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Blockchain technology all set to change the face of e-democracy

Blockchain is arguably one of the most promising technology innovations since the Internet emerged. It facilitates transactions and value exchanges without using middlemen, central authority or trust. Blockchain technology connects consumers and suppliers directly. It utilizes cryptography or codes to safeguard exchanges. There is a mainframe or digital journal, which in essence is a decentralized database,…

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Microsoft’s Use of Ethereum Highlights Adoption of Blockchain as a Service

Microsoft has become very aggressive in its attempts to build a structure that depends on a specific blockchain called Ethereum. This is a computing platform based on blockchain that features smart contract function. It introduces a decentralized Ethereum Virtual Machine or EVM capable of implementing peer-to-peer (P2P) contracts. The crypto-currency used is Ether. Majority of Bitcoin…

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