Sentences with phrase «as shared ledgers»

Some in the cryptocurrency community refer to these no - mining private blockchains simply as shared ledgers, and they refuse to use the blockchain term to describe them.

So, whether it's a fully immersive VR experience, augmented reality, or even Bitcoin or Ethereum in the physical world as a shared ledger for our «real world,» we'll increasingly trust blockchains as our basis for reality.»

Not exact matches

Blockchain technology, also known as distributed ledger technology, is a form of shared database originally developed to underpin the digital currency bitcoin.

Electronic firearm tracking technology is defined as «a platform, system or device or a group of systems or devices that uses a shared ledger, distributed ledger or block chain technology or any other similar form of technology or electronic database for the purpose of storing information in a decentralized or centralized way, that is not owned or controlled by any single person or entity and that is used to locate or control the use of a firearm.»

This shared public ledger enables people to make transactions with each other over the network, opening up new global marketplaces for small businesses as well as a number of transactions all together.

Also known as distributed ledger technology (DLT), it is a shared record of information that is maintained and updated by a network of computers rather than a central authority.

As part of this interesting proposal, he talks about the «Austrian cryptocurrency myth» that tokens created in the operation of a double permissionless shared ledger could compete with fiat currencies in everyday use and concludes that for reasons relating to both technology and governance they could not.

The investment business has more than its share of those who don't deliver value, and I labor to be on the positive side of that ledger, as do many others.

GFS also provides the Funds with accounting services, including: (i) daily computation of net asset value; (ii) maintenance of security ledgers and books and records as required by the 1940 Act; (iii) production of a Fund's listing of portfolio securities and general ledger reports; (iv) reconciliation of accounting records; (v) calculation of yield and total return for a Fund; (vi) maintenance of certain books and records described in Rule 31a - 1 under the 1940 Act, and reconciliation of account information and balances among the Funds» custodian and Adviser; and (vii) monitoring and evaluation of daily income and expense accruals, and sales and redemptions of shares of the Funds.

How do they acquire what they have to contribute to the ledger, whether that is a vote as a shareholder, an interest in a contract, or shares in a public company?

International jurisdiction raises concerns, as shared distributed ledgers have no specific location;

As a decentralized ledger, the blockchain aims to democratize oversight over digital assets, increase transparency, reduce transactional friction, and enhance sharing.

Also known as distributed ledger technology (DLT), it is a shared record of information that is maintained and updated by a network of computers rather than a central authority.

There is some politics around this, as there are those who consider private blockchains that do not use any proof of work (that is, blockchains with no mining) to not be blockchains at all, but simply shared ledgers.

This has caused many bitcoin startups to suffer as well because there are now questions of which chain will win as there has become a great divide between using bitcoin's blockchain or the shared ledgers being developed.

The international R3 blockchain project to develop blockchain commercial applications and standards for the financial world just got a whole lot weightier as 13 new global banks joined the distributed or «shared» ledger initiative.

The answer lies in Bitcoin mining, which is the way new bitcoins are generated while maintaining the network's shared transaction ledger (also known as the «blockchain»).

He is a co-creator and inventor of Ethereum, described as a «decentralized mining network and software development platform rolled into one» that facilitates the creation of new cryptocurrencies and programs that share a single block chain (a cryptographic transaction ledger).

With fees charged by countless brokers and other middlemen, moving transactions to a shared, distributed ledger has been touted as a way to free up money to be invested in other opportunities.

Developed initially as an experiment to create the simplest mutual distributed ledger possible, the five current versions of MetroGnomo record over 60,000 clinical interactions a day, support a sharing economy insurer, and help musicians timestamp music.

Champions of this newer layer, including Lightning Labs, see it as a way to exponentially boost the number and speed of transactions of the bitcoin blockchain without increasing the size of blocks — batches of transactions that are confirmed and subsequently shared on bitcoin's public ledger.

Distributed Futures was created as a forum for senior people to meet and network with a group of their peers four times a year and share intelligence on mutual distributed ledgers, cyrptocurrencies, blockchains, FinTech, RegTech, and other interesting topics where disruptive technology meets finance.

In short, a MDL is a secure peer - to - peer ledger with storage analogous to peer - to - peer file sharing systems such as Gnutella, «Gnutella for accountants».

The broker then uses this real share as the basis for creating a crypto asset which can be bought by clients of the broker via NEM's blockchain ledger system and its XEM cryptocurrency (one of the top ten cryptocurrencies — in future, it will be possible to use other cryptocurrencies and the exchange will also allow trading between cryptocurrencies).

Blockchain is simply defined as a shared, decentralized ledger that provides a record of digital...

By using what's known as a zero - knowledge proof construction, a cryptographic proof that allows the sender to prove to the receiver that value has been transferred without sharing any data or interacting, the ledger is able to secure all balances without identities and amounts being shared.

The different chains integrate their Merkle roots with each other, ensuring that while they each act as a unique blockchain, they can still share information and create a consensus among the ledgers.

Peer - to - peer in nature, distributed ledger technology is shared, transparent and decentralized, making it ideal for application in finance and countless other areas such as manufacturing, banking, insurance and the Internet of Things (IoT).

, which acts as a shared digital ledger of all transactions on the network.

Without getting into too much technical jargon, understand that Ripple has been favored by banks over other cryptocurrency methods such as those that back bitcoin, although many of the basic - level core principles are still the same — a shared ledger for example.

«We believe that the contractual rules around exchange for anything and everything will become increasingly represented in distributed global software, rely on inconvertible distributed shared memory in the form of distributed ledgers, and benefit from the services of global multidimensional marketplaces such as Circle Poloniex,» stated Neville and Allaire.

Peer - to - peer in nature, distributed ledger technology is shared, transparent and decentralized, making it ideal for application in finance and countless other areas such as manufacturing, banking, insurance and the Internet of Things.

It is also the used as the main platform for cryptocurrency which shares a public ledger of data that can be accessed by all -LSB-...]

As noted by Coin Sciences CEO Gideon Greenspan in a recent CoinDesk opinion piece, shared ledger efforts have hit a roadblock when it comes to confidentiality, as every institution operating in such environments today sees every transactioAs noted by Coin Sciences CEO Gideon Greenspan in a recent CoinDesk opinion piece, shared ledger efforts have hit a roadblock when it comes to confidentiality, as every institution operating in such environments today sees every transactioas every institution operating in such environments today sees every transaction.

The Hyperledger Project was founded in December of 2015 and aims to create common distributed ledger technology that is shared, transparent and decentralized, making it ideal for application in finance and countless other areas such as manufacturing, banking, insurance and the Internet of Things.

For the majority of the time, banks and cryptocurrencies haven't shared a cordial relationship altogether as the latter's decentralized distributed ledger technology is supposed to pose a substantial risk to the existing banking systems.