Block chain technology.
Hello there,
I am Muvaka, let's harness the advantages of technology to change our surroundings.
Block-chain technology benefits
1. Transparency
- Transactions are permanently recorded, individuals and organizations can be held accountable for their actions.
- Open verification, anyone in the network can verify transactions
- Users can trace history of a transaction or asset from origin to its current state.
2. Decentralisation
- No central authority, no need for intermediaries like banks to approve transactions.
- Control is distributed among multiple nodes (computers), preventing single entity or server from control
- Since no central authority controls the blockchain, it’s more resistant to hacking
3. Speed and efficiency
- Eliminating intermediarie simplifies the transaction process.
- Blockchain enables the use of smart contracts. They execute themselves.
- Can handle high volume transactions simultaneously, leading to better scalability
4. 24/7 Availability
- Traditional transaction processes like banking can take days.
- An accessible central ledger helps avoid this.
- Transactions can occur at any time, improving accessibility and convenience.
5. Enhanced Privacy and Immutability
- Private and public keys manage data providing privacy and anonymity.
- Data becomes virtually tamper-proof due to consensus mechanisms and cryptographic hashing
- Records cannot be altered, fraud or unauthorized changes is prevented, preserving data integrity.
6. Cost Efficiency
- Cutting middlemen and automating processes reduces operational costs
- Digitizing transactions and record-keeping cuts down on paperwork and administrative processes.
- Transparency and immutability simplify auditing processes, reducing time and resources required for compliance checks.
What is Block Chain technology? You might ask.
Well, it involves creating and maintaining systems that allow people to store and share information securely and transparently, without needing a central authority like a bank or government
- A transaction is requested from the digital ledger
- A block representing the transaction is created.
- The block is sent to every node in the network for validation.
- Nodes validate the transaction and receive proof of reward.
- The block is added to the existing block-chain and the transaction is completed.
Simple process
1. Transaction
request sent
2. Transaction
block created
3. Block
sent for validation.
4. Block
validated and stored
About Me
Problem-Solving with Technology
As a Software Engineer
- I create solutions that tackle real-world challenges.
- I prioritize solutions that address users and businesses needs.
- I leverage my passion for developing cutting-edge technologies to solve practical problems.
- I excel at leading development teams to meet deadlines.
- I enforce coding best practices, ensuring clean codebases.
- I excel at identifying and resolving technical challenges.
- Am passionate in turning complex challenges into simple solutions.
- Adaptability and Expertise - I deeply understand core programming concepts.
- I lead teams to adopt the best practices and technologies, enhancing efficiency and solution quality.
I am agile, are you?
Why agile and not Waterfall?
- Quick response to changes.
- Iterative development, building sofwtare in manageable increments
- Frequent sprints and reviews keep the team engaged and collaborative
Development cycle
Continuos delivery and intergration.
Why continuos intergration, delivery and deployement?
- Faster releases
- Early bug detection
- Improved collaboration