@Walubengo
Please explain to us in a way that a Standard 5 kid can understand how we
retain the core values and benefits of Blockchain without tokenization. As
a Mwalimu this should be a walk in the park.. 🙂
*Ali Hussein*
*Principal*
*AHK & Associates*
Tel: +254 713 601113
Twitter: @AliHKassim
Skype: abu-jomo
LinkedIn: ke.linkedin.com/in/alihkassim
<ke.linkedin.com/in/alihkassim>
13th Floor , Delta Towers, Oracle Wing,
Chiromo Road, Westlands,
Nairobi, Kenya.
Any information of a personal nature expressed in this email are purely
mine and do not necessarily reflect the official positions of the
organizations that I work with.
On Tue, Jul 17, 2018 at 2:38 PM, Walubengo J via kictanet <
[email protected]> wrote:
> Agreed with Hillary,
>
> One can find use for Distributed Ledger (DL) Tech without the Crypto
> aspect. The core advantage of DL within the Kenyan context is distributed
> control – as in the decision (consensus) on what is finally entered as a
> true record of events is shared and NOT under one entity(node).
>
> Think about our notorious election process where Chebukati and Chiloba
> (IEBC) retain the final say. If we moved our electoral system onto a
> blockchain or a distributed ledger, the history of all voting transactions
> would be algorithmically determined by the participating nodes from say
> from IEBC, Judiciary, Political Parties, Civil Society, Professional bodies
> and others to be determined (by a changed law).
>
> The blockchain properties of immutability, transparency, auditability,
> provenance, etc would then all come into play. Infact there would be no
> more #Fungua_Server manenos.
>
> All these without Cryptos.
>
> That said, Cryptos or Tokens also have their place. One can remodel the
> whole economic system around cryptos or Tokens.
>
> For example, one could incentivise positive behaviour around certain
> resources by awarding or deducting tokens. For example if we want to keep
> Nairobi clean, we could have residents earning ‘Green-Tokens’ for each
> positive action they make for reducing pollution, while those increasing
> pollution would have their ‘Green-Tokens’ deducted.
>
> Basically we decentralise and Tokenise the NEMA function 🙂
>
> In short, DL & Cryptos/Tokens can work independently or together.
>
> walu.
>
> On Tuesday, July 17, 2018, 10:22:29 AM GMT+3, Hillary Cheserek via
> kictanet <[email protected]> wrote:
>
>
> Hi John,
> Just a clarification. A distributed Ledger is a set of nodes distributed
> geographically and operating independently using an agreed protocol. The
> protocol is designed to verify certain data and ensure that it is
> synchronized. Blockchain is one form of a distributed Ledger that utilizes
> either proof of work or Proof of stake. Bitcoin for instance utilizes the
> proof of work protocol and nodes compete to solve a complex puzzle by
> hashing the previous block in the current transaction. Proof of stake means
> you have more voting power based on how much you have and it is believed
> that you cannot compromise the network because you have a stake in it.
> Please note also that Cryptocurrency is the product of some Distributed
> Ledger systems as an incentive for the independent members to run the
> nodes. It is possible to run a distributed system without Cryptocurrency in
> a controlled environment or with certain contracts. There are protocols
> like hyperledger and Hashgraph which examples of distributed ledger
> protocols outside of the crypto world. They can be used in the supply chain
> world to link regulators and manufacturers.
> The opportunity in DLT is so huge. It is limitless.
>
>
> On Mon, Jul 16, 2018 at 3:42 PM, mauxdatabase via kictanet <
> [email protected]> wrote:
>
> Hi Ali,
>
> The problem is definitions have gotten muddled up by the wave(s) of
> blockchain hype.
>
> The original definition of Blockchain contains these key components are
> married to each other.
>
> – Protocol; Consensus rules for how Blockchains/Crypto-currencies
> work. Enforced by primarily 2 methods proof-of-work and proof-of-stake.
> – Distributed Legder; This is usually confused with the Blockchain.
> This is the collection of blocks sequentially linked(Chain) of processed
> transactions.
> – Currency; This the reward token paid to miners/stakers who process
> the transactions, create the blocks and chain them together using the rules
> defined in the protocol.
