Blockchain Proposed Solution Involves Smart Contract


Blockchains

Blockchain will now be use for electronic commerce transaction. Besides Blockchain, their proposed solution involves “smart contracts” and game theory.

Bhaskar Krishnamachari, Professor at Viterbi School of Engineering, University of Southern California, the US said that the blockchain scheme orders potentially a big improvement over the state-of-the-art in electronic commerce because it allows buyers and sellers to interact directly with each other without the need for third-party mediators of any kind,” said Bhaskar Krishnamachari, Professor at Viterbi School of Engineering, University of Southern California, the US.

“It uses a dual-deposit method, escrowing a safety deposit from both buyer and seller that is returned to them only when they behave honestly.

Blockchains allow multiple stakeholders to transact money or data virtually over linked peer-to-peer computer networks.

The system that allows buyers and sellers to interact directly can make e-commerce platform for digital goods “cheat proof” and the products cheaper, says a study by India-origin researchers.

The verification of who is at fault and who is honest is done automatically by the smart contract,” added Krishnamachari. This “smart contract” stores a good’s digital hash code or “digital fingerprint”.

FIRS will Commence Online VAT Payments



Chairman of the FIRS, Mr Babatunde Fowler, revealed that FIRS (Federal Inland Revenue Service) will soon commence the collection of Value Added Tax (VAT) through online portal. He stated this when he was interviewed from reliable source.

Mr Fowler said: “soon, we will ask banks to impose VAT on online transactions for purchases of goods and services. Not that it is something new; it actually should be in existence. We will certainly follow up to make sure that every VAT that is due to be collected is collected.”

He explained that the move was part of measures by FIRS to meet its N8 trillion revenue target for 2019.

Mr Fowler further said that the agency had started taking action against companies and businesses that refused to embrace the Federal Government’s tax amnesty programme.

According to him, FIRS hopes to generate between N750 billion and N1 trillion from the clampdown, which includes closure of defaulters’ bank accounts.

“We are going after everybody. I am sure you have heard that we have placed lien on some accounts of defaulters that have a billion naira turnover annually. So certainly, we are not leaving anyone out of the tax net,” he said.

The Benefits of Elect

The benefits of the elect are innumerable, but we will be reflecting on just one of these today, which is the benefit of answered prayers. Who are the elect in the first place? Isaiah 42:1a says,

“Behold my servant, whom I uphold; mine elect, in whom my soul delighteth;…….”

The elects are those with whom the Lord is well pleased. How does one become an object of God’s pleasure? The Holy Spirit answers that question in Psalm 147:11, where He says:

“The LORD taketh pleasure in them that fear him, in those that hope in his mercy.”

Because God has given freewill to every person, we all have a role to play to be numbered among His elect. Whether people believe it or not, God has His favorites. You can choose to be one of His favorites by fearing Him and willing to walk in His ways. As a man, Jesus Christ was a favorite of God because He willingly offered Himself to do God’s will (Hebrews 10:5, Philippians 2:5-11). Therefore, in Matthew 3:17, God declared concerning Him:

“This is my beloved Son, in whom I am well pleased.”

No wonder Jesus Enjoyed the benefit of answered prayers to the maximum when He was in the flesh. In John 11:41c-42, He said at the tomb of His friend Lazarus:

“Father, I thank thee that thou hast heard me. And I knew that thou hearest me always: but because of the people which stand by I said it, that they may believe that thou hast sent me.”

Proverbs 15:29 tells us that the Lord hears the prayer of the righteous. Righteousness is a gift of grace that we receive through faith in Jesus Christ (Romans 3:22, Romans 5:17). Faith is required to obtain the righteousness of God which qualifies us to be numbered among His elect. This issue of faith is so important if we are to enjoy the benefit of answered prayers, so much s that when Jesus taught on the place of persistence in prayer, He asked this question in Luke 18:8b

“ Nevertheless when the Son of man cometh, shall he find faith on the earth?”

This question needs an individual response from everyone.

Beloved, you need to be one of God’s elect if you want your prayers to be answered. God listens to the cry of the elect and responds positively to their requests. You can enjoy this benefit if you give your life to Christ today and continually live by faith in His word.

KEY POINT:
The Good Shepherd only recognizes the voice of His sheep. If your prayers go unanswered, it’s time for you to check your life and your faith.
The LORD is far from the wicked: but he heareth the prayer of the righteous. Proverbs 15:29

READ: Luke 18:1-8

1And he spake a parable unto them to this end, that men ought always to pray, and not to faint;

2 Saying, There was in a city a judge, which feared not God, neither regarded man:

3 And there was a widow in that city; and she came unto him, saying, Avenge me of mine adversary.

4 And he would not for a while: but afterward he said within himself, Though I fear not God, nor regard man;

5 Yet because this widow troubleth me, I will avenge her, lest by her continual coming she weary me.

6 And the Lord said, Hear what the unjust judge saith.

7 And shall not God avenge his own elect, which cry day and night unto him, though he bear long with them?

8 I tell you that he will avenge them speedily. Nevertheless when the Son of man cometh, shall he find faith on the earth?

