fast, simple and easy trading of cryptocurrencies. She is a cryptocurrency enthusiast, trader and early investor with years of experience in Blockchain.

You can find Ruth on the subject on Linkedin, Twitter

Faith Obafemi, Blockchain Lawyer

Faith Obafemi is a digital lawyer whose practice area revolves around legal tech, cryptocurrency, Blockchain, and smart contracts. As a Founding Partner at Lex Futurus, an international Blockchain law firm, Faith helps her clients illuminate and navigate the crypto dark maze.

Follow faith insights on the subject on Twitter, Linkedin

Alakanani Itireleng, Founder, Satoshicentre.tech, Botswana

Alakanani Itireleng is one of the first ladies to be behind the bitcoin and Blockchain technology having been fully active since 2013, she is popularly known as the Bitcoinlady of Africa, she is a global Blockchain speaker, an innovator and founder of the Blockchain hub satoshicentre and a startup called Plaas.

You can find her on Twitter, Linkedin

Doris Ojuederie, Founder, Blockchain African Ladies

Ojuederie Doris, a Blockchain certified expert, an entrepreneur with expertise on Business Development and strategic marketing and ardent Blockchain lover, have been in the Blockchain space for about 6 years and passionate about educating African women about the Blockchain technology.

Connect with Doris on LinkedIn, Twitter

Flora Sun, Director at Binance Labs

Prior to joining Binance Labs, Flora Sun was a software engineer in Silicon Valley. She has worked in the telecommunications research group (COMSAT Labs), enterprise software corporations (HP, Oracle, Remend, Bitfone) and several consumer Internet startups. Flora is passionate about using computer science to make a positive impact on people’s lives and has developed technologies that are used by millions. Flora holds SB and MEng degrees in EECS from MIT.

You can find flora on Twitter

Heaven Bereket, Founder bambino foundation, Sweden

Heaven Bereket is a Social Entrepreneur at heart, a female entrepreneur doing business with a purpose. Using an innovative model of funding her start-up through Crypto & Forex trading. With over 5 years of experience of trading, her biggest passion is providing support to local initiatives and working towards financial inclusion.

Follow her thoughts on the subject on Twitter, LinkedIn

Eman Herawy, Blockchain Developer, Egypt

Eman Herawy Is an Egyptian Blockchain developer and part of a Blockchain/AI team and currently working on different Blockchain including Ethereum, quorum, Ethereum swarm, hyper ledger fabric domains. Herawy is also mastered in cloud networks.

You can find Eman on the subject on Twitter, Linkedin

Happy International Women’s Day! A balanced world is a better world.

 

Do join us in celebrating International Women’s Day by using the comment section, spreading the word about the accomplishments of women in Blockchain and in other areas of life!!

 

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Is 2019 the Year of IEOs?

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Fundraising is an  important aspect in businesses and the cryptosphere has seen its fair share. In 2017, the crypto space was abuzz with the fundraising model of Initial coin offerings (ICOs). By 2018, the thrill had died down and it would seem that Initial Exchange Offerings (1EO) are taking over with over 100 IEOs launched.

Similarities Between ICO and IEO

While the ICO and IEO are similar fundraising model there are still different in terms of functionality. The two fundraising models are both tokenized forms of crowdfunding. This means that  offer tokens, in exchange for investors funds. These tokens offered to investors have some utility value that the company aims to provide a service for on their road map.

However, the difference between ICOs and Initial Exchange Offerings is hinged on the fact that in an IEO, the token offering is facilitated by a cryptocurrency exchange on its platform and the exchange will eventually lists it. On the other hand, in an ICO, the company will have to fend for creating everything to sustain its token. Also, Initial Exchange Offering offer investors a unique advantage, unlike the ICO model where a lot of ICO projects did not make it to an exchange, leaving investors with no place to trade the worthless tokens they are stuck with.

The era of ICOs which spanned late-2017 to mid-2018 experienced rapid growth and success. A major factor responsible for the success of the ICO model was the easy access to global investors it offered crypto startups unlike traditional venture funding. One of the factors that lead to the slowth death of ICOs were the alarming number of scam project raising funds and duping investors. In 2017 alone, 80% of the ICOs conducted were scam projects.

Where are We with IEOs?

However, 2019 has seen a remarkable spurt in the growth of Initial Exchange Offerings. In May 2019 alone, more than $1 billion has been raised by IEO projects.  Since the inception of Initial Exchange Offerings, the total global funds raised is over $1.6 billion dollars and remarkably, $1.4 billion of these funds were raised in 2019.

