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What is Blockchain Technology?

A Blockchain can be defined as a growing list of records known as blocks, that are linked together by means of cryptography. Each block of records is made up of a cryptographic hash record of the previous block, transaction data and a timestamp.

Blockchain technology has become a trending topic these days. And that is mostly because it is the foundation of the world's most famous cryptocurrency known as the Bitcoin.

Many governments owned and leading international banks have decided to bring up many of their conventional transactions based on the concept of Blockchain.

The applications and potential of this Technology are very huge and are generally considered to be changing the means by which transactions are carried out in various fields.

In present times, there is a lot of activities on Blockchain Technologies. Most People have described this as the most disruptive technology in the past 15 years. Especially here that the financial markets are the one that is mostly affected.

The applications of Blockchain Technology are now being adopted into many sectors like healthcare, medicines, smart Properties, insurances, automobiles, and even in government areas.

Components of Blockchain Technology
1. Decentralization: Decentralization is one of the most critical components of Blockchain Technology which is the cause of all the benefits like trustlessness, censorship resistance, and immutability. Due to the decentralized nature of blockchains, no central database can be taken down by a government or terrorist outfit for personal gain. At its core, Blockchains have enabled people to come up with systems that do not rely on a centralized third party to keep money safe.

2. Immutability: One of the central tenets of cryptocurrency is to prevent double-spending. This requires that none of the previous entries in the ledger could be modified in any way. Blockchains are especially useful in a scenario such as this because changing previous ledger entries requires an attacker to have more computing power than the entire network of miners protecting the network, which is referred to as a 51% attack.
Be certified as a Blockchain technology expert by getting your Blockchain technology certification from Siitgo.

GENERAL DISCUSSION / Steps to register for jamb next year
« on: November 04, 2019, 07:28:50 PM »
For students that wants to sit for jamb 2020 exam, you need this.

These are the steps that you need to know if you want to register and sit for JAMB in 2020.

Note that the procedures below are quite different from that of 2019.

Get your jamb profile code via SMS : To do this, send your Surname, First Name and Middle Name to 55019. For Example, if your surname is Korede, your first name is Olaotan and your middle name is Adebayo,  you will simply send; Korede Olaotan Adebayo to 55019. A sum of fifty naira (₦50) will be deducted from your phone.

You will need to also have your NIN (National Identification Number). Go to any NIMC office nearest to you. Give them the required documents and register to get your NIN.

Go to the bank for your jamb registration pin: Make sure you take at least ₦5000 along with you and your jamb profile code while going to the bank to buy the pin.
Proceed to any accredited jamb cbt center near you. Take your profile code, jamb registration pin, O level results, and money to the cbt center.
They will register you for jamb and also make sure that you pay full attention to the details they are inputting into the online jamb form.
After registration, collect your jamb novel and disk (containing the syllabus, jamb brochure and other things you need to know, such as how to use the computer, etcetera.)
Note that if you don't have NIN, you can't register for jamb 2020.

Even if you are less than 18 years, you can still register for NIN. They will ask for some documents like birth certificate, o level results, etcetera. And you will also fill a form.

Congratulations, you have fully registered for jamb.

Start preparing for the exam, I wish you success.

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