> – Software; This is open-source for verification and is why we trust
> the above. The Software can be optimized continously but usually the
> protocol is more rigid;
>
> So to answer your question; the Distributed Ledger without the other
> components is not really useful, in-fact databases are much more efficient.
>
> Best,
>
> John K
>
>
> On Sat, Jul 14, 2018 at 10:40 AM, Admin CampusCiti via kictanet <
> [email protected] > wrote:
>
> Great conversations.
>
> I particularly like the angle of sovereignty brought out by Rosemary.
> However as we navigate this space we need to be careful not to put
> ourselves in an island and ‘Balkanize ‘ the BlockChain.
>
> @John, the whole aspect of BlockChain is decentralized and the
> tokenization model is intrinsic to its value proposition. I’lol be keen to
> understand how that would work without tokenization. Happy to discuss this
> point.
>
> On innovation and funding of startups in Africa there’s been an alleged
> bias towards ‘foreigners’. My take on that is that those allegations are
> too simplistic. As a country and continent we MUST fund our own startups
> and not wait for ‘handouts’ from the West. Money is racist, tribal and
> parochial. It is what it is.
>
> Regards
>
> *Ali Hussein*
>
> +254 0713 601113
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: ke.linkedin.c om/in/alihkassim
> <ke.linkedin.com/in/alihkassim>
> <ke.linkedin.com/in/alihkassim>
>
> Blog: www.alyhussein.com
>
> “Discovery consists in seeing what everyone else has seen and thinking
> what no one else has thought”. ~ Albert Szent-Györgyi
>
> Sent from my iPad
>
> On 13 Jul 2018, at 8:17 PM, carolyne mimano via kictanet <
> [email protected] > wrote:
>
> Actually cryptocurrencies are enabled by blockchain technology.Blockchain
> being the underlying technology it can run independently of
> cryptocurrency.And a lot of blockchain technologies actually do not involve
> cryptocurrencies.
> Blockchain has also developed into other more recent technologies such as
> ethereum and has been successful.
> Just like the example of Safaricom which just recently relocated its data
> centre from Europe-Germany to Kenya a lot of our blockchain use will be
> internationally located until the technology and expertise is vast.
>
> Regards
> Carolyne
>
> On Fri, 13 Jul 2018, 8:03 pm mauxdatabase via kictanet, <
> [email protected] > wrote:
>
> Rosemary, on Blockchain, you bring up very important points to consider;
>
> I am yet to see any successful and publicly verifiable use of
> Blockchain(Distributed Ledger) without the aspect of the Crypto-Token; the
> 2 go hand in hand.
>
> Since blockchains are global in nature, its not really a matter of
> sovereignty in my opinion, but the presence of skilled expertise within
> ones borders or organizations is key to maintain a competitive edge.
>
> Blockchain programmers are currently very expensive to train; which makes
> Building and Deploying Blockchain Applications expensive and not easily in
> our reach.
>
> Thus the Asians, Americans and Europeans are racing to scope up this
> talent and own the space with their respective Blockchain implementations.
>
> We must do the same, as the future Internet will be tokenized;
>
> In my opinion some of this has to do with policy and rest is building
> focused dev communities that tap into Blockchain for various use-cases(
> Title Deed Verification etc).
>
> Thankfully Kenya already has a budding community; but it needs mentorship
> and capital to thrive!!! Again progressive policies can help here….
>
> My 2 cryptos.
>
> John K.
>
>
> On Fri, Jul 13, 2018 at 5:40 PM, Rosemary Koech-Kimwatu via kictanet <
> [email protected] > wrote:
>
> Dear Listers,
>
> Allow me to respond to questions 1 & 4.
>
> 1. We must not apologize for the speed with which we are moving.
> Innovation is our locally developed solution for our local challenges and
> we have been successful so far. That said, it is important for us to be
> introspective and to address the challenges, some of which have been
> covered in this thread so far. Light regulation will create the most
> conducive environment for innovation to thrive.
