Sentences with phrase «applied use of blockchain»

Governments all over the world have conflicting views on the applied use of blockchain technologies in traditional governmental systems.

Not exact matches

There's no doubt that blockchain will play a role in the future of identity management, but the extent to which it is used will depend on our ability to think beyond our current solution set and apply emerging technologies to build a secure and compliant user experience.

Analytics are going to play more and more of a function in deciphering huge quantities of data, making sense of it, applying it into many different areas and then using blockchain technologies to securitize that.

The proposed legislation would apply to three different types of distributed ledger technology platforms: private networks for internal use within a company, private networks that are accessible to certain entities outside the company that deployed them, and public blockchains.

He added, «We are striving to advance our product by partnering with Samsung SDS, CISCO and others to apply blockchain to a wide range of industries in the future, beyond existing uses such as bonds, promissory notes and points within the financial sector.»

CEO of Blocko Inc., Won - Beom Kim, states, «We are striving to advance our product by partnering with Samsung SDS, CISCO and others to apply blockchain to a wide range of industries in the future, beyond existing uses such as bonds, promissory notes and points within the financial sector.»

However, as Finextra points out, the hype cycle is calming down as bankers and financial institutions come to recognize that blockchain is best applied to use cases such as cross-border payments, where the risk of relying on outdated technology outweighs hesitance to try a new solution.

There is the permission list — bitcoin, Ethereum, public blockchains — and then there is a whole other ecosystem where established financial institutions, kind of the traditional market if you want to think about it that way, is trying to apply this technology but in a different way using private networks where you don't need the same trust because these banks will know each other.

On the question of ICOs, or the sales of cryptographic tokens commonly used to bootstrap a new blockchain network, the central bank outlined a number of national laws that could apply - depending on the characteristics of the project and the function of the token itself.

Analytics are going to play more and more of a function in deciphering huge quantities of data, making sense of it, applying it into many different areas and then using blockchain technologies to securitise that.

To curb the challenges with the use of blockchain, Africuna will apply the Consensus algorithm - byzantine general problem that's capable to solve a couple of blockchain problem.

Another neat aspect of blockchain that applies to sports betting is the use of smart contracts.

With previous coworking space experience, we turned what used to be a cost into an investment, showing the power of applying blockchain to new industries,» comments Dmitry Faller, CEO at Primalbase.

It's that kind of concept - using blockchain data to prove ownership of something at a particular point in time - that is applied in Decentraland, which uses its own blockchain network.

By using the blockchain's security and immutability as advantages, as well as the universal character of the PeerAssets protocol, Indicium plans to apply index trading to the world of cryptocurrencies.

According to Hongfei, the Antshares team's vision is to make Onchain a universal blockchain framework, which would make use of different plug - in modules that could be applied to any broad category of blockchain including public chains, consortium chains, and private chains.

And blockchain tech, which has been applied for the first and now most popular cryptocurrency, is now being explored for all sorts of different uses.

Now, the innovators in the ecosystem seeking to apply blockchain technology for use by financial incumbents are showing the first signs of a similar frustrations.

Investing in applied Blockchain is part of our commitment to using digitization to create value in our core businesses and develop new business models.»

It is the next major use case for Blockchain, which is not fundamentally a financial technology but can be applied far beyond the popular use cases of peer - to - peer currencies like bitcoin, and the more recent but controversial phenomenon of ICOs or Initial Coin Offerings.