Binance was the first exchange to kick start the age of IEOs. The Binance Launchpad raised $7.4 million while hosting a public sale of BitTorrent tokens. It is amazing to know that Asian Exchanges have dominated the space with European exchanges coming behind. Asides Binance, other major trading platforms on the Exchange offering bandwagon include, Huobi, OKEx, Bittrex, Bitmax, Coineal, KuCoin, Exmarkets, etc.

However, Binance has managed to stay on top of the game with over 400% ROI just in May. It’s most recent Exchange Offering, Elrond (ERD) held earlier this month was selling dis more than 46 times the initial price  within an hour of trading on Binance.

On the other hand, may seem that the initial hype behind this fundraising model is beginning to dwindle with investors getting worried about the utility of the token. According to ICO bench, there are over 40 IEOs conducting their fundraising. While this doesn’t mean that Initial Exchange Offerings are coming to an end, it means that more utility is demanded.

As it is, Exchange offerings as a fundraising model still need to gain solid footing for itself just as ICOs did, however, they are a viable option for fundraising and project launch. It can be safe to say that 2019 is not the age of Initial Exchange Offerings, but the start of the age.

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Can Blockchain Make A Change In Developing Countries Land Registry?

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Can Blockchain Make A Change In Developing Countries Land Registry?

Blockchain is a technology that took the world by storm and has disruptive potential. Just like the internet, blockchain was welcomed with skepticism. Blockchain has been around since 1991, and cryptocurrencies like Bitcoin since 2009 but the world is only now starting to take a firmer hold.

It is projected that by the year 2021, the blockchain market will be valued at $2.3 billion. Most governments will adopt the technology for use in various tasks such as taxes, voting, health care, and land administration.

Land Administration

Developing countries have a hard time keeping accurate records in their land registries. Most countries have poor ledgers, which are prone to tampering, loss, and damage. These land governance issues are a source of land disputes owing to unclear land tenures and ownership.

These disputes mean the land is unproductive owing to the wrangles, sometimes dragging on for years. These inconsistencies in registry accuracy and land tenure lead to land grabbing from unscrupulous individuals.

Developing countries’ leaders should strive to catch up with countries that are already far ahead as far as the blockchain technology is concerned. Taiwan’s congressman Jason Hsu is one man who is determined to make sure all legal barriers concerning the technology are removed. He intends to ensure that the citizens are aware of what technology can do for them and better their lives. Hsu in an interview stated that blockchain technology can do very well in developing countries such as Zimbabwe and Venezuela.

Immutable Technology

Blockchain technology has the capacity to solve all the land registry problems for developing countries.in several ways:

  •       Since information is stored via cryptography, it means every item on the blockchain ledger is securely coded with an identifier that is unique and provides tracking capabilities and protection.
  •       Blockchain technology works on based on a consensus. This means if a fresh record is added to the ledger, it has to have real connections to other network nodes for it to be verified. If it has no connection, it cannot be added.
  •       Blockchain’s record storage is distributed. Information can be viewed and added to the ledger by authorized persons. They do not have to rely on a centralized command or an intermediary.

How it works

A blockchain can store online all the necessary information that pertains to property sellers and buyers. It can change the land registry by eliminating the manual steps in the land registries. These steps include verification of information from the land register, contracts with real estate agents, property inspections, and so forth.

 Everyone is able to see alterations made to the ledger and can access the records any time they wish and in real time. With blockchain, they are assured of the data’s immutability and security.

Digitization is critical because it allows hashing, on which cryptography has its basis. Hashing is the conversion of data into a unique text string. Most developing countries use paper-based methods that are a challenge when it comes to updating the information digitally. Any data is hashable, no matter its size or type, and the hash produced by any data is the same length.

Implementation

Implementation of blockchain would mean having to deal with issues created by decades-old poor land governance. It would also need a large investment to ensure the management of this technology. It is not impossible to streamline and digitize a land registry.

Many governments in the developing countries struggle with poor land governance issues, including registry digitization. Most are still far off from implementing the blockchain technology on a larger scale. However, the technology has some potential in areas where they have already succeeded in establishing a good record of title deeds.

The emergence of technology such as GPS, satellite imagery, machine learning, and machine imagery are some good examples of possibilities for completion of land record digitalization. These technological advancements might play a big role in the establishment of blockchain land registries in the future.

Conclusion

Blockchain technology can help to streamline the land registries in developing countries. These land registries largely depend on manual updates. These updates are rarely accurate, are prone to tampering, forgery, and loss.

Digitization of the land registry would be a huge leap towards ensuring that the land titles and tenures are registered to the rightful owners. Disputes arising from land ownership matters would be history. Blockchain technology is immutable. When a change is made, it is permanent and cannot be reversed. The evidence is open for scrutiny and this would build trust between the public and the land registry officials.