BIBLE IN ONE YEAR
Exodus 31-32
Jeremiah 38:1-13

HYMN 8
MY FAITH LOOKS UP TO THEE
My faith looks up to Thee,
Thou Lamb of Calvary,
Savior divine!
Now hear me while I pray,
Take all my guilt away,
Oh, let me from this day
Be wholly Thine!

May Thy rich grace impart
Strength to my fainting heart,
My zeal inspire!
As Thou hast died for me,
Oh, may my love to Thee
Pure, warm, and changeless be,
A living fire!

While life’s dark maze I tread,
And griefs around me spread,
Be Thou my guide;
Bid darkness turn to day,
Wipe sorrow’s tears away,
Nor let me ever stray
From Thee aside.

When ends life’s transient dream,
When death’s cold, sullen stream
Shall o’er me roll;
Blest Savior, then in love,
Fear and distrust remove;
Oh, bear me safe above,
A ransomed soul!

REFERENCE
OPEN HEAVENS DAILY DEVOTIONAL BY PASTOR E.A ADEBOYE

Three Important Facts For A Soul Winner

The three important facts for a soul winner are first is clarity, secondly, conviction; thirdly, possession! As Christians, we’re all in the ministry of reconciliation; we’re called to win souls. As soul winners, there’re certain requirements necessary for an effective ministry in leading men to Christ.

First is clarity; clarity of the message that you preach. You must understand the message of Christ, first for yourself, because you can’t communicate to someone else something you don’t understand. You can’t bless someone else with something that you haven’t been blessed with. You can only give what you have; and so, a good understanding of the Gospel is imperative.

Secondly, conviction; there has to be absolute conviction in your spirit about Christ and the salvation that He brought for the whole world. You must become fully persuaded of His message, of His person, and of His mission.

The Apostle Paul in Romans 1:16 expressed a profound note of conviction. He said, “For I am not ashamed of the gospel of Christ: for it is the power of God unto salvation to every one that believeth….” His persuasion was absolute: there’s no other way for salvation except Jesus Christ! There’re no options.

He also said, “…for necessity is laid upon me; yea, woe is unto me, if I preach not the gospel!” (1 Corinthians 9:16). You can only make such a statement when you’re fully persuaded; when you know without an iota of doubt that the only way to life and for life is Jesus Christ, who is Himself LIFE.

Thirdly, possession! As a soul winner, you must have full possession of truth. You may be convinced of something, but it’s not enough. That truth must become yours.

The Lord Jesus said in John 6:47, “Verily, verily, I say unto you, He that believeth on me hath everlasting life.” The one who believes is a possessor. You must be in possession of the truth that, as a soul winner, you have eternal life, and that’s what you’re dispensing to others. You’re “living” eternal life now.

Arm yourself with these truths as you go about your soul-winning work, and you’ll be a more effective minister of reconciliation.…he that winneth souls is wise (Proverbs 11:30).

PRAYER
Holy Father, thank you for equipping me with this important information on how to be a successful soul winner. I receive your instructions with meekness, and declare that my soul-winning efforts are taken to a new and higher level of glory, success and productivity, as I put your Word to work, in Jesus’ Name. Amen.

FURTHER STUDY:
Mark 16:15 And he said unto them, Go ye into all the world, and preach the gospel to every creature.

|| Daniel 12:3 And they that be wise shall shine as the brightness of the firmament; and they that turn many to righteousness as the stars for ever and ever.

DAILY SCRIPTURE READING

1-Year Bible Reading Plan
John 8:31-47 & 1 Kings 22

2-Year Bible Reading Plan
Mark 11:1-11 & Numbers 21

REFERENCE:
RHAPSODY OF REALITIES DAILY DEVOTIONAL

It Pays To Serve The Lord

How great our joy will be when we realize the blessings that come from serving the Lord God our Maker! The fact remains, God created man in order to bless him. Only few parents, if any at all, would want to have children so that those children can feed them. As a matter of fact, good parents prepare treasures for their children to inherit. It earthly parents can do this; how much more would the Almighty God prepare treasures for His children? We see this character of God in Genesis 1, where He created all the good things of life before creating man. In addition, God created mankind in order to walk in partnership with him. He created Adam and gave him a garden to dress. This garden served as a place where they fellowshipped together as partners.

