A Proposed Unified Distributed Computing System Model Utilised by Emerging Technology Firms in Kenya

Abstract

Blockchain technology has the potential to revolutionize the financial services industry, providing secure and efficient ways for parties to conduct transactions without the need for intermediaries. However, the implementation of blockchain systems in practice can be complex and challenging. This is especially true for fintech firms in developing countries like Kenya, where infrastructure and regulatory challenges can make it difficult to implement and scale blockchain solutions. In this term paper, we propose a model and explore the use of unified distributed systems as a solution for implementing and scaling blockchain systems in the Kenyan fintech industry. A unified distributed system model which is a combination of multiple distributed systems that work together to provide a seamless and cohesive experience for users. By utilizing unified distributed systems, fintech firms in Kenya can overcome infrastructure and regulatory challenges, allowing them to fully leverage the benefits of blockchain technology.