All you need to know about Cryptocurrency and Blockchain Technology

Time is money, and both time and money are evolving rapidly. The discovery of the internet disrupted the way the world operated, bringing political, business, economic and social changes. It improved business processes and made online transactions, and banking, among other things, quicker and less complicated. And this is just the beginning; we humans are, after all, constant inventors and innovators.

Traditionally, political, economic, and legal systems structures are defined by contracts, transactions, and records. Nations and organisations set boundaries of operation to identify and chronicle managerial and social events.

But now it’s time for economic transformation. However, the slow and administrative regulations are stifling the digital transformation. 

Blockchain technology is here to help!

What is Blockchain?

Blockchain is an open, distributed technology that enables the process of recording unalterable transactions and tracking assets. Blockchain works on five basic principles:

  1. Distributed database
  2. Immutable records
  3. Transparent access
  4. Algorithm-based computational logic
  5. Two-way participant transmission
Photo credit: Pwc.com

Blockchain gets its name because of the way the transactions are grouped together into blocks of data, then chained together by way of a mathematical function that creates a hash code

Blockchain has disrupted the business industry with its application in financial services, healthcare, artificial intelligence (AI) and the internet of things (IoT) for supply chain, retail sector, oil and gas, telecommunications, insurance, smart contracts, voting and crypto of course.

So, how do blockchain technology and cryptocurrency work together?

Since its first implementation in 2009, blockchain has not been well known. Blockchain technology is the foundational technology for cryptocurrency, which was first implemented just a decade ago but was revolutionised with the widespread use of the application by Bitcoin. Bitcoin was the first cryptocurrency and operated through blockchain.

Blockchain is the foundational technology for cryptocurrency

Blockchain made it possible to record bitcoin transactions without a central authority establishing trust in a trustless environment. Being a digitalised, decentralised, public ledger, blockchain allows the formation of digital information into blocks, which are stored across a network of computers, creating a database. When verifiable transactions take place, the data is stored in blocks, which, when complete, are added to the chain.

Cryptocurrencies like Bitcoin, Ethereum, Litecoin and, USD Coin are used to buy goods and services. And cryptocurrency uses blockchain, an enhanced cryptographic security system, as a public ledger with immutable records that cannot be deleted or altered. 

Cryptocurrency is used as a digital form of cash to buy goods and services through various trading platforms or digital wallets. The blockchain technology here records the transaction when ownership is transferred to the new owner. Every transaction, therefore, is a public ledger, unalterable, secure and time-stamped.

The pace of technology will not slow down. Cryptocurrency and blockchain hand in hand continue to disrupt much more than the financial services industry. 

What are your thoughts? Share in the comments below.

Venturing into the world of Cryptocurrency – 5 reasons why businesses should move towards digital currency

One day I was sulking over the pitiful return I got from my money in a bank’s saving account (The rate of interest offered by my bank is a little shy of 0.01% for a balance over $5000 and 0% on balances less than $5000). My colleague shared a similar disappointing story of seeing his money stay the same over a period, giving no returns. He was a risk-taker and invested in crypto about a decade ago. I stayed put as I knew little about crypto and thought it was all a scam! Fast forward ten years, he now owns a healthy bank balance or, should I say, digital currency balance and a brand new mode of payment!

Cryptocurrency has come a long way in the last decade. Cryptocurrency ownership increased 63% just in 2020, and the valuation exceeded $2 trillion for the first time in April 2021. Bitcoin has been one of the oldest and most iconic cryptocurrencies in the blockchain domain. Closely following its footsteps is the Ethereum blockchain – the second largest digital coin. And both combined hold the most significant shares of crypto valuation.

This trend is here to stay and become a financial revolution in the currency world.

Photo credit: Canva.com

There is an increasing interest in buying and using cryptocurrency, especially among millennials, as this is the future of payments. Consumers don’t want to miss out on this lucrative investment opportunity or miss being part of the futuristic trend of being able to pay with digital currency for retail purchases. The market has a strong interest, and the findings suggest that current owners, former and even non-owners, are eager to own and use cryptocurrencies for making purchases in the future. As per the Cryptocurrency Payments Report May 2021, “12% of consumers (a projected 30 million) currently own one or more cryptocurrencies, 4.5% (11.5 million) have owned them in the past, and 17 million non-owners may acquire cryptocurrency to make purchases in the near future.”

