Sentences with phrase «by blockchain based»

Serenity's financial services promise to create an independent marketplace based on smart contracts, where trading records will be transparent and monitored by a blockchain based platform.

Not exact matches

Holders of the cryptocurrency Ethereum had spent more than $ 2 million on virtual kittens by Sunday night, bought and sold over a new blockchain - based game called CryptoKitties.

Now, it's selling investors on the idea of a futuristic blockchain - based messaging system that, if all goes as planned, will be up and running by 2021 and create a «VISA / Mastercard alternative for the new decentralized economy,» according to a primer published online.

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.»

Blockchain technology shows potential in certain real - world applications, particularly for tracking supply chains shared by multiple parties, but those are private projects based on agreements between a few players.

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

The company is raising money to build a blockchain - based operating system for businesses by selling EOS tokens.

There's also Arcade City, which skirts the new regulations (at least, for now) by allowing drivers to negotiate their own rates, and is planning an app based on the Ethereum blockchain.

Ethereum is also cryptocurrency based on blockchain technology, connected by a public database that keeps a permanent ledger of digital transactions.

In its ruling, the agency also suggested it's looking for a way to encourage the promise of blockchain - based financial innovation — described in papers like this highly - cited one by venture capitalist Balaji Srinivasan — while also protecting investors from scammers.

Underlying the controversial web - based «cryptocurrency» is the blockchain - a massive ledger of every bitcoin transaction ever made that is verified and shared by a global network of computers.

Ripple, which focuses on blockchain - based cross border payments, works with many large banks and is backed by firms including Standard Chartered Plc (STAN.L), Accenture Plc (ACN.N), and SBI Holdings.

These new, more detailed, guidelines from MAS are sure to have an impact on development in Singapore, which is a hub for blockchain technology - based startups, by providing consumers and developers alike a guideline for best practices.

This new, more detailed, guidance from MAS is sure to have an impact on development in Singapore, which is a hub for blockchain technology - based startups, by providing consumers and developers alike a guideline for best practices.

According to Samsung's informational, technology and logistical arm, Samsung SDS Co., the blockchain - based system may cut shipping costs by more than 20 %.

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.

A worldwide adoption of blockchain systems by central banks should create a solid foundation to convince other governments to adopt Ethereum - based solutions to address issues in fintech and other industries.

African markets can be expected to leapfrog into the next digital era defined by a blockchain - based internet.

Now, the American start - up Factom is developing a blockchain - based land registry system that reduces this risk and provides Hondurans with time - stamped and irreversible digital rights to their land, as reported by the Economist last year.

Led by fintech and blockchain influencer Oliver Bussmann, the CVA launch members include Ethereum - based ConsenSys, Lucerne University of Applied Sciences and Arts, Luxoft, PricewaterhouseCoopers, Thomson Reuters, and UBS.

Bitfinex has come under fire for its relationship with Tether (a company, partially owned by van der Velde through Tether Holdings Limited, which purports to offer a blockchain - based equivalent to the US dollar and has been subpoenaed by the CFTC), but that hasn't stopped its executives from trying to turn over a new leaf.

Supported by both Buterin and Wood, and sporting the motto «unbank the bank,» OmiseGO is Thailand - based Omise's blockchain project enabling «real - time, peer - to - peer value exchange and payment services» via an agnostic, all - in - one financial clearing house and liqduity provider.

Leveraged by a blockchain - based ecosystem, the platform is designed to connect people, developers and providers, worldwide, improving global health, wellness and research.

Blockchain technology is the technological basis of Bitcoin, first described by its mysterious author Satoshi Nakamoto in his white paper «Bitcoin: A Peer - to - Peer Electronic Cash System», published in 2008.

Additionally, new blockchain - based technologies like Internet of Coins» «Hybrid Asset» pose a threat to authoritative identity verification, by building protocols that would allow individuals the ability to store and swap digital assets (including cryptocurrencies) peer - to - peer without the use of exchanges.

After years of development and flickering just outside of mainstream consciousness and acceptance, record high prices for the most popular blockchain - based cryptocurrencies Bitcoin and newcomer Ethereum and an embrace of the technology's core principles by some of the world's largest institutions may mean that blockchain technology is ready for its close up.