>
> 2. Blockchain has been quite the buzzword and most enthusiasts can recite
> potential use cases. The truth however that it is still a fairly nascent
> technology and we have just began to explore it’s possibilities. From a
> policy perspective, there will need to be a purposeful interrogation of the
> the interplay between the tokens/cryptos the blockchain platforms that come
> with it especially in public service use cases. Should we then develop our
> own blockchain platforms whose tokens and management including mining will
> have an element of sovereignty?
>
> Kind regards,
>
> On Fri, Jul 13, 2018 at 12:31 PM, Ali Hussein via kictanet <
> [email protected] > wrote:
>
> Good people
>
> Good conversations. Keep them coming. There are some questions addressed
> to me and I will endeavour to respond to them at some point today.
>
> Thank you all!
>
> *Ali Hussein*
>
> *Principal*
>
> *AHK & Associates*
>
>
>
> Tel: +254 713 601113
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: ke.linkedin.com/in/alih kassim
> <ke.linkedin.com/in/alihkassim>
> <ke.linkedin.com/in/alihkassim>
>
>
> 13th Floor , Delta Towers, Oracle Wing,
>
> Chiromo Road, Westlands,
>
> Nairobi, Kenya.
>
> Any information of a personal nature expressed in this email are purely
> mine and do not necessarily reflect the official positions of the
> organizations that I work with.
>
> On Fri, Jul 13, 2018 at 10:46 AM, WANGARI KABIRU via kictanet <
> [email protected] > wrote:
>
>
>
> ” The solution (innovation) is what we most clearly see and what gets us
> most excited. But our stakeholders don’t necessarily see what we see. More
> important, their goals are different. They don’t care about our solution
> but rather about a business model story that promises them a return on
> their investment within a set time frame.” – Ash Maurya
>
> Traction, traction, traction…
> @Barrack, your Wakanda should to know the above by now.
>
>
> Be blessed.
> Regards/Wangari
> —
> Pray God Bless. 2013Wangari circa – “Being of the Light, We are Restored
> Through Faith in Mind, Body and Spirit; We Manifest The Kingdom of God on
> Earth”.
>
>
> On Friday, 13 July 2018, 10:10:25 GMT+3, Barrack Otieno via kictanet <
> [email protected] > wrote:
>
>
> Dear Carolyne,
>
> Many thanks for your insightful responses. Is there any capital flight
> or would you say the funds are wholly invested locally?
>
> Best Regards
>
> On 7/13/18, carolyne mimano <[email protected]> wrote:
> > Hi Barrack,
> > Having worked first hand in tech startups and innovation i can tell you
> > that a lot of the investors are interested in international cofounders as
> > oppossed to local.Mainly because we do not invest in our own.A lot of
> > cofounders who get funding are those who leave silicon valley for
> > Nigeria,Kenya and south Africa.Unfortunately we still prefer to invest in
> > property -land etc as compared to research and innovation which is one of
> > the reasons why a huge chunk of tech is foreign led.
> > Research on tech and innovation should start with the younger
> > generation.Note people like Mark Zuckerberg had programming tutors in
> > middle school.
> > Nairobi Innovation week is just a meeting place for tech enthusiasts,
> > investors and startups looking for funding.A lot of work needs to happen
> > all year round behind the scenes.
> > And yes the government needs to invest more in research as well as we(the
> > community) investing more in growing the next generation of innovators.
> >
> > kind regards
> > Carolyne
> >
> > On Fri, 13 Jul 2018, 9:23 am Barrack Otieno via kictanet, <
> > [email protected]> wrote:
> >
> >> Hi Ali,
> >>
> >> 1. We have made many gains in the Fintech and E-Commerce space due to
> >> a conducive Policy environment. I am curious to understand why our
> >> market is attracting a lot of venture capital. Is it that we are
> >> innovative or do we offer cheap labor?, is there any capital flight
> >> associated with the Venture Capital that is being channeled into our
> >> market. I ask this considering the long debate about who invented and
> >> owned MPESA. It eventually turned out that after all it was not a
> >> Kenyan.