Do you share similar views with TechWarn.com? If no what is your take on the topic? Drop your opinions in the comment section!

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Blockstack Opens the way for Crypto Startup’s funding via Global Token Sales in a Surprising approval by the SEC

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Blockstack Opens the way for Crypto Startup’s funding via Global Token Sales in a Surprising approval by the SEC

 

In a surprising move which has astonished the crypto, finance and regulatory community, the US based Blockstack which is a decentralized computing network according to its personal description has gotten approval from the Security and Exchange Commission in the United States to carry on a token sale which it is empowered to sell to both accredited and non-accredited investors as well as US and non-US investors.

 

 

This achievement has gathered applauding comments from crypto twitter considering the Commission’s hard-line on the sales of unregistered securities via token sales or ICO. Since the Commission came hard cracking down on illegal and fraudulent token sales, many Startups has been trying play safe while experiencing setbacks as the regulatory climate wasn’t clear for them. The establishment of a functional ETF is still on the commission to fully give a go-ahead to.

https://twitter.com/jchervinsky/status/1149104172182036480

 

Blockstack has in this move paved way for other blockchain and cryptocurrency startups to have a clear direction on how to go about launching sales of government approved tokens to the general public. The Utility Token of the Blockstack project STX will be sold to the investing based on the Regulation A+.

The firm is looking at raising a sum of $28 million via this token sale which anyone who desires to participate will be legally able whether in the United States or elsewhere. A turn around and applause move on the part of the Securities and Exchange Commission on the participation of US citizens on token sales in time past. The sale will commence on the 11th of July, 2019.

 

The year 2017 saw billions of dollars raised via ICOs from both fraudulent projects to non-fraudulent project. All through the year, as the token sale market was booming, so the price of cryptocurrency was booming with Bitcoin touching $20,000 and Ethereum reaching as high as $1300 at it’s peak. However, with ban sweeping across the world from both government and corporations on cryptocurrency activities, the market took a dive in what has been known the longest bear season ever in cryptocurrency lifetime -the Crypto Winter.

 

As the market continues to rage on, with IEOs on one side, the Blockstack news is a welcome development for crypto enthusiasts who cannot wait anymore to enjoy the gains of the ICO era.

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We are not threatened by Libra, We are the only “REAL” Social blockchain- Steemit shades Facebook.

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Steemit the blockchain based social media platform has stated they are not threatened by ww cryptocurrency the Libra. This was made known in Youtube Video by Steemit Head of Communication Andrew Levine. In the same video, Andrew pointed out that the Facebook Libra is a validation of the ingenious idea and decision made over three years ago to build the Steemit social blockchain.

According to tweet, Steemit calls itself the only “REAL” social blockchain thus telling Facebook and everyone that it remains the first ever and only actual social blockchain and that Facebook attempt to get onto the blockchain and cryptocurrency industry is in fact a move out of fear of the disruptive power of the technology.

 Facebook Libra is a validation of Steemit

Comparing Facebook Libra to the Steemit cryptocurrency, Andrew pointed out that the Libra will feature fee charges whereas the Steem cryptocurrency is fast and feeless. The Libra is a centralized cryptocurrency which is will be controlled by massive corporation but the Steem cryptocurrency is one that promotes freedom, privacy etc.

Andrew speaking on the whole Facebook Libra, he said “…because a company as rich as Facebook is afraid of the disruptive potential of this technology that is why they are trying to figure out how to use, not to benefit ordinary people like you are me but themselves, their bottomline and few other massive corporations. But we believe in people that is, we believe in decentralization, we believe in people will see what Facebook is doing and what we are doing and come to the right conclusion about the type of future that you want to be part of.”

 

As the world continues to learn of the incredible ways blockchain technology can be applied to our various everyday activities, products and services to make life easier, Facebook has decided to hop upon the moving train. The decision to get onboard cryptocurrency started in 2018 with the unveiling of its native cryptocurrency and wallet the Libra and Calibra respectively via the Libra whitepaper in the first half of 2019 just few weeks ago. The announcement sparked a significantly felt rally in the price of bitcoin and altcoins with bitcoin crossing upwards to $13,000.

 

While the price of Bitcoin and other cryptocurrency saw a rise, many crypto believers were expressing their concerns with the privacy issues of Facebook and wondering how the social media giant will be able to protect user financial data as it has failed miserably in time past.

 

Steemit is a blockchai based blogging and social media which rewards users with the steemit cryptocurrency for publishing and curating contents. It is a private firm based in New York City and created by Daniel Larimer in 2016. It currently accommodates over one million users.

 

Andrew puts forth a question which everyone will need to answer. With Facebook Libra, “is that really a future people are asking for? What is your answer?

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