Sentences with phrase «as a medium of exchange for»

The same tokens will also be used as the medium of exchange for consumers looking to purchase ticketing for entertainment events.

«Bitcoin offers tremendous benefits as a medium of exchange for both our domestic and international customers.

Today, we use the system of «fiat money» which says that currency is intrinsically worth only the paper it is printed on is is used only as a medium of exchange for the supply and demand of goods and services in an economy, including precious metals like gold and silver, with the value of money allowed to fluctuate based on market forces.

The VLR token will be used as a medium of exchange for within the valorem platform.

In the announcement ADGM acknowledges the global demand for digital currencies, stating that «virtual currencies, although not legal tender, are gaining interests globally as a medium of exchange for goods and services.»

BITCF chose USDT as a medium of exchange for speculators to acquire ALT since it is the most actively traded Omni asset with tens of millions of coins in daily volume, trading in 11 currencies on Poloniex cryptocurrency exchange, as well as many other exchanges such as CoinQX and OMNIDEX exchanges.

The Abu Dhabi Global Market acknowledges the global demand for digital currencies, stating that: «virtual currencies, although not legal tender, are gaining interests globally as a medium of exchange for goods and services.»

Not exact matches

But in an interesting twist, a developer who was hired by Reddit to work on the idea of a «crypto - currency» — a form of Bitcoin that users could receive in exchange for contributing content, or as a way of distributing some of the shares that were issued in the site's fundraising round — said in a post on Medium that he was working on a plan to de-centralize Reddit in just this way before he was let go.

The reason for this hard fork is down to the developers wanting to keep improving this digital currency as a medium of exchange.

At only two pages, the concise bill is not very substantive, save for a brief classification of «virtual currency» as «any type of digital representation of value that; 1) Is used as a medium of exchange, unit of account or store or value; and 2) Is not recognized as legal tender by the United States government.»

As investor Salil Deshpande of Bain Capital Ventures describes it in a new Medium post about the outfit, this last scenario alone is a huge opportunity, given that «regulatory, tax and legal issues make it onerous and costly for cryptotraders to trade with fiat, and many crypto exchanges do not even offer the ability to use fiat.

Not sure what to conclude — different people will come to different answers, but in my mind the use of cryptos as a medium of exchange is for a limited set of economic activity.

There have been plenty of cryptocurrencies over the years, and they have all exhibited potential for storing value, operating as a unit of account and proving a reliable medium of exchange.

In order for currency on a scale such as local community currencies or loyalty points to be linked to other currencies, there is a need for a method to provide a medium of exchange that allows for the difference in scale.

As long as people have trust that they can exchange it for goods and services, then it just becomes another medium of exchangAs long as people have trust that they can exchange it for goods and services, then it just becomes another medium of exchangas people have trust that they can exchange it for goods and services, then it just becomes another medium of exchange.

Digital currency or digital money is an Internet - based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer - of - ownership.

The Rock Token (RKT) is the currency of choice for transactions, listings and a multitude of functions, serving as the medium of exchange and the utility coin that powers the GBX - GSX ecosystem.

In November 2016, the IDFPR published its request for comments on its proposed «Digital Currency Regulatory Guidance,» which defined digital currencies as «an electronic medium of exchange used to purchase goods and services.»

cryptography world and cryptocurrenciesA cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography.

To accomplish that, the bill adds a definition of virtual currency to the state's money services statute (8 V.S.A. § 2500 et seq.): «stored value that (A) can be a medium of exchange, a unit of account, or a store of value; (B) has an equivalent value in money or acts as a substitute for money; (C) may be centralized or decentralized; and (D) can be exchanged for money or other convertible virtual currency.»

Language, like money under inflationary conditions, loses its value as a medium of exchange when issued in excessive quantity and without regard for the real assets underlying it.

