Bitange to head Taskforce on Blockchain…

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 <

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