The majority of cryptocurrencies such as bitcoin, dash, ethereum, ripple, and litecoin, have their own
underlying blockchain networks, with their respective node networks.
Fan Bao, the CEO of China Renaissance, said in an interview with CNBC that while bitcoin's market may be a bullish one, he believes that
underlying blockchain tech is more attractive and «probably the most disruptive technology... in the financial services industry.»
Pierce is a much sought - after speaker and faculty at the Singularity University where he regularly shares his views and opinions about developments of the crypto industry and
underlying blockchain architecture.
«We are still experimenting with our
own underlying blockchain because we'll have better control over transaction fees and confirmation times.»
The days of traditional banking are numbered given the steady growth of Bitcoin,
whose underlying blockchain technology promises to cut out the middleman — along with their outrageous fees — and help secure transactions using a distributed ledger system, resulting in decentralized transactions with relatively low fees.
In case you don't know what mining is, it is the process of solving the mathematical problems that
underlie the blockchain code over which these cryptocurrencies are built.
The marketing organization said it was interested in testing crypto's
underlying Blockchain technology for their finance operations and might use it for international payments.
Even though it appeared the bitcoin community reached a consensus in mid-July over improving
its underlying blockchain software, those improvements have yet to be put into effect, and another fork could occur in the future.
But when I don't understand what someone is saying, I just assume they're saying, «you know, I don't like bitcoin, but
the underlying blockchain technology...» I think I know how to say that in 20 languages now.
(Indeed, the popular sound bite outside of bitcoin lately is that the currency is less important than
the underlying blockchain technology behind it.)
While Jamie Dimon was making those comments, I was an invited speaker at JP Morgan's offices in San Francisco to give a talk with other fund managers and clients of JP Morgan who are really curious about cryptocurrencies and
the underlying blockchain technology.
Bitcoin may stay or Bitcoin may go, but what's definitely going to be with us is
the underlying blockchain technology.
The case was heard amid growing global interest in virtual currencies and
their underlying blockchain technology, fuelled by the ongoing boom in the price of bitcoin.
Some bitcoin investors believe the cryptocurrency, along with
the underlying blockchain technology, will be a vital part of a new, decentralized, post-government society.
«Whether it's using XRP, bitcoin or just
the underlying blockchain technology, our goal is to find the best projects and give them the resources to be successful companies that deliver value to customers for the long term.»
One issue is that although many of the big institutions are curious about how bitcoin's
underlying blockchain technology could revolutionize the financial sector, bitcoin isn't widely accepted as currency and has no intrinsic value.
Entrepreneurs have launched businesses built around Bitcoin and other cryptocurrencies and have also decoupled
the underlying blockchain technology from Bitcoin to develop new tools and services.
I just enjoyed geeking out with bitcoin as a side project because I was fascinated in
the underlying blockchain + applied cryptography aspects of it.
Interestingly, both Bernanke and Dimon seem to recognize the value in
the underlying blockchain technology that supports cryptocurrency.
Despite our concerns about bitcoin,
its underlying blockchain technology has merit — particularly its ability to reduce financial - transaction costs
Despite our concerns about bitcoin,
its underlying blockchain (or distributed - ledger) technology clearly has potential merits — not least of which is blockchain's ability to reduce significantly the costs of verifying transactions and networking.
While the spotlight has shone on the dramatic highs and lows of the various cryptocurrency markets like bitcoin, the existing big banks have been making great strides with their ideas for
the underlying blockchain technology.
This underlying Blockchain network is widely considered to be the future of payment systems.
Despite the clandestine nature of some of their uses, cryptocurrencies have seen ballooning values, thanks to
the underlying blockchain technology that drives their production.
It's precisely this method which may very well be anticipated, as IMF Chief Christine Lagarde shared that «bitcoin and
its underlying blockchain technology could transform the way people save and invest.»
From the beginning I was interested in Bitcoin and
its underlying blockchain technology.
As indecisiveness as the interview was on the definition and future regulatory status of Bitcoin, the Chairman did say that in his mind Bitcoin and
the underlying blockchain technology came hand in hand.
While Bitcoin is unlikely to dislodge paper money, its greatest legacy would be the benefits of
the underlying blockchain technology to the security of banks and the integrity of the financial system — which remain closely intertwined.
Whatever the current state of bitcoin is, interest in
the underlying blockchain technology continues to grow outside of the crypto world.
The underlying blockchain know - how in distinction to that's impenetrable as of now.
The article gave an overview of how to use bitcoin, bitcoin's volatility, the need for a bitcoin wallet, the basics of
its underlying blockchain technology, and the need to stay up to date with new developments.
It's exactly this approach which could be expected, as IMF Chief Christine Lagarde shared that «bitcoin and
its underlying blockchain technology could transform the way people save and invest.»
Not for investment purposes — but to appreciate
their underlying blockchain technology.
MasterCard is not keen on Bitcoin or digital currencies — for now, but
the underlying blockchain technology could be of great value to them.
This untangling has allowed other players into the cryptospace by ubiquitously adopting
the underlying blockchain software as a platform for their own applications.
Ether's rise in value over the 2 years is attributable to the Ethereum blockchain functionality featuring smart contracts, Dapps, and DAO among others that enable developers to build multiple applications on
the underlying blockchain protocol.
CoinJanitor burns the coins it bought and
underlying blockchains are disabled.
cryptocurrency and
the underlying blockchain technology have the ability to upend power structures as we currently know them in nearly every data - heavy industry from banking to transportation to energy production to healthcare records to logistics to government itself.
This will result in the improvement of the performance of
the underlying blockchain — as without it many blockchains suffer from not having enough full nodes and thus, not enough computing power.
Finance giants like CME and CBOE are bringing bitcoin into mainstream trading markets, and big businesses are looking into other uses for
the underlying blockchain tech.
But it is important to recognize that while blockchain makes it possible, Bitcoin does not convey ownership rights in
the underlying blockchain technology.
Professors and students are now aware that having knowledge of cryptocurrency and
its underlying blockchain technology is vital for forging a career in finance and business.
The underlying blockchain technology has immense potential.
What's more, taking into account that we are still at the beginning of cryptocurrency evolution, the development of new features that enhance functionality is crucial for the potential of
the underlying blockchain technology to be realised.
Dimon differentiated between the bitcoin currency and
the underlying blockchain technology, which he said can be useful.
Phrases with «underlying blockchain»