BLOCKCHAINS - Get in the Conversation and Perhaps Conversion..Digital Currency
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
Wangari, Our very own Rosemary is an expert in the area of digital currency practice and policy. Thank you proposing this discussion for this year's IGF, it is noted for consideration by the community. Regards, 2016-05-16 17:12 GMT+03:00 Wangari Kabiru via kictanet < kictanet@lists.kictanet.or.ke>:
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
_______________________________________________ kictanet mailing list kictanet@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/nmutungu%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.
-- Grace L.N. Mutung'u Nairobi Kenya Skype: gracebomu Twitter: @Bomu <http://www.diplointernetgovernance.org/profile/GraceMutungu> PGP ID : 0x33A3450F
I've been studying private blockchain systems for a few months (IntelLedger, Ethereum and Multichain), and I have used both Bitcoin and Ethereum. I'm available for comment. Curiously, Ashish didn't mention Slock.it, which has published a project called The DAO, a decentralized autonomous organization. This is a system that uses smart contracts (cue Larry Lessig's "Code and Other Laws of Cyberspace") to automate governance decisions, using a custom-built currency to facilitate voting rights. They're governed by code, stored on the Ethereum block chain. Here's a primer on the concept: https://blog.slock.it/a-primer-to-the-decentralized-autonomous-organization-... On Mon, May 16, 2016 at 5:24 PM Grace Mutung'u (Bomu) via kictanet < kictanet@lists.kictanet.or.ke> wrote:
Wangari, Our very own Rosemary is an expert in the area of digital currency practice and policy. Thank you proposing this discussion for this year's IGF, it is noted for consideration by the community. Regards,
2016-05-16 17:12 GMT+03:00 Wangari Kabiru via kictanet < kictanet@lists.kictanet.or.ke>:
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
_______________________________________________ kictanet mailing list kictanet@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/nmutungu%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.
-- Grace L.N. Mutung'u Nairobi Kenya Skype: gracebomu Twitter: @Bomu
<http://www.diplointernetgovernance.org/profile/GraceMutungu>
PGP ID : 0x33A3450F
_______________________________________________ kictanet mailing list kictanet@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/bmn%40savannahinformat...
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.
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@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** |*Managing Partner* |* Phone: +254 701691570 ** *|*Mobile: +254 787332247 *|* Skype: baijushah* |* Email: baiju@telemedia.co.ke* | * *Telemedia Africa Ltd* *. * The information contained within this e-mail and any attachments ("Email") may contain legally privileged, proprietary and confidential information intended solely for the recipients listed as addresses. If you are not an addressee, any review, dissemination, disclosure, copying, distribution, retention, communication, or use of the contents of this Email is strictly prohibited. If this Email is received in error, immediately notify the original sender by return email or telephone Telemedia Africa Ltd at +254 787332247, and delete this Email. Telemedia Africa warrants neither the accuracy nor the completeness of the information contained in this Email.
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@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@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** |*Managing Partner* |*
Phone: +254 701691570 ** *|*Mobile: +254 787332247 *|* Skype: baijushah* |* Email: baiju@telemedia.co.ke* | *
*Telemedia Africa Ltd* *. *
The information contained within this e-mail and any attachments ("Email") may contain legally privileged, proprietary and confidential information intended solely for the recipients listed as addresses. If you are not an addressee, any review, dissemination, disclosure, copying, distribution, retention, communication, or use of the contents of this Email is strictly prohibited. If this Email is received in error, immediately notify the original sender by return email or telephone Telemedia Africa Ltd at +254 787332247, and delete this Email. Telemedia Africa warrants neither the accuracy nor the completeness of the information contained in this Email.
_______________________________________________ kictanet mailing list kictanet@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/chemukoechk%40gmail.co...
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.
participants (5)
-
Baiju Shah -
Brian Muhia -
Grace Mutung'u (Bomu) -
Rosemary Koech-Kimwatu -
Wangari Kabiru