GoldMint is a blockchain - based platform powered by the digital asset GOLD, which is 100 % backed by physical gold or delivery futures.

A centralized blockchain even if based on the best available distributed / decentralized blockchain has had a negative effect on the development of digital transactions as shown multiple times in Mtgox and Cryptsy and many more, and will repeat till the weakness is understood by users.

«GetHashing was born as an idea by a small group of crypto enthusiasts with a passion for Bitcoin, cryptocurrencies and the technologies to build a new and unique community - driven platform that's entirely cloud - based and built on top of the blockchain protocol.»

The blockchain - based data storage company is led by Juan Benet, creator of the InterPlanetary File System, or IPFS.

Therefore, the developers are trying to create a unique link between SoGs and other blockchain - based projects by integrating them into the game.

In contrast to other prominent banking institutions, some of which are interested in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.»

While some VC funds are diversifying their portfolios by investing into this new vertical, a new type of fund has appeared on the landscape: a number of funds are investing exclusively into blockchain - based projects.

Distributed ledgers like blockchain could theoretically be controlled by governments that could install strict meritocracies based on blockchain smart contracts.

Nchain is a blockchain technology - based research and development organization led by Jimmy Nguyen, chief scientist Dr. Craig Wright, and over sixty researchers, engineers, and other professionals based in Europe and Canada.

NODE40 Balance is blockchain accounting and tax software that allows cryptocurrency coin holders to help comply with tax regulations by analyzing the blockchain to calculate exact net values from each transaction, tracks the cost basis and days carried.

FinTech Trends The launch of the blockchain - enabled asset trading platform Nasdaq Linq, Goldman Sachs» filing of a patent for a securities settlement system based on a new virtual currency called SETLcoin, and the continued rise of blockchain banking consortium R3 all point to a race by financial institutions to harness the power of the blockchain.

The blockchain - based system will come to replace the old Chess post-trade settlement system currently used by the Australian Securities Exchange (ASX).

Launched from Ukraine in 2017, Paytomat is expanding its business globally and aims to develop its own unique blockchain - based loyalty program, fueled by PTM and PTX tokens.

The Signals Platform gives you a chance to use indicators driven by main blockchain - based prediction market platforms, which generate powerful trading strategies augmented by crowd sourced wisdom.

Underpinned by blockchain and proprietary algorithms, Bibox's supports more than 35 tokens and 112 trading pairs, including Bitcoin, Ethereum and Tether, with AI selecting listings for new tokens on Bibox Digital Exchange Platform based on merit.

According to a report from Sohu, while the fund has been launched by Hangzhou - based venture capital firm Tunlan Investment, it will see over $ 400 million coming from the Hangzhou city government as a guided fund that will be used to invest in promising blockchain projects.

The allocation will help a team led by associate professor Jin Wei to pioneer a resilient networking system based in part on the Ethereum blockchain.

The Royal Mint partnered with the Chicago - based CME Group to create a product called Royal Mint Gold using technology supplied by BitGo and using a «permissioned blockchain protocol» which restricts those who can validate blockchain transactions.

the IOU based circulation solution provided by BIT.GAME will effectively help the blockchain game developers to avoid user threshold of the game.

By the tip of the 12 months, MEW and Kyber plan on implimenting cross-chain token conversion, which might give customers the flexibility to change digital property based mostly on completely different blockchains.

Clayton's testimony is pretty convenient timing for Harbor, a new blockchain technology company that just raised $ 10 million from an interesting group of investors, including Chicago - based Valor Equity Partners; the real estate tech - focused venture firm Fifth Wall Ventures; the Dubai venture firm Vy Capital; and Craft Ventures, a new venture fund created by serial entrepreneur David Sacks — who also helped incubate Harbor.

The DXCD would be a blockchain - based analog of the Eastern Caribbean dollar, a currency issued by the Eastern Caribbean Central Bank (ECCB) on behalf of the eight island economies.

As FinTech companies disrupt the financial services industry with marketplace lending and blockchain - based supply chains, wholesale banks are meeting the challenge by reprioritizing IT spending and improving their innovation capacity.

Blockchain - based payment systems can remove these limitations by providing seamless, worldwide payment functionality.