In the encounter between Jesus Christ and Peter recorded in today’s Bible reading, God further demonstrates His desire for partnership. Jesus engaged Peter’s services as He preached to the multitude at the lake of Gennesaret, and when He was done, He rewarded him with an unprecedented catch of fish. This is what our Lord can do for whoever chooses to serve Him. When the Lord called me into His service on full-time basis, little did I know how much He would bless me for answering His call. Today, if anyone ask me how I feel about working for God, I will simply tell the fellow, “It pays to serve the Lord.” Beloved, are you in doubt as to whether or not you should serve God? Perhaps you don’t even know how to serve Him. To serve the Lord you must first believe in Jesus Christ (John 6:28-29). Those who choose to serve God must come to Jesus by answering the call He made to all mankind in Matthew 11:28-30, and begin to learn of Him. You cannot render service to God anyhow because He has an acceptable way of serving Him. His word says in Romans 12:1:

“I beseech you therefore, brethren, by the mercies of God, that ye present   bodies a living sacrifice, holy, acceptable unto God, which is your reasonable service.”

Jesus served God acceptably when He was here on earth, and that is why you should learn of Him. When you follow the example of His service, you can be sure you are serving God acceptably. In today’s memory verse, the Lord gives a mouth-watering assurance of our reward when we serve Him diligently. This reward cuts across both the temporal and the eternal. It is indeed rewarding to serve the Lord. I am a living testimony of this, and you can be also.
MEMORISE:
And every one that hath forsaken houses, or brethren, or sisters, or father, or mother, or wife, or children, or lands, for my name's sake, shall receive an hundredfold, and shall inherit everlasting life. Matthew 19:29

READ: Luke 5:1-7

1And it came to pass, that, as the people pressed upon him to hear the word of God, he stood by the lake of Gennesaret,

2 And saw two ships standing by the lake: but the fishermen were gone out of them, and were washing their nets.

3 And he entered into one of the ships, which was Simon's, and prayed him that he would thrust out a little from the land. And he sat down, and taught the people out of the ship.

4 Now when he had left speaking, he said unto Simon, Launch out into the deep, and let down your nets for a draught.

5 And Simon answering said unto him, Master, we have toiled all the night, and have taken nothing: nevertheless at thy word I will let down the net.

6 And when they had this done, they inclosed a great multitude of fishes: and their net brake.

7 And they beckoned unto their partners, which were in the other ship, that they should come and help them. And they came, and filled both the ships, so that they began to sink.


PRAYER POINT:

Father, please help me to serve You acceptably, and help me not to miss my reward here and hereafter.

BIBLE IN ONE YEAR:  Exodus 29-30 Jeremiah 37

HYMN 10: I HAVE DECIDED TO FOLLOW JESUS

I have decided to follow Jesus;
I have decided to follow Jesus;
I have decided to follow Jesus;
No turning back, no turning back.

The world behind me, the cross before me;
The world behind me, the cross before me;
The world behind me, the cross before me;
No turning back, no turning back.

Though none go with me, still I will follow;
Though- none go with me, still I will follow;
Though none go with me, still I will follow;
No turning back, no turning back.

My cross I’ll carry, till I see Jesus;
My cross I’ll carry, till I see Jesus;
My cross I’ll carry, till I see Jesus;
No turning back, no turning back.

Will you decide now to follow Jesus?
Will you decide now to follow Jesus?
Will you decide now to follow Jesus?
No turning back, no turning back.

REFERENCE: OPEN HEAVENS DAILY DEVOTIONAL BY PASTOR E.A ADEBOYE

Massimiliano Allegri Leaves Juventus By The End of 2018/19 Season

Massimiliano Allegri


Massimiliano Allegri the head coach of Jeventus football club will be leaving by end of 2018 to 2019 football season. This due to the fact that he had failed to win the champions title for club. The Bianconeri and the 51-year-old are set to part ways in the summer.

A statement from a notable source says thus;

"Massimiliano Allegri will not sit on the Juventus bench in the 2019 to 2020 season."

In this regard, two finals have been reached during Allegri's five-year spell at the club and the arrival or Cristiano Ronaldo in the summer was seen as the final piece of the puzzle required for the Old Lady to go all the way.

In the consequent of the above,  the Italian boss' future has been in question since being dumped out of the Champions League at the hands of Ajax, with the Italian champions having been firmly among the favourites to lift the crown.

However, No statements have been made by either party as to where Allegri - who has won five Scudetti, four Coppa Italia trophies and two Supercoppa Italiana titles during his time in Turin - will end up next season.

Indian Plans to Visit The Moon For the Second Time

Rocket

Indian is visiting the moon for the second time this was uttered by Indian Space Research Organisation (ISRO). The agency later said that all the modules are getting ready for Chandrayaan-2 launch during the window of July 9 to July 16, 2019, with an expected Moon landing on September 6, the space agency had said earlier this month.

