[kictanet] Bitange to head Taskforce on Blockchain...

[Erick Mwangi]

Is there an example of a well developed Blockchain?

I agree with Tokenisation.

Eric

On 1 Mar 2018 3:22 pm, "Hillary Cheserek via kictanet" <
kictanet at lists.kictanet.or.ke> wrote:

> It is true that blockchain is not a panacea. It however solves specific
> problems that cannot be resolved by the traditional methods. Well developed
> blockchain systems do not need trust to operate. It is not about trusting
> the network. It is about using software codes on the network that are
> immutable and cannot be changed, without consensus and due procedure. There
> are existing global networks that people can ran their networks on such as
> the Etherium ERC 20 Token of the EOS token. The question is are we ready to
> accept to be controlled fully by machines?
>
> On Thu, Mar 1, 2018 at 6:06 PM, Erick Mwangi via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
>> Congratulations to the team, I look forward to fruitful engagements.
>>
>> Blockchain is not a panacea as most of us know - One needs to be
>> absolutely sure as its slow and requires a lot of computation and ofcourse
>> the complexity bit.  As a rule of thumb always consider the following:
>>
>> 1. Network: Will there be a significant number of participants in the
>> network. Do you trust them?
>>
>> 2. Perfromance: Do you need to store a limited amount of data for every
>> transaction. Will there be need to scale?
>>
>> 3. Business Logic: Is privacy important?  Will the system be stand alone?
>> Does it need to access external data / Integrate into existing IT?
>>
>> 4. Consensus: Will there be an arbitrator in car of dispute, Do you need
>> strict immutability, Should all participants be involved in the validity of
>> transactions?
>>
>> Bw
>>
>> Eric Mwangi
>>
>> On Thu, Mar 1, 2018 at 12:34 PM, Mwendwa Kivuva via kictanet <
>> kictanet at lists.kictanet.or.ke> wrote:
>>
>>> Congratulations to the team.
>>>
>>>
>>> Blockchain can produce a single source of truth (SSoT) as our CS Mucheru
>>> puts it. I like that name. Despite that, there will not be any meaningful
>>> change in our systems if we don't address one thing. The human interface
>>> layer.... more so integrity.... For example, if the land registry, is
>>> migrated to the blockchain, it may initially start with lies, depending on
>>> current emotive land issues, and prominent politicians insatiable appetite
>>> for grabbing land. If people who have the prerogative to post into such
>>> systems are compromised by such powerful individuals, they will make sure
>>> the system does not work, or the information posted is not correct. IEBC
>>> and elections anyone?
>>>
>>> I'm a believer in systems, and solving problems. For that, we have
>>> already developed a blockchain application for academic qualifications for
>>> universities. This removes problem of universities repudiating
>>> qualifications of prominent politicians and Chief Executives. Here is a
>>> sample output of a certificate written on the blockchain,
>>> https://gateway.ipfs.io/ipfs/QmUPdewcjsiwz6dJvPAnFCLTj7X2F2H
>>> HZ5hKBwBaoiGWny
>>>
>>> Good luck to the team, and pongezi CS Mucheru for ensuring the word
>>> "Blockhain" and "Artificial intelligence" gets into the President's speech.
>>> This is no mean feat.
>>>
>>> Regards,
>>> Mwendwa Kivuva.
>>>
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>>
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>> 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
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>>
>
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> 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.
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