Currently, crypto owners have spent their digital currency on making purchases of jewellery, grocery, online gaming/gambling, food delivery and even real estate. They would like to pay for retail products, travel, financial services, furniture and appliances and streaming services with cryptocurrency.

All they await is more merchants to open doors to cryptocurrency and start accepting the new mode of payment! So, merchants pay attention!

Here are 5 reasons why businesses should join this revolution and should consider accepting cryptocurrency:

1. Opening doors for new customers

Businesses can give their brand an instant facelift by accepting virtual currencies. It provides a cutting-edge image to the company, attracting new customers keen on spending cryptocurrency.

2. Lower fraud risk

Unlike credit cards, cryptocurrency is safe from chargebacks or fraud. The transactions processed with cryptocurrency usually cannot be reversed or cancelled, which means lesser chances of fraud.

3. Lower transaction fee

Businesses can potentially save a lot on the processing fees they usually pay on transactions using the traditional methods. With cryptocurrency, the processing cost will reduce even more if using the same blockchain crypto. Hence, businesses will eventually get a bigger slice of the profits.

4. Lesser trading risk

Cryptocurrencies are meant to pose smaller risks. The market fluctuations do not affect the value of your business when you are dealing in cryptocurrency.

5. Boundaryless payments

In this international market, especially in post-covid conditions, businesses can go global by accepting digital payments from anyone anywhere. Anyone having an internet connection can make a purchase without worrying about the exchange rates for currency conversions.


Cryptocurrencies have been gaining momentum and have caught the eye of one too many. This is one of the ways to stay ahead of the competition by taking on the forward-thinking opportunity.

Robert Kennedy College has recently become one of the merchants where one can pay with cryptocurrency. RKC offers a secure method to pay your course fees using Coinbase. Payment is accepted using Bitcoin, Ethereum, USD Coin and Litecoin.

Talk to one of our advisors on WhatsApp to know more about paying course fees using Coinbase.

5 easy steps to break free and get unstuck in your career!

Last week I talked about five reasons you feel stuck in your career. In my opinion, one spends considerable time developing their career and then working the job. And it is far from ideal if one keeps feeling stuck and unhappy in their jobs. Now, every problem has a solution. So here I present to you five easy steps to break free and get unstuck in your career:

1. Introspect, revaluate, and develop new skillsets

There is new competition and talent added to the job market every day. Fresh graduates and experienced professionals with unique skills dominate the workspace. It is but natural to feel that your skillsets have become outdated. Now is the time to do some introspection and reassess your skillsets. Start by writing down your skills, even those you use in your personal life. You may be surprised to discover that those skills you never thought could be helpful in the professional diaspora are actually useful. Also, keep learning and adding the latest qualifications to keep abreast of the competition. You can also upgrade your education to a Master’s degree by studying online with RKC.

Photo credit: Unsplash.com by Tim Mossholder

2. Move past the fear

You must come out of the shadow of fear. If talking to your supervisor about your career growth, new opportunities, or searching for new jobs instils fear of the unknown, then you are not pushing yourself and limiting your potential.

Learn to be outgoing and gather feedback from trustworthy colleagues about yourself. Make lists of pros and cons and identify the top things you fear most.

3. Evaluate your priorities

Photo credit: Unsplash.com

Money could have been your priority before. But when you have reached a point where the job does not offer any challenges and has become monotonous. Yes, we work to pay our bills. However, it might make better sense to be in a job that might pay slightly less but the one that you enjoy doing every day.

4. Better late than never

Often you might be given some promises by the management of an upcoming raise or promotion. You end up waiting for that performance review, bonus, or annual increment. Because you are comfortable and used to working in that position, you might want to wait for the decision and what’s in store for you. But instead of waiting (sometimes in vain), you should keep planning for the change and look for better opportunities.

5. Create a roadmap and manifest

Photo credit: Unsplash.com by Matt Duncan

You might be feeling stuck in your job because you don’t know what you want to do in the future. Without a goal, you might just be wasting your efforts. Try to channel your focus on what you want to do and grow your career. Invest sometime in yourself and research what areas might interest you. It might be time-consuming, but once you have a clear understanding, you will have a clear path and purpose.

