Sentences with phrase «blockchain used by»

Permissioned Ledger - A permissioned ledger is a variant on the blockchain used by certain cryptocurrencies.

As a sign of the divide, BitGo co-founder CTO Ben Davenport in a recent Medium post even went so far as to extrapolate how the bitcoin network could deal with two competing blockchains used by different parts of the community and with different prices for bitcoin on those ledgers.

Microsoft specifically mentions the blockchains used by Bitcoin, Ethereum, and Litecoin as models for future DIDs.

Not exact matches

Quorum, JPMorgan's Ethereum - inspired payments platform for businesses, now uses the zk - SNARKs commercialized by Zcash to mask the money moving around on its permissioned, enterprise blockchain.

Maersk used KSI, a blockchain developed by Guardtime, a startup whose technology underpins the tech - savvy nation Estonia, for the test.

The company tracks bottles of wine using hidden codes added to them by vintners, allowing anyone to consult a blockchain to see where the bottle originated and how it was distributed.

For the trials Walmart used Hyperledger Fabric, a blockchain originally built by IBM and now housed under the Linux Foundation's Hyperledger group.

Attacked by some as a patent troll for the $ 150 million he made, he now wants to bring the entire patent world into the 21st century, using AI and the blockchain.

Aiming to execute seamless real estate transactions using blockchain technology, Esanjo.com is a global real estate asset management solution using ethereum, an open - source distributed platform on blockchain that's used by developers to build decentralized applications.

The focus should instead be to give people control over who accesses their data, by using blockchain technology.

Ludwin: Because the core innovation in a blockchain — now a blockchain by the way is just a data model; it's being used — to meet — to address a lot of different things in, you know, corporate marketing at an event like Davos.

Blockchain is best known for its use by cryptocurrencies like Bitcoin and others to keep track of transactions and ensure the accuracy of cryptocurrency valuations.

The use of the «smart contracts» created by blockchain technology allows for the irrefutable, certainty of the origin of any product produced or trader around the world.

As Aaron Wright, chair of the alliance's Legal Industry Working Group, told Coin Telegraph, «Lawyers are poised to serve as the catalysts for blockchain technology, and the Legal Working Group will serve as a neutral space to explore blockchain - based legal technology, develop standards for «smart» legal agreements, support emerging enterprise use cases, and tackle important policy issues raised by this new, impactful technology.»

While blockchain is still in its very early stages when it comes to health - related use, some in the industry say the tech can encourage much more widespread data - sharing by making transactions more secure and efficient.

ICOs use the blockchain cloud - ledger technology pioneered by Bitcoin to sell digital «tokens» that are comparable to company shares.

By replacing traditionally fragmented database systems banks use, blockchain - based solutions can reduce or eliminate costs associated with replicating data and improve data quality.

This differs from permissionless systems, like those used by blockchain pioneers such as Bitcoin, which have no central authority.

Santander said it is the first cross-border payments service using blockchain to be made by a bank.

Alternately, Antonopoulos suggests thinking of the «Bitcoin blockchain as having an API» (application programming interface) that makes its data usable by third parties, in the same way that second - layer services like Buffer or Hootsuite use the Twitter API to present and interact with Twitter data in slightly modified or reorganized forms.

The United States Patent and Trademark Office (USPTO) recently published a patent filed by the mega-retailer for a «delivery management system» that aims to improve upon last mile shipping — the final stretch extending to consumers» homes — by using robotics, sensors, and yes, blockchains, also often referred to as distributed ledgers.

The competition is intensifying to use blockchain, the technology that underpins cryptocurrencies such as Bitcoin, to try to eliminate battery minerals produced by child labor.

What's interesting about blockchain technology is that, by using what are called «smart contracts,» those contracts are executed on automatically through the blockchain.

Proponents argue that blockchain technology could be used to reduce the risk of many IoT devices being compromised by a single point of failure, such as a server.

It's been embraced by a host of large corporations like IBM, Cisco, and Oracle, which use the technology in their own blockchain products.

