Sentences with phrase «open assets protocol»

The test used the Open Assets Protocol, a commonly deployed implementation of colored coins that provides an added layer of functionality to the bitcoin blockchain.
Colored coins» open assets protocol operates on top of the Bitcoin protocol, which enables users to mark Bitcoins as tokens for a variety of uses and assets.
Colored coins are part of an Open Assets Protocol, which means you can attach an additional value to bitcoins.
The notion of Open assets protocol or «Colored Coins» is associated with the idea that individual satoshis can be «colored» to represent a certain asset using the bitcoin blockchain.
The open assets protocol uses a Colored Coins wallet to create a bitcoin transaction that enables sending units of a certain asset from one address to another, and so on.
The Open Assets protocol aims to extend these capabilities to dozens of new applications including smart assets.
The Open Assets Protocol allows storing small amounts of metadata on the blockchain, which then can be used to securely represent and manage assets.
The Open Assets Protocol allows storing small amounts of metadata on the blockchain, which then can be used to securely represent and manage assets.
It is the first fully transparent, community - driven bitcoin cloud mining platform with support for smart assets build on the open assets protocol and a decentralized multi cryptocurrency wallet service.
The notion of Open assets protocol or «Colored Coins» is associated with the idea that individual satoshis can be «colored» to represent a certain asset using the bitcoin blockchain.
While the traditional cloud mining business model seems to be broken by the need for trust or third - party services, GetHashing introduces a whole new model of crowd cloud mining entirely built around the blockchain technology and the Open Assets Protocol.
Lombrozo has outlined multiple use cases of the Lightning Network, which is empowered by these new protocol changes, and Dorier noted how his own company, Metaco, will combine payment hubs with the Open Asset protocol to allow colored coins to be sent for free in an off - chain environment.
Bitcoin's open asset protocol (OAP) is designed for deploying non-currency assets on the public blockchain.
First announced last year as a proof of concept (PoC) built with bitcoin's open asset protocol, the project is now approaching a possible launch, CoinDesk has learned.

Not exact matches

As used herein, «Digital Currency» means a digital asset (also called a «cryptocurrency,» «virtual currency»), such as, but not limited, bitcoin or ether, which is based on a cryptographic protocol (s) of an electronic system that may be (i) centralized or decentralized, (ii) proprietary or open - source, and (iii) used as a medium of exchange and / or store of value.
The LBX opened in November 2017 primarily for over-the-counter (OTC) trades, an industry term for the exchange of large amounts of assets processed off - exchange, but has been on - boarding retail customers recently after further developing its own trading application in line with KYC / AML protocols.
«Bitcoin» — A type of a Digital Math - Based Asset based on an open source cryptographic protocol existing on the Bitcoin Network, and the assets underlying the Trust's Shares.
Wanxiang Blockchain Labs was instrumental in the creation of ChinaLedger, an alliance of regional commodity exchanges, equity exchanges and financial asset exchanges with the aim of creating «an open source blockchain protocol that developers can further build upon in the future.»
Melonport, a private company building the open - source Melon Protocol, a blockchain protocol for digital asset management has just announced a portfolio manager competition which aims to enable users to test the platform in a safe environment with play money on the Kovan Ethereum Protocol, a blockchain protocol for digital asset management has just announced a portfolio manager competition which aims to enable users to test the platform in a safe environment with play money on the Kovan Ethereum protocol for digital asset management has just announced a portfolio manager competition which aims to enable users to test the platform in a safe environment with play money on the Kovan Ethereum testnet.
The venture - backed firm is best known for iterating on top of the open - source bitcoin protocol with projects such as the Lightning Network and sidechains, the latter of which aims to allow users to send assets back and forth between blockchains «pegged» to bitcoin.
PO.ET or Proof of Existence 2.0 is a Bitcoin Blockchain protocol that establishes an open, universal and immutable ledger for managing the unalterable ownership, attribution and licensing of creative digital assets.
Colored Coins is an open source Bitcoin 2.0 protocol that enables developers to create digital assets on top of the Bitcoin blockchain.
Professional Experience Fox Asset Management (Red Bank, NJ) 6/2006 — Present Client Records / New Accounts Associate • Direct customer account records, new account generation, and customer service initiatives • Train and direct junior account associates ensuring compliance with company protocols • Craft detailed reports for senior leadership regarding client trends, revenue, and other data • Verify and prepare all documentation for monthly openings of 150 - 200 new accounts • Establish accurate hard copy files for 520 individual and 480 Institutional accounts • Verify new account inception values for 520 individual accounts by generating daily APL reports • Add 40 - 50 new individual accounts monthly to security database software system • Ensure timely and accurate updates of 1,200 institutional and 520 individual accounts • Implement new technologies, products, and procedures to improve company operations
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