I hope these five simple steps will help change your thought process and help actualise your dream career! Let me know your thoughts in the comments below.

“Focus on your key objectives in 2022” – Dean’s message for the New Year!

A new year means new resolutions. As we all fasten our seat belts and rush to achieve our newly formulated objectives, Prof. David Costa, Dean, Robert Kennedy College (RKC), advises to the contrary and suggests we take it slow. Dr Costa proposes not to get overwhelmed or distracted with a long list of resolutions but to focus on small and critical objectives to start with.

We have a great support system for our students at Robert Kennedy College. From highly qualified faculty to a world-class professional alumni network, you’ll know you made the right decision to study for your master’s degree with RKC. Join us today.

#DILO (A day in the life of) a master’s student – Anicet

We asked some of our past and current students to share their thoughts and opinions, to give their feedback on how they handled the challenges of online learning. Hopefully, this will help you to make an informed decision.

There is no better way but to learn from those who came before and see if what worked for them will help you become a better student!

An Introduction

Who are you, really?

I am Anicet.

Which Uni are you studying with?

University of Cumbria

Which programme did you choose and why?

Energy & Sustainability. Chose this to acquire skills and knowledge in environment impact assessments and protection.

The Study Plan

How did you plan to study each module, and what was the reality? How many hours did/do you have to put in each day/or in a week?

I took one module at a time. Depending on the volume of reading and assignments, spent on average 2 hours a day

What part of the day did/do you find most suitable to study? (e.g. early mornings, lunch break, evenings, weekends?)  

Early morning and lunch break

How much time did you devote to each assignment?  

Research, book/articles selection and reading, writing and reviewing took a lot of time. I would say on average 40 hours per week.

Photo credit: Canva.com

Travelling and Communication  

How did travelling impact your ability to study?  

Except the time seating on the plane, no major impact as long as I was connected to the Internet

How were you able to interact with peers and/or professors given the time differences?  

It was not a big deal since I spent most of the time in Kinshasa, DR Congo.

A typical day as a master’s student  

What does a typical day as an Online Masters’ student look like for you?  

Wake-up at 5:00 AM. Meditation, Gym and toilets till 6:40 AM. Breakfast at 7AM. Arrive at office at 8:30 AM. Stay at work till 6:00PM. Arrive at home at 6:25 PM. Diner at 8:00 PM and bed at 10:00PM

Photo credit: Canva.com

Any advice?  

Any advice you have for students to better plan their studies.  

Prepare and start reading materials/books ahead of time. Do not wait until last minute to work on your assignment. Avoid overloading oneself with many modules at a time.


I hope this blog has answered some of your questions, and please watch this place for similar blogs. So, if you have been thinking about doing a master’s degree and now understand how to study better for an online programme, look at our programmes and see if anything interests you.

You can also chat LIVE on WhatsApp with one of our Education Advisors for more information on all the programmes we offer, the application process, and answers to any questions you may have.

UoC’s MBA Leadership & Sustainability Academic highly commended as Master’s Teacher of the Year 2021

We take immense pleasure to announce that Dr. Sarah Williams, a Senior Lecturer in Leadership and Sustainability, has been highly commended in the category of Masters’ Teacher of the Year 2021 by findamasters.com. This was for her role as Module Leader in the Robert Kennedy College online residency module delivered by the University.  

In the judges’ view, “Sarah’s teaching has a global impact, and the judges agreed that this was reflected in the large number of students from around the world who supported Sarah’s nomination for this award.”    

A picture containing outdoor, tree, person

Description automatically generated
Dr. Sarah Williams

The University is incredibly proud of this achievement, and so is Robert Kennedy College. It highlights the calibre of academics working at the university and reflects positively on the partnership with Robert Kennedy College.  

One is known by the company they keep, and Robert Kennedy College is indeed in good company with some of the best teaching faculty. Have a look at profiles of our key faculty members  

Internationally Recognized  

The University of Cumbria received the University title and degree awarding powers from Her Majesty’s Most Honourable Privy Council in 2007. The University is fully recognised by the British Government and duly listed on the United Kingdom’s Department for Education list of recognised UK awarding institutions. Upon successful completion of the online Masters’ programme, you receive an Internationally recognised British degree from the University of Cumbria. Undertake the Master’s programme today, with complete confidence and faith that your Masters’ degree is accepted worldwide and has the highest level of recognition.  

