drbubb Posted August 10, 2018 Report Share Posted August 10, 2018 Bit Chikka : & other Women educating re: Blockchain Not only Educating, but building their own block chain businesses too. Women are doing everything from Coding, to Marketing, to finding new applications, Filipinas (and a handful of foreign women) have joined the wave of blockchain pioneers in the Philippines. On tis thread, I will highlight some of the women active in Blockchain, ...And I may get some help from some of the female journalists & marketeers, whose articles I may feature here, with relevant excerpts. Bit Chikka is not a misspelling. The two founders are enthusiastic supporters of Blockchain, and want to help educate Filipinos (& Filipinas) about the latest developments. They have their own site > LINK: https://bitchikka.com/ They are publishing regular articles with block chain related news A SELECTION of BitChikka articles + Beginners guide to Stellar + Finding NEM—everything you need in understanding NEM + Litecoin vs. bitcoin Link to comment Share on other sites More sharing options...
drbubb Posted August 10, 2018 Author Report Share Posted August 10, 2018 CLEANER ELECTIONS is one of the things that some see as a logical application of the new BC technology How-Electoral-Problems-in-the-philippines-can-be-solved-through-blockchain/ : by Haze Natividad EXCERPTS Blockchain is a continuously expanding list of records of data distributed to all the people in the network so that the information recorded is in the block is visible to the public and cannot be changed nor tampered with. ...this technology could potentially disrupt the (PH Electoral) system and could pose a huge threat to political profiteers who are benefiting from the traditional and outdated local polls. Local polls in the Philippines Ironically, despite being the oldest democratic country in Asia, it took the country over a century to modernize its election. Election in the Philippines used to be an overwhelming tedious event. Before the poll was automated, the entire process was cumbersome and took roughly 3 weeks for the result to be published. Cost-effectiveness and efficiency For the 2010 elections, Smartmatic-TIM leased a complete automated election system (AES) to the Comelec in 2009 for P7.1 billion. In 2016, the government deployed 92,500 of vote counting machines (VCM) and these machines were considered the largest in the world. To lease this machine, the government spent P2.8 billion and on February 1, 2018, Comelec (Commissions on Election) has paid P2.122 billion to purchase the same dubious machines. That being said, holding a blockchain-powered poll will not only eliminate this exorbitant expenditure, it will also prevent dubious transactions between government and third-party companies. Since blockchain-based election will allow votes to be stored in an immutable ledger, it can offer instant access to the election results. > MORE, in Main article: https://bitchikka.com/how-electoral-problems-in-the-philippines-can-be-solved-through-blockchain/How Link to comment Share on other sites More sharing options...
drbubb Posted August 10, 2018 Author Report Share Posted August 10, 2018 BitChikk's Tracy Li reports on... Stellar & Lumins EXCERPT Since 2014, there have been numerous innovations for blockchain projects, one of which was Stellar, released in April 2015. Stellar serves a very specific niche, which is to bring together big and small financial institutions like banks, payment aggregators, fintech companies and ordinary users into a single platform that allows money to be moved like email. Stellar is also an ideal alternative to Ethereum as an ICO platform that does not require complex smart contracts. What is Stellar?Stellar is a blockchain network and protocol for moving and exchanging assets almost instantaneously, peer-to-peer, in one decentralized ledger and platform. It is paving the way for a more inclusive global infrastructure for payments. To better understand what stellar is, ask yourself these questions: Don’t you find it convenient when you are in a foreign country that you can withdraw from their ATMs using your Philippine-based ATM card and receive the money converted to their local currency? That convenience comes with a cost of 150 Php to 200 Php, but what if there is a better alternative that would only cost you a few cents (in Php)? What if there is a much cheaper alternative for OFWs to send money to their families in the Philippines? What if you can facilitate micropayments online with very little to no overhead on transaction fees? What if you are a rural bank and would like to move money cross-border but you don’t have the resources like a bigger bank has, such as an access to the SWIFT network? What if you can tokenize your assets and sell them in an exchange instantly? What if you can pay for your coffee with a token representing an asset? The list can go on, but all of these can be done in Stellar. > https://bitchikka.com/beginners-guide-to-stellar/ > MORE on Prices & Trading, etc: STELLAR & Lumens / XLM : Payment applicatons etc Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.