"Thirteen Indian payloads (8 on orbiter, 3 on lander and 2 on rover) and one passive experiment from NASA," ISRO said in a mission update, but did not specify them or their objective. The spacecraft with a mass of 3.8 tonnes has three modules - Orbiter, Lander (Vikram) and Rover (Pragyan).

The orbiter will orbit 100km from the lunar surface, while lander (Vikram) will do the soft landing near the south pole of moon, and Rover (Pragyan) will conduct in-situ experiments. The orbiter and lander modules will be interfaced mechanically and stacked together as an integrated module and accommodated inside the GSLV MK-III launch vehicle, ISRO has said, adding the rover is housed inside the lander.

After launch into earth-bound orbit by GSLV MK-III, the integrated module will reach Moon orbit using orbiter propulsion module, and subsequently, lander will separate from the orbiter and soft land at the predetermined site close to lunar South Pole.

Further, the rover will roll out for carrying out scientific experiments on the lunar surface, ISRO has said, noting that instruments are also mounted on lander and orbiter for carrying out scientific experiments.

UEFA Investigators Want Manchester City To Be Banned From The Champions League For A Season


The UEFA (Union of European Football Associations ) investigators want Manchester City to be banned from the Champions League for a season if they are found guilty of breaking Financial Fair Play (FFP) rules.

Chief investigator Yves Leterme has made his recommendation but it is not known if he supports a ban.

City said "the accusation of financial irregularities remains entirely false".

Former Belgian prime minister Leterme, chairman of the investigatory panel of Uefa's independent financial control board (CFCB IC), his team looked at evidence first uncovered in a series of leaks published by German newspaper Der Spiegel last year.

The reports alleged that City broke FFP regulations by inflating the value of a multimillion-pound sponsorship deal. City were fined £49m in 2014 for a previous breach of regulations.

Uefa said Leterme, "after having consulted with the other members of the independent investigatory chamber", decided "to refer Manchester City FC to the CFCB adjudicatory chamber following the conclusion of his investigation".
In their reactions Manchester City say they are "disappointed, but regrettably not surprised" after being referred to Uefa's financial control body adjudicatory chamber.

Governor Akeredolu Urges Federal Government to Focus Into Medicinal Cannabis Industry -Sani Reactions

Governor Akeredolu had urged the Federal Government to beam focus into the medicinal cannabis industry as parts of measures to diversify the country’s economy. But in reaction, Sani pleaded with Akeredolu to invest the state’s resources in something more meaningful than the proposed Indian hemp farm.

Akeredolu said Ondo State, which is known for its fertile land for the cultivation of cannabis will make judicious use of the Thailand’s program, which he said is centred around exploiting the possibility of medicinal cannabis.

However, Sowore in a response to Sani’s tweet, asked the Sani if he was aware that he could benefit from hair products locally made from the cannabis.

“I hate to stand between two Nigerian politicians engaging asinine argument but I am disappointed in you for this tweet.

“Have you ever thought of it that when this idea finally gains legal ground your Afro hair could benefit from a locally produced line of cannabis hair products?” Sowore tweeted.

Responding to Sowore, Sani on his Twitter page wrote: “My Friend @YeleSowore, my hair doesn’t need that marijuana to glow. “I wish you, Governor Akeredolu and Majek all the best ;if you succeed, then you are right. When we meet we shall debate it.”

Nigerian Military Dissociates Itself from A Documents For Dissolution Of Buharia's Administration

The Nigerian military recently dissociated itself from a document calling for dissolution of the President Muhammadu Buhari administration. According to the report, the document is currently being circulated within the country, the document also advocated for the setting up of an interim government.

Reacting in a press statement, to the development, MURIC, through its founder and Director, Professor Ishaq Akintola, described the document as illegal and provocative.

The group explained, “This is unacceptable. It is irritating, preposterous and ludicrous. How can any sane individual or group be calling for a military coup d’etat in 21 century Nigeria? It is anachronistic. We have no doubt that it is the handiwork of unpatriotic and unscrupulous elements. “They will fail. They will fail because the Nigerian people are solidly behind President Muhammadu Buhari. The people have spoken.

“They spoke loudly with their votes when they elected the incumbent again for the second term. It is desperation that is pushing some people to come up with this crazy idea. “We have no iota of doubt that this document came from the corruption camp. They are bitter. They are frustrated.

“They want it to be business as usual but they have seen that Buhari means business. Now they want to get by the bends what they failed to get by the straight. For them it has always been by hook or by crook.

“President Buhari has inspired Nigerians and the latter have taken the cue. Nigerians have seen transparency, probity and accountability under Buhari. Modern trains are all over the place."