Sentences with phrase «blockchain encryption algorithms»

Yao also lauded the security afforded by distributed ledger technology, although he noted that central banks should not be limited to the confines of currently existent blockchain encryption algorithms but should rather continue to develop these algorithms to accommodate the unique needs of the banks themselves.

Applied mathematics expert U.S. - based Zane Liang, who leads the scientific team at Wanchain, is responsible for theoretical solutions and verification of the blockchain encryption algorithms.

Not exact matches

Blauner cautioned blockchain startups that all cryptographic algorithms «degrade» over time, and that like the Roman cipher wheels of the past, even the most sophisticated encryption might eventually be hacked by quantum computers and more.

BitVault ® uses the encryption algorithm Scrypt on the Blockchain where each application uses an internal Blockchain that is independent to prevent compromise.