> >> 2. How much is the Kenyan Government through the parent Ministry of
> >> Information and Communications Technology pumping into the FINTECH and
> >> Innovation Space. Better still do we have any Research and Development
> >> fund to support the sector beyond the Nairobi Innovation Week. I
> >> appreciate the fact that we have a CS who is at the fore front of
> >> Innovation but are we matching the same with the kind of budget being
> >> allocated to the Standard Gauge Railway?
> >> 3. I would also like to find out from listers that might be in the
> >> know , how many Kenyans have access to mobile money and gaps if any
> >> that might exist. Is there any research that has been done that is
> >> showing the current status of the Fintech and e-commerce eco-system.
> >>
> >> asking for Wakanda
> >>
> >> On 7/12/18, Ali Hussein via kictanet <[email protected] >
> >> wrote:
> >> > Dear listers.
> >> >
> >> > Since the advent of Mpesa, Kenya has been recognized as Ground Zero
> for
> >> > Mobile Money/Payments Innovation the world over. According to a World
> >> Bank
> >> > report one in every ten human beings regularly using mobile money is a
> >> > a
> >> > Kenyan.
> >> >
> >> > Over the last few years Fintech (Financial Technology) has become all
> >> > the
> >> > rage. American startups are setting up in Kenya. The more common ones
> >> that
> >> > we know are Branch and Tala who combined have raised over $150m of
> >> venture
> >> > funds in the last few years. These two are mainly mobile lending
> >> platforms.
> >> > Insuretech is taking root. Payment Platforms are proliferating. Banks
> >> > are
> >> > jumping onto the Fintech Bandwagon with mainstream banks like Barclays
> >> and
> >> > HF Group launching their mobile lending apps. Equity Bank boldly
> >> announced a
> >> > few weeks ago that they are building an API Bank. Banking as a Service
> >> as it
> >> > were.
> >> >
> >> > Not to be left out, Blockchain and it’s offspring, Bitcoin is
> threading
> >> to
> >> > complete the upheavals in the financial sector. On top of it all the
> >> > government is playing catch up on regulation with the announcement of
> >> > the
> >> > Finance Bill 2018. See analysis from KPMG on this.
> >> >
> >> >
> >> home.kpmg.com/ke/en/ho me/insights/2018/06/finance-bi
> ll-2018-analysis.html
> <home.kpmg.com/ke/en/home/insights/2018/06/finance-bill-2018-analysis.html>
> >> >
> >> > To ponder:-
> >> >
> >> > 1. Are we moving too fast? Is there a need to take a chill pill and
> >> reflect
> >> > on the gains and achievements of the sector? Should we regulate
> >> > lightly
> >> or
> >> > heavily?
> >> >
> >> > 2. Should we regulate and cap the mobile lending platforms? Are they
> >> playing
> >> > a crucial role of financial inclusion or are they just loan sharks on
> >> > steroids?
> >> >
> >> > 3. How about the Credit Reference Bureaus? Are they stuck in a time
> >> > warp
> >> or
> >> > is the legislation in place encumbering them from innovation?
> >> >
> >> > 4. Lastly is the BlockChain conversation being overhyped? And how do
> >> > you
> >> > separate the technology from the cryptocurrencies it spawns?
> >> >
> >> > Over to you Listers.
> >> >
> >> > Ali Hussein
> >> > Principal
> >> > AHK & Associates
> >> > +254 0713 601113
> >> >
> >> > Twitter: @AliHKassim
> >> > Skype: abu-jomo
> >> > LinkedIn: ke.linkedin.com/in/alih kassim
> <ke.linkedin.com/in/alihkassim>
> >> >
> >> > “We are what we repeatedly do. Excellence, therefore, is not an act
> but
> >> > a
> >> > habit.” ~ Aristotle
> >> >
> >> >
> >> > Sent from my iPad
> >>
> >>
> >> —
> >> Barrack O. Otieno
> >> +254721325277
> >> +254733206359
> >> Skype: barrack.otieno
> >> PGP ID: 0x2611D86A
> >>
> >> ______________________________ _________________
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> >>
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>
> —
> Barrack O. Otieno
> +254721325277
> +254733206359
> Skype: barrack.otieno
> PGP ID: 0x2611D86A
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> —
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> Advocate
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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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> 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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