Table 1: Selection, Design & Construction of HSV - based Oncolytic Viruses Table 2: Selection, Design & Construction of Adenovirus - based Oncolytic Viruses Table 3: Selection, Design & Construction of Vaccinia Virus - based Oncolytic Viruses Table 4: Selection, Design & Construction of Vesicular Stomatitis Virus - based Oncolytic Viruses Table 5: Selection, Design & Construction of Newcastle Disease Virus - based Oncolytic Viruses Table 6: Selection, Design & Construction of Various Virus - based Oncolytic Viruses Table 7: Current Company - Sponsored Clinical Trials of T - Vec Table 8: Clinical Trials of ColoAd1 Table 9: Clinical Trials with JX - 594 Table 10: Clinical Trials with GL - ONC1 Table 11: Clinical Trials of CAVATAK (CVA21) Table 12: Clinical Trials with MV - NIS Table 13: Overview of Oncolytic Viruses by Development Phase & Virus Family Table 14: Profile of Approved and Marketed Oncolytic Viruses Table 15: Pivotal Study Design of Oncolytic Viruses in Late Stage Development Based on Previous Clinical Results Table 16: Approved Indications of Immune Checkpoint Inhibitors Table 17: Active Clinical Studies of Oncolytic Viruses in Combination with Immune Checkpoint Inhibitors (ICI) Table 18: Planned Clinical Studies of Oncolytic Viruses in Combination with Immune Checkpoint Inhibitors (ICI) Table 19: Active or Planned Clinical Studies of Oncolytic Viruses in Combination with Other Anti-Cancer Therapeutics Table 20: Pattern of Transgenes in Oncolytic Viruses in Relation to Development Phase Tables 21a and 21b: Indications and Frquency and Way of Administration of Oncolytic Viruses in Active and / or Positive Completed Clinical Studies Table 22: Small and Medium Pharma & Biotech as Partner for Regional Co-Development of Oncolytic Viruses Table 23: Immuno - Oncology Portfolio of Major Pharma & Biotech with Interest in Oncolytic Viruses Table 24: Interests of Major Pharma & Biotech in Oncolytic Viruses Table 25: First Generation Oncology Virus Companies and their Sources of Technology Table 26: Second Generation Oncology Virus Companies and their Sources of Technology Table 27: Third Generation Oncology Virus Companies and their Sources of Technology Table 28: Fourth Generation Oncology Virus Companies and their Sources of Technology Table 29: Grants, Credits & Donations Table 30: Financing by Venture Capital, Private Equity and Other Private Placements Table 31: Collaboration & Licensing Agreements Table 32: Companies Listed on Stock Exchange & Offerings Table 33: Mergers & Acquisitions

Money is a medium which can be exchanged for goods and services and is used as a measure of their value in the market.

There is really no economic or financial justification for that as gold and fiat currencies have the value that is ascribed to each as a medium of exchange.

Stock exchange on the other hand can be defined as an organization or institution that provides a medium for the buying and selling of stocks, bonds, or other securities.

The former use of Uang Kepeng as a medium of exchange in Bali has played a central role in the vitality of Balinese culture, religion, society, governance and economy, and therefore should be re-issued as a complementary medium of exchange to meet present concerns about cultural degradation and demands for an increased supply of Uang Kepeng that is valuable to the people and supports the elements of Balinese culture.

For Hanson and Schmidhofer, landscape is a dynamic subject through which they live, move and exist, but also a medium that is itself in motion from one place or time to another, circulating as a place of exchange, a site of visual appropriation, and a focus for the formation of identiFor Hanson and Schmidhofer, landscape is a dynamic subject through which they live, move and exist, but also a medium that is itself in motion from one place or time to another, circulating as a place of exchange, a site of visual appropriation, and a focus for the formation of identifor the formation of identity.

The 2018 Creative Exchange highlights artists in every medium — including writers, performing artists, and visual artists — and features outstanding speakers on an array of topics as well as plenty of time for networking.

Here, political speech is for sale: buttons, stickers, iron - on patches — the sort of throwaway objects historically distributed as part of a grassroots medium of exchange.