For the details about this award: The award was run by https://www.findamasters.com/, a directory of worldwide Postgrad qualifications. The information on the awards is detailed at https://www.findamasters.com/events/awards/generic.aspx?bpid=7160

Value of an International degree

If you’re looking to pursue a Master’s degree and contemplating that an online course at an international university could be the right choice for you, then I’m sure you’re in the same shoes as our student ambassadors were before they started their Master’s programme with Robert Kennedy College. Have a look what they have to say after having completed their degrees:

 

“The quality of education is world class. The rewards of the programme both professionally and personally are amazing! The MBA programme was special because of the knowledge, values and experiences the international students brought with them which enriched the high level of academic training brought on by our professors. My advice would be to participate often in the class forums, ask questions and help others when they need assistance.”

Lew Figol, Chief Member Services Officer, Your Neighbourhood Credit Union

 

“When I enrolled with RKC my one aim was to achieve the Masters level Degree; however, I underestimated the value of the learning experience, which has been hugely rewarding and personally fulfilling. Further, as a result of the degree I have clearly improved the quality and quantity of my work output which has opened up new and exciting career opportunities. To be clear, obtaining your Masters is a lot of work but the rewards are well worth the effort.”
Christopher Gardner, Senior Project delivery manager, Metro Bank, MSc Financial Services Management

You are thinking of studying online but want to be sure that the degree you earn will be worth your effort.  Well, studying from a university in the UK offers you a world-class education, an internationally respected qualification, and outstanding career prospects.

Apart from the high quality and flexibility of an online programme at Robert Kennedy College, you will gain many benefits from the international exposure you will experience at an on-campus residency for a week where you will interact with people of other nationalities and cultures in an intensive learning environment.

 

The photo represents a truly international class at the Online MSc Programme

For employers, candidates with international experience offer a more rounded set of abilities. Even if such skills may be regarded by potential employers as ‘nice-to- have’ rather than essential, they can make all the difference between two otherwise similar candidates.

In short, it is imperative in today’s competitive business world to have an international degree proving to employers that you have necessary skills they demand. Apply now to gain an internationally recognised degree that can transform you and your career.

Check out all the programme information here: https://college.ch/catalogue?j=fbpagemt

 

 

Make the Most of Your RKC Experience

Graduate school programs such as an MBA can provide the advanced skills required to take a career to the next level. They not only offer academic knowledge but also peer interaction to test ideas, hone abilities and gain insights into one another’s strengths. Building and nourishing a strong academic network can form a valuable circle of influence to provide a pool of knowledge and sounding boards for challenging career moments. Academic networking can build upon the theoretical benefits of a graduate degree when applied within practical professional arenas for a lifetime of learning.

Robert Kennedy College (RKC) in Zürich, Switzerland, hosts and manages the online portion of master’s level programs. A notable advantage of the RKC combined online and residency program is the global network of professionals from several universities interacting in the online forums and Campus Café. With over 5,000 students from 130 different countries, the opportunity to build an international professional network is exceptional. These interactions are not only virtual; students also meet face-to-face while attending their residencies.

The Masters level programs bring mid- to senior- level professionals with wide ranging experience and geographical locations together. Within a traditional university, students are all living and working in the city or region. However, at RKC, students live and work in their home country, bringing their local perspectives into each discussion and lesson. Students learn how to effectively collaborate and achieve results within remote working groups. In an ever more international world, developing this flexibility is a unique skill.

Robert Kennedy College students and alumni are able to network with thousands of others opening access and creating career opportunities that otherwise may have been missed.

One example of such post academic business collaboration is Mircea Baldean, MBA, alumni from the University of Wales/Robert Kennedy College program and Carol Aebi, MBA, alumni from the University of Cumbria/Robert Kennedy College program. Carol and Mircea interacted through the RKC online forum then stayed connected after graduation. When Mircea was developing a new business idea, he tapped into his university network for validation and concept development, engaging Carol for her start-up strategic expertise. The two also partner with Gabriel, a Silicon Valley-based geospatial technologist, and their business MeetVibe, Inc. was founded. From Zurich to Toronto to San Francisco, the team works remotely but in a very cohesive and collaborative manner, a valuable skill developed through the RKC program.

