Sentences with phrase «blockchain database»

The update and maintenance of blockchain database is carried out by many parties.

This is to prevent long re-synchronization times in the case of blockchain database corruption due to unexpected power failures or other issues.

The Ethereum blockchain database is maintained and updated by many nodes connected to the network.

This avoids potential blockchain database corruption.

Just like your private password grants you access to the email stored on a centralized cloud database like Gmail, your private key grants you access to the digital token stored on a decentralized blockchain database like Ethereum or Bitcoin.

Bitcoin and Ethereum are both based on a distributed blockchain database.

Manifold Technology is positioning itself to capitalize on the inevitable blockchain database industry.

He stated that «The way I understand what mining cryptocurrencies is, is that it's basically supporting the network and helping the verification and adding on transactions to the whole blockchain database.»

Creator of bitcoin, Satoshi Nakamoto, is also credited with the invention of the first blockchain database, which set the foundation for more forms of cryptocurrency to emerge like Ethereum and Litecoin.

They've uploaded over 1,000,000 diamonds onto their global blockchain database, and now Shping will be able to use such data to help stamp out fake products, or even blood diamonds.

«The vision of BigchainDB has always been a scalable Blockchain database, to complement smart contracts systems, file systems, and other Blockchain technologies in the decentralized stack.

As all parties share a single, secure blockchain database to record everything transparently, smart contract functionality will significantly reduce the need for professional advisors.

In the same way, two tokens may use similar codebases (monetary policies) but have different blockchain databases (monetary bases).

One key concept is that a token's codebase is different from its blockchain database.

Because of the distributed nature of the blockchain database, data corresponding to all new transfers must be circulated across the entire network so that the blockchain stays in sync as a master worldwide ledger.

A Russian non-profit has signed an agreement stating that it will build a blockchain database to house the «patent archives» of Kyrgyzstan's patent office.

«We need to create the infrastructure for the blockchain database.

The blockchain database can also hold much more data than what retailers get today, providing tools for more detailed analysis.

Due to the nature of the information stored within a blockchain database it...

Operating under the blockchain database, Gixely C... Read more

If it is possible to convince businesses that there is a safe and secure way to use blockchain databases, then there is plenty of potential in corporate uses, he says.

While concerns around the use of cryptocurrencies among businesses continue, at least in some areas, more and more attention is being directed at the potential for the blockchain database to transform transaction and authentication processes.

One key concept is that a token's codebase is different from its blockchain database.

Also arguing for the creation of a «Blockchain database,» Tanrikulu's support comes at a time when ruling lawmakers have come out against cryptocurrency propagation.

All storage of sensitive user information is run on the Scroll Network, our Blockchain database.

Another company, Libra, helps corporations report, audit, and analyze digital asset transactions, regardless of the blockchain database used.

By removing the backup, we can free up a significant amount of space at the cost of convenience should the blockchain database be corrupted.

The automatic scripts will make a full backup of the blockchain database every day.

A power outage or hard shutdown can cause the blockchain database to report an error.

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.

It uses a «smart contract» protocol that tracks and verifies the credibility of transactions on the blockchain database to avoid fraud, scams and other cyber security related issues.

The system utilizes the smart contracts protocol based on the blockchain technology to facilitate transactions while the Zero Coin protocol oversees the verification and storage of transactions on the blockchain database.

Mastercard is exploring a blockchain database that offers literally instantaneous transactions, meaning that merchants can get paid right away, without waiting the usual several days for the funds to clear.