Replicating the natural environment of a plant inside of a house or apartment can be challenging, as growers need to be able to replace the growth medium (for the roots to be in), the system for feeding them (fertilizing), the ventilation or air exchange system, and the sunlight itself.

The grea [t] ambition for the Internet as a communicative medium is that it can facilitate not only access to information and data but also the possibility of narrative exchange and collective will formation — the opportunity to become informed, to argue and to reach reasoned and rational positions which might become part of a public sphere consensus.

Analyzing Lessig's take on the differences between commercial economies and sharing economies, Johnson summarizes that «friends do favors for one another in a sharing economy, and corporations and customers use cash as the medium of exchange in a commercial economy.»

In light of this consensus as to the term's ordinary meaning, the Court concludes that «funds,» for the purposes of § 1960, means pecuniary resources, which are generally accepted as a medium of exchange or a means of payment.

In some environments, it operates like «real» currency — i.e., the coin and paper money of the United States or of any other country that is designated as legal tender, circulates, and is customarily used and accepted as a medium of exchange in the country of issuance — but it does not have legal tender status in any jurisdiction...... Virtual currency that has an equivalent value in real currency, or that acts as a substitute for real currency, is referred to as «convertible» virtual currency.

To accomplish that, the bill adds a definition of virtual currency to the state's money services statute (8 V.S.A. § 2500 et seq.): «stored value that (A) can be a medium of exchange, a unit of account, or a store of value; (B) has an equivalent value in money or acts as a substitute for money; (C) may be centralized or decentralized; and (D) can be exchanged for money or other convertible virtual currency.»

Since most people seem to use bitcoin for saving or some sort of safe haven asset, it is only a matter of time before it finds itself being used as a de facto medium of exchange in communities around the world.

While decentralised digital currencies have served as an excellent speculative asset, the same can not be said for their use as a medium of exchange, store of value or unit of account.

It makes economic sense now for crypto users to once again be using Bitcoin as a medium of exchange.

I'm really not convinced of the near - term value proposition of cryptocurrency as a medium - of - exchange for physical goods, Bitcoin as the rival to PayPall and all that Silicon Valley VC jazz (is it the weather over there?).

People purchase bitcoins for its investment values than as a medium of exchange.

Rock (RKT) tokens issued by GBX will be used primarily as a medium of exchange on the platform and will also be used for early access to designated token sales, listing and sponsorship fees, as grants from the Blockchain Initiative Center, and as payment for any services rendered by GBX in preparing teams for token sales or listings.

Bitcoin Surpasses Gold in Popularity For millennia, humanity has used gold as a medium of exchange and store of value.

As a medium for selling of cryptocurrencies, as a place for buyers and sellers of cryptocurrency or just a platform for exchangAs a medium for selling of cryptocurrencies, as a place for buyers and sellers of cryptocurrency or just a platform for exchangas a place for buyers and sellers of cryptocurrency or just a platform for exchange.

For the uninitiated, cryptocurrencies such as bitcoin are a medium of exchange created and stored digitally using a decentralized technology called blockchain.

His central thesis relies on the basic premise of ANY medium of exchange: it only works as long as people will accept it for goods and services.

The idea is that Unikoin Gold, the token that was up for sale, will act as a common medium of exchange for bettors to use on the platform, which allows for placing bets on games like League of Legends, Defense Against the Ancients (Dota) and CounterStrike, among others.

VIT has an advantage over cryptocurrencies such as bitcoin because it serves as both as a medium of exchange and as a tool for capturing viewer engagement data in a single token, according to a white paper on the token's website.

But rather than spreading their tentacles on these institutions, Ripple should be involved with top markets on the usage of XRP as a good medium of exchange for business and customer transactions.

A cryptocurrency is a medium of exchange that exhibits the same payment powers as traditional payments but utilizes cryptography for security.

«I think the fees hamper the use case as a medium of exchange,» said Pacia, who has set up a DNS seed for Segwit2x.