And Bridget van Kralingen, senior vice president for industry platforms, told me about how blockchain technology is being used by Walmart and others in the food industry to keep track of the source of food for safety reasons, and by Maersk in the shipping industry to greatly reduce paperwork and port time.

Blockchain was first created by a person or persons using the name Satoshi Nakamoto for enabling the digital currency bitcoin.

The central bank of Saudi Arabia has signed an agreement with Ripple, paving the way for a pilot project through which the bank will help other banks in the country send payments internationally using technology provided by the blockchain company.

As the ecosystem around blockchain continues to expand and develop, Ripple will look to support new use cases of the technology including more investments in business use cases developed by entrepreneurial teams and funds.

Putin, whose statements are often interpreted by Russia - watchers as a bellwether, suggested on October 10 that blockchain technology might offer «new... solutions» to the Federation's «banking sphere,» but cautioned that the «use of cryptocurrencies also carries serious risks.»

By contrast, Ethereum is a decentralized blockchain system, which means there is no central authority holding all the information used to create applications.

Through a study funded by ARENA, the distributed database platform blockchain will be used by Latrobe Valley dairy farmers to buy and sell locally generated renewable energy.

The $ 150 million fund managed by Blockchain Capital will invest in entrepreneurial teams that are building businesses using blockchain tBlockchain Capital will invest in entrepreneurial teams that are building businesses using blockchain tblockchain technology.

The firearm creates a record each time it is drawn or fired on a transparent and unalterable blockchain, so that firearm used by police personnel will be used to make departments more accountable.

Fees are used to speed up the process by which transactions are recorded onto the blockchain.

Alphabit will use a blend of active strategies including leveraged trading, algorithmic schemes, and investing in the sale of tokens by blockchain start - ups, Robertson said.

The Bitcoin, Ethereum, and Blockchain Super Conference is being organized by Richard Jacobs, who runs the Future Tech Podcast and used to run the official Bitcoin.com podcast.

Asked how long it might be before a blockchain - based system could be used by a major corporation for a shareholder meeting, Kotsialou reluctantly estimated five years, but she made no promises.

Buterin elaborated upon creating real value by describing what he feels is one of the best use cases for blockchain technology: cross-border payments.

Therefore, if John from London wants to pay Sophie from Sydney five bitcoins, he can log on to the blockchain using bitcoin software and send out a request to change the blockchain slightly to increase Sophie's bitcoin wallet by five bitcoins.

By using bitcoin as the intermediary for international payments, employers can take advantage of the low costs associated with sending money over the blockchain.

In its other form, as an open source software, the bitcoin blockchain platform, which serves as a public ledger of all bitcoin transactions, is being used by institutional traders and software developers to transform the operational and transactional sides of the financial industry.

While the benefits of distributed ledgers have been much discussed, Bain concluded that actual tools using blockchain for international payments and trade finance remain in their early stages as banks remain challenged by scaling the technology, along with uncertainties surrounding digital currencies and privacy issues.

Although the Swell keynote delivered by Bernanke was filmed for private use only, some of his remarks regarding blockchain and cryptocurrency applications for interbank transfers have been reported: «It's an obvious area where new technologies like blockchain or these electronic currencies can be used to improve the process.»

He added, «We are striving to advance our product by partnering with Samsung SDS, CISCO and others to apply blockchain to a wide range of industries in the future, beyond existing uses such as bonds, promissory notes and points within the financial sector.»

Blockchain will be used as a trusted validator for verifying official credentials by one of the most prominent medical NGOs in the US.

CEO of Blocko Inc., Won - Beom Kim, states, «We are striving to advance our product by partnering with Samsung SDS, CISCO and others to apply blockchain to a wide range of industries in the future, beyond existing uses such as bonds, promissory notes and points within the financial sector.»

By using Ripple's blockchain network, Krungsri is not only able to provide a real - time cross-border payment flow for the petrochemical company, but also provide complete transparency into when the payment...

Proof of work is not only used by the bitcoin blockchain but also by ethereum and many other blockchains.

Case studies of disclosed legal structures used by the Bitcoin Investment Trust, CoinList, Blockchain Capital and Crypto Assets Fund