Sentences with phrase «authenticating transactions»

This involves authenticating transactions entered into via the Blockchain mode as well as release of new bitcoins like a verification reward.
Additionally, the credit card numbers were encrypted and Sony never collected the three digit CVC or CSC number from the back of the credit cards which is required for authenticating some transactions.
Upon visiting a Perka partner, consumers tap the «Check In» button or introduce themselves to the cashier to earn virtual stamps for each qualifying purchase; the clerk authenticates transactions via the store's point - of - sale system, and stamps are automatically deposited into customers» Perka accounts.
According to researchers, the programmed sanity checks designed to authenticate transactions were fooled by spoofed amount values.
Despite having negative opinions on digital currencies, Harker sees «tremendous potential» in the use of distributed ledger technology for risk management in the US banking sector, mainly because of its ability to authenticate transactions:
After entering my card details it takes me to the merchant's website where I have to authenticate the transaction either by entering the password or by entering OTP sent to my mobile.
The New EMV System EMV is a global standard for cards equipped with a small integrated circuit (or chip) that, along with the appropriate technology, is used to authenticate transactions.
The scanner allows users to unlock their phones or authenticate transactions by simply scanning their iris, hence, the name.
Microsoft also wants you to validate your purchase, so as a second step you'll need to use Windows Hello or a PIN to authenticate the transaction.
- Use fingerprint sensors to unlock your device, make purchases in Google Play, authenticate transactions in apps, and pay in stores.
Tally reviews and approves transactions on the blockchain database in a quick and efficient manner eliminating the cumbersome need to wait for every node on the blockchain to authenticate a transaction as it is usually done in regular blockchain.
A smart contract is a computer protocol designed to digitally facilitate and authenticate a transaction between two parties under certain conditions.
When Google first unveiled Google Pay, it said you would be able to pay for goods by simply unlocking your Android phone like you normally do (which also enables Google Pay to authenticate your transaction), then placing it near a merchant's contactless terminal, and that's it.
However, Google Pay does accept a PIN code, password, or pattern to authenticate transactions.
1 / Connect your Ledger device 2 / Enter your PIN code 3 / Open the Bitcoin app on your Nano S (right click) 4 / Launch your Bitcoin Chrome application on your computer 5 / Click on «Send», a popup opens 6 / Fill in the required fields: amount, recipient address you can paste or scan, level of fees 7 / Click on the «Send» button 8 / Your Nano S requires your manual consent to authenticate this transaction: press the right button (above the «V» check icon) to confirm once you have verified the details of your transaction are right and wait until your Chrome app displays «validated» 9 / Your transaction is validated and will be tracked on the Blockchain as soon as it is confirmed by miners in accordance with Bitcoin protocol.
The process of mining for cryptocurrencies requires users to lend their computer processing power to solve complex mathematical equations needed to authenticate transactions across the blockchain — a distributed ledger that keeps track of all sales and purchases of a particular cryptocurrency.
It remains to be seen if the second generation iPad Air and Retina iPad mini will include NFC, or it will only allow users to authenticate transactions in apps supporting Apple Pay with Touch ID.
Google's parent company Alphabet Inc. is developing its own blockchain that third parties can use to record and authenticate transactions, according to one of Bloomberg's sources.

Not exact matches

ACH Verification uses instant account verification or Quovo's Autoverified Microdeposits to authenticate key account and account owner details and ensure frictionless ACH transactions.
Blockchain marketplaces could have users authenticate themselves as a party the transaction before they are allowed to leave reviews.
For those who might not know, a recap: Adobe Digital Editions is widely used software in the ebook trade for both library and commercial ebook transactions to authenticate legitimate library users, apply DRM to encrypt ebook files, and in general facilitate the ebook circulation process — such as deleting an ebook from a device after the loan... Continue reading After Privacy Glitch, the Ball Is Now in Our Court →
The transaction is authenticated through a calculation of unique data packets for every operation.
Each time you perform a transaction or view a new page on our secure server, the message is sent back to the server to authenticate the request.
An acronym for Europay, MasterCard and Visa, EMV represents a class of cards that featured integrated circuit chips that help authenticate credit card transactions.
Only a state certified Notary can authenticate a real estate transaction.
This chip produces a unique transaction code for a particular purchase when authenticated.
(Of course, benefits of switching to blockchains that automatically authenticate and record events are even bigger because they will make affidavits unnecessary, eliminate most disputes over facts, and automate transactions, even with real estate — but read my other articles for a discussion of that.)
I suspect, but would welcome knowledgeable input, that B2B transactions have means of authenticating that work in practice, but have the issues mentioned above without the credit card remedy.
Usually the law does not require a signature at all, so the question is not one of satisfying a statute but authenticating a document (or a transaction) in an appropriately reliable way.
Its identity transaction platform creates embeds authenticated identity and event details with a digital signature and uses a participant's mobile device to approve a transaction, in Zimbabwe's case this will be a voting «transaction
For example, transactions across smart electricity grids can be authenticated and paid for through the blockchain.
It was as easy as using Apple Pay on my phone, except I had to enter the PIN before authorizing the transaction rather than authenticate with Touch ID.
You use Face ID to unlock your phone and authenticate Apple Pay transactions in - store and in - app.
Most specifically, WFP tested the ability of blockchains to authenticate, record, and facilitate cash and food assistance transactions to food vendors, ensuring the recipients got aid, the merchants received payments and the agency didn't lose track of its money.
You can do that using a mobile app or something like biometrics, but let's say the transaction uses a [blockchain - based] smart contract that says the container can't be opened until it's authenticated.
The blockchain is a global ledger available publicly, and it can record and authenticate a lot of digital transactions regardless of location.
This technology is expected to be useful in authenticating users and mobile payment transactions.
The fingerprint scanner is the one used for authenticating Samsung Pay transactions.
Only after all three things have been authenticated will a transaction be confirmed.
Apple is so condifent about the security offered by Face ID that it uses it to authenticate Apple Pay transactions.
No wonder then that it only allows iris scanning — which is more secure than face unlock — to be used for authenticating Samsung Pay transactions.
Over at Samsung's side, the Korean company knows that its face unlock mechanism is not as secure which is why it does not allow Samsung Pay transactions to be authenticated using it.
Right now, it can only be used to unlock the S8, but a report suggests Samsung wants to use the feature for authenticating financial transactions.
Because devices and transactions are authenticated through the use of Atonomi Tokens, there's little need for personal data to be kept on smart gadgets.
The process involves enormous computing power to solve complex algorithmic functions in order to authenticate crypto transactions thereby creating new «coins» in the process.
It requires no particular technology, but requires all parties to the transaction to agree on the method for electronically «authenticating» the contracts or documents.
The amendment modified the definition of «personal information» to include data from «automatic measurements of a consumer's physical characteristics, such as an image of a fingerprint, retina or iris, that are used to authenticate the consumer's identity in the course of a financial transaction or other transaction
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