[kictanet] BLOCKCHAINS - Get in the Conversation and Perhaps Conversion..Digital Currency

[Tony White]

Excellent find Mwendwa - I wonder if our CS Mucheru can look into this?

... but it would take a bold move!

Cheers

On 17/05/2016, Mwendwa Kivuva via kictanet
<kictanet at lists.kictanet.or.ke> wrote:
> Blockchain for elections would be technology that would really change
> the landscape in Kenya. But such a technology may never pass through
> the political elite
> https://followmyvote.com/blockchain-voting-the-end-to-end-process/
>
> The benefits include
> 1. You can never vote twice
> 2. The vote is tallied immediately after being cast. No vote counting here
>
> On 17/05/2016, Wangari Kabiru via kictanet
> <kictanet at lists.kictanet.or.ke> wrote:
>> Happy Tuesday!
>>
>> Would any of our Tech hubs be handling any entrepreneurs doing this?
>>
>> Otherwise, tuko mbali! And this is not synonymous with the Kenya Silicon
>> Savanna hype.
>>
>> Blessed day.
>>
>> Regards/WangariOn May 17, 2016 10:44, Rosemary Koech-Kimwatu via kictanet
>> <kictanet at lists.kictanet.or.ke> wrote:
>>>
>>> KenyaCoin sounds very interesting. The use of blockchain technology is
>>> best viewed as an improvement of the current financial systems rather
>>> than
>>> a competitor. I'm convinced that it can tremendously improve financial
>>> services. Thank you Wangari  for the introduction of this discussion.
>>>
>>> Regards,
>>>
>>> Rosemary Koech-Kimwatu
>>> Tel: +254 718181644
>>> Skype: Rosemary Koech-Kimwatu
>>>
>>>
>>>
>>>
>>> On Mon, May 16, 2016 at 9:38 PM, Baiju Shah via kictanet
>>> <kictanet at lists.kictanet.or.ke> wrote:
>>>>
>>>> Hi Wangari,
>>>>
>>>> Many thanks for the notes on the understanding of the
>>>> Block Chain and we are very interested in the distributed ledger
>>>> technology as a means of exchanging trading and financial information
>>>> from a b2b perspective.
>>>>
>>>> We are looking to kick off an R&D project on developing some key
>>>> transactional areas especially on dealing with cross boarder trade and
>>>> the application of using open ledgers.
>>>>
>>>> Thanks,
>>>>
>>>> Best Regards,
>>>> Baiju
>>>> Telemedia Africa Ltd.
>>>>
>>>> On Monday, 16 May 2016, Wangari Kabiru via kictanet
>>>> <kictanet at lists.kictanet.or.ke> wrote:
>>>>>
>>>>> Happy Monday!
>>>>>
>>>>> Pray you are well.
>>>>>
>>>>> Today I have learnt on Blockchains and I am delighted to share of.
>>>>> Learnt from Ashis Gadnis - BANQUAPP.COM and Ric Shreves.
>>>>>
>>>>> Any persons in this community  in the field?
>>>>>
>>>>> The last time this discussion was here it was CBK and Bitcoin rundowns
>>>>> and the Ministry. Globally a lot is happening.
>>>>>
>>>>> The discussion is beyond financial services into data management,
>>>>> humanitarian data and refugee transfers services...and more.
>>>>>
>>>>> This community needs to have sharp deliberations on this at this year's
>>>>> IGF.
>>>>>
>>>>> <<< start notes>>>
>>>>>
>>>>> BTC4D @ ICT4D on 16/05/2016
>>>>>
>>>>> 'The blockchain is the new black..'
>>>>>
>>>>> First overlay is the web
>>>>> Second is blockchain - trust layer
>>>>> Challenge old ways, disrupt governance and centralised authority for
>>>>> enforcing transactions
>>>>>
>>>>> What is;
>>>>> A block chain is a distributed ledger via peer-to-peer
>>>>> Chain of digital signatures
>>>>> Protocal for exchanging value over internet without an intermediary
>>>>> A technology that allows people to exchange trust over transactions -
>>>>> Bank of England
>>>>>
>>>>> Critical elements in old times is trust.
>>>>>
>>>>> A block chain is another type of database for recording transactions -
>>>>> one that is copied to all computers
>>>>> Blockchain can be more than digital currency eg Asset tokenisation -
>>>>> transaction metadata used for transactions
>>>>>
>>>>> Structure;
>>>>> Data stored in structures called blocks.
>>>>>
>>>>> Elements; Header, Content - validated list of assets
>>>>>
>>>>> 15M - No. of Bitcoins in circulation
>>>>> 20B - Maximum no.of Bitcoins (2140), algorithm - manage inflation
>>>>> (unlike Ksh, $)
>>>>> $56M - 24hour Turnover of Bitcoins
>>>>> $746 M - Ethirium, 2nd Digital Currency
>>>>>
>>>>> Volatility of Bitcoin 1.24%
>>>>> 2013 +
>>>>> 2014 -
>>>>> 2015 +
>>>>>
>>>>> Other Blockchains;
>>>>> Best known are public; Litecoin, BitShares, Dogecoin, Namecoin.
>>>>> Others are private
>>>>>
>>>>> Types; unpermissioned, permissioned
>>>>>
>>>>> Newer ones;
>>>>> Ethereum, Microsoft BaaS - Blockchain as a Service
>>>>>
>>>>> Blockchain can be as a;
>>>>> Platform - build others on it
>>>>> Software
>>>>>
>>>>> What is happening;
>>>>> R3 working with 40+ banks
>>>>> Visa working on an independent proof of concept
>>>>> Citi has 3 blockchains and own digital currency (Citicoin)
>>>>> SEC, USA Stock Exchange
>>>>>
>>>>> The players you should know?
>>>>> R3
>>>>> Hyperledger
>>>>> Ethereum - an app platform
>>>>> Microsoft Azure BaaS - flexible
>>>>> Ripple
>>>>> Bitcoin is what is well known
>>>>>
>>>>> <<< end notes>>>
>>>>>
>>>>> Be blessed.
>>>>>
>>>>> Regards/Wangari
>>>>
>>>>
>>>>
>>>> --
>>>> Baiju Shah
>
>
> --
> ______________________
> Mwendwa Kivuva, Nairobi, Kenya
> twitter.com/lordmwesh
>
> _______________________________________________
> kictanet mailing list
> kictanet at lists.kictanet.or.ke
> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>
> Unsubscribe or change your options at
> https://lists.kictanet.or.ke/mailman/options/kictanet/tony.mzungu%40gmail.com
>
> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for
> people and institutions interested and involved in ICT policy and
> regulation. The network aims to act as a catalyst for reform in the ICT
> sector in support of the national aim of ICT enabled growth and development.
>
> KICTANetiquette : Adhere to the same standards of acceptable behaviors
> online that you follow in real life: respect people's times and bandwidth,
> share knowledge, don't flame or abuse or personalize, respect privacy, do
> not spam, do not market your wares or qualifications.


-- 
Tony White