RKC Alumni and MeetVibe founders – Mircea Baldean and Carol Aebi, joined by co-founder Gabriel Paun (left) at Web Summit 2017

Their app is the next evolution of social technology, creatively layering IoT interactions with market-validated social technologies into a unified platform. Last year they released the MeetVibe beta for iOS. Students from across programs joined in. Influences such as Asad Imam, Mohamud A. Verjee, Slobodan Bogovac, Joyce Njeri, and Jeremy Hewitt all provided guidance and spread the word. With a network of support, in January 2017 the beta for Android was released.

MeetVibe launched their business offer in July 2017 at the largest tech conference in Asia, and participated in the Web Summit, the biggest tech conference in the world held in Lisbon in November 2017.

Are you maximizing your professional networking opportunities and tapping into this talent pool?

It is not enough to simply collect a list of names or link social media profiles. Meaningful relationships extend beyond the online environment and are built with time and attention. Carol and Mircea’s MeetVibe app can help. Sign up today and share calendar availability and social media profiles with fellow students and alumni. Schedule a virtual meeting, call or get-together to develop valuable relationships.

Make the most of your RKC experience – build a global professional network to support your success!

Dean’s Message for the New Year 2018

Prof. Dr. iur. David Costa, Dean Robert Kennedy College, wishing all of our graduates, students: current and prospective, a very happy and successful New Year 2018. Encouraging everyone to start something new and achieve new goals.

Get inspired with the dean’s message:

 

So let your career take-off and achieve new heights this new year. Our one year online masters’ degree programmes combine quality British education with Swiss ingenuity. Download the catalogue here: https://college.ch/catalogue?j=fbpagemt

 

Sam John, MSc Marketing student shares his experience of Residency @ Salford

                                                                        My Residency….

Being married and having 2 boys… a teenager and a pre-schooler. I almost gave up on studying until I chanced upon RKC @ Salford online MSc programme. It seemed exciting and challenging enough yet manageable. I took the plunge…

I still remember the first assignment vividly … I almost broke down with a sudden realisation that this was a new ball game. Picked myself up and packed up some tools for the long road ahead.

Soon enough the year had gone by, having finished all my modules I was preparing for my Residency. I attended the program week       30 Oct – 3 Nov 2017 @ Salford UK, and what an experience it was!!! All of those who attended this residency were in more or less a similar situation not knowing what to expect. But the Salford team was wonderfully hospitable and the week was an eye-opener. I was just baffled why I didn’t do this much earlier. Our special thanks goes to the team of – A. Deen Eileen, Profs’ – Chris, Tahir, Jonathan, Rasool, Jacque & other staff at the reception desk @ Lady Hale for their guidance & the most courteous Taz from Salford catering team who took care of our global appetites.

We had a fantastic time studying and also having fun there – were able to catch a Man Utd match @ Old Trafford was a bucket-list fulfilment for me. Sightseeing was amazing, sessions with mates @ Uni and many more small but enriching moments. The Atmosphere (Uni Bar), streets, library, eateries, buffets around town @ South African, Brazilian & Chinese outlets – the week ran away too fast. We all went back with good memories and more importantly good friends for life. Keeping in touch is more meaningful as there is a face to the chat. We are helping each other now through the dissertation process. We even started a group naming it CAT – Cronbach Alpha Team (you will know the reason when you attend your Residency 😉 ). We all love to continue this relationship with Salford in our own countries and collaborate on all avenues to stay in touch with the Uni from home.

My own thought from the experience will be to urge fellow students to attend your Residency right after you complete your first module. This will definitely help in your following modules as the whole perspective to approaching your assignments and exams will change tremendously. It will give you the needed guidance and step by step methodology to finding literature, avoiding plagiarism, research tactics, results analysis & even survey strategies. This would certainly help to save time and energy given that most of you are employed full time and are running a family. The experience can improve many fold and so will the outcome!

One year is super-fast with this course to challenge you … Enjoy the journey… So ALL THE BEST GUYS!!!
Cheers!
Sam John.
https://www.linkedin.com/in/sam-john-7b21aa11a/