Sentences with phrase «by blockchain companies»

The hope is that by passing legislation, states will get noticed by blockchain companies looking to set up a headquarters or local office.
Gradually, those locations are being adapted to accommodate increasing demand by blockchain companies.
The token sale is a capital - raising scheme employed by blockchain companies that entails creating a digital asset and selling it to the public.
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.

Not exact matches

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 an extremely well written white paper on this topic by the company making this happen, check out the Blockchain Programmatic Corporation.
This Company Wants to Sequence Your Genome, Put It On a Blockchain — And Pay You For It, by Sy Mukherjee
It's also an example of the creative lengths to which blockchain companies are going in order to stay in - bounds of a threatened crackdown by the U.S. Securities or Exchange Commission on initial coin offerings, or ICOs.
ICOs use the blockchain cloud - ledger technology pioneered by Bitcoin to sell digital «tokens» that are comparable to company shares.
The company is raising money to build a blockchain - based operating system for businesses by selling EOS tokens.
Lightning Network, a company behind the technology, is trying to move some transactions away from the blockchain by allowing buyers and sellers to transact privately and later broadcast their activity to the public network.
Now, the early numbers are in, and there is no question that ICOs, an unregulated form of fundraising by which companies can sell their own form of digital currency or tokens to investors, are winning this race, at least in the blockchain industry.
Forde also explains how the blockchain could replace some repetitive work done by lawyers, insurance companies, and bankers and how the blockchain could usher in a new era of digital rights management that could change the music and media industry.
«By driving a whole bunch of economic value around the public blockchain ecosystem, we help drive all those different companies, providers and developers,» he explained.
As Riot Blockchain, the company now benefits from two potential connections by poorly - informed speculators.
These include actions by the People's Bank of China to further curtail digital asset trading, an alliance between the central bank and other agencies to target fraudulent virtual currency schemes, and an announcement from the Shenzhen stock exchange stating that companies speculating on blockchain technology will face repercussions.
For all of 2017 and the first two months of 2018 at the time of writing, Crunchbase data has captured a total of 527 venture capital rounds and ICOs raised by companies in its bitcoin, ethereum, blockchain, cryptocurrency and virtual currency categories.
Blockchain changes the equation by enabling companies of any size to raise money in a peer - to - peer way, through global distributed share offerings.
A new think tank dedicated to the development of Blockchain and cryptocurrency industries called the Institute for Blockchain Innovation has been formed by US and Canadian companies and investors in the space.
We build and support bitcoin and blockchain companies by leveraging our insights, network, and access to capital.
The technology is more broadly understood, and is being applied by entrepreneurs in ever creative ways, yet the ecosystems around blockchain companies, including cryptocurrencies, is still young.
356 blockchain - related patents were pursued by companies last November, more than double the number pursued by businesses last January, according to Reed Smith FinTech intellectual property expert Marc Kaufman, reports said last week.
Bloktex presently is backed by a team of specialists via tie - ups, JVs and MOUs with specialists centered blockchain companies and steering Bloktex into a specialist blockchain related product and services provider.
On October 13, 2017, the Delaware Court of Chancery dismissed a case brought by the blockchain firm R3 Holdco against Ripple Labs, another company active in the space, ruling that the court lacked jurisdiction to hear the lawsuit.
The ecosystem was designed by the blockchain development company The Loop which is part of DAYLI Intelligence, a subsidiary of DAYLI Financial Group, to allow decentralized apps (DApps) from one entity to exchange information or value with dApps from another.
We help innovative blockchain companies like yours by handling the complex details of organizing your ICO, so you can focus on developing your core business.
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...
ATLANTA — December 6, 2017 — Blockchain payments technology platform BitPay announced today that it is raising $ 30M in a strategic Series B funding round led by Aquiline Technology Growth (ATG), a fund managed by Aquiline Capital Partners that invests in early - and growth - stage financial technology companies.
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.
Indeed, the majority of executives at companies across verticals surveyed by Deloitte said they have at least some knowledge of blockchain technology.
The company connects to the world's first borderless payment network by partnering with Bitpay the pioneer and the most experienced company in bitcoin and blockchain payments.
By the fourth episode, a few applications and companies admitted to being blockchain agnostic; meaning they are open to working with any blockchain that suits their platform.
As some investors and entrepreneurs see it, there's room in the market for both the private blockchains developed by communities around Bitcoin and Ethereum, and the sanctioned corporate ledgers that companies like R3 are developing.
He pointed to the Digital Trade Chain (DTC) for small and mid-sized companies, which is being developed by seven European banks and leverages IBM's Hyperledger Fabric for blockchain.
SolidX Bitcoin Trust, a proposal by SolidX Management LLC, a subsidiary of blockchain technology company SolidX Partners Inc., is also structured as a grantor trust.
The company is making money frictionless and universally accessible by building an open, intelligent global platform that leverages Bitcoin and the Blockchain technology.
The share price of Natural Resources, a company with a going concern warning in its financial reports, has risen by over 3,000 % since the company announced its intention of entering the digital currency realm and changing its name to Blockchain Holdings in a report sent to the TASE on October 17.
The blockchain - based data storage company is led by Juan Benet, creator of the InterPlanetary File System, or IPFS.
According to reports made by several companies, blockchain technologies could cut banks» infrastructural costs by up to $ 20 billion a year by 2022; many companies are rushing into the technology to be able to cut these costs.
The company was incorporated in 2014 and is backed by SEED Capital Denmark, SEB Venture Capital and Accelerace. Coinify.com platform offers blockchain currency trading and payment processing services: individuals can buy and sell blockchain currencies; and merchants can accept blockchain payments in 15 currencies and receive payouts in fiat.
Powered by blockchain technology, Telegram Open Network (TON) is being billed as the next «Visa / MasterCard alternative for a new decentralized economy,» the company said in a description of its plans, as reported by WSJ.
Xapo president Ted Rogers said the company isn't evaluating the scaling debate, while Blockchain's vice president of growth, Liana Douillet Guzmán was cautiously optimistic about the solution put forward by the core developers.
A survey by research firm Gartner, shows that 77 percent of CIOs from companies are not interested in deploying blockchain within their organization.
Instead of re-creating a «cryptocurrency», or «token» using blockchain technology, Aramco creates digital shares of a pre-fixed amount of crude oil, reserved by the company.
eXeBlock (CSE: XBLK) Announces Development of #Bitcoin Payment Sidechain Vancouver, British Columbia - May 1, 2018 (Newsfile Corp.)(Investorideas.com Newswire) eXeBlock Technology Corporation (CSE: XBLK)(«eXeBlock» or the «Company») is pleased to announce the development of a blockchain sidechain that will allow all Bitcoin owners direct access to the Company's decentralized applications (DApps) and DApps being developed by third party developers.
Inspired by the growing popularity of the cryptocurrencies and the potential which these currencies possess, many major companies have decided to either experiment or fully implement the technology of blockchain into their provisions and services.
By the end of 2018, Cardona will most likely be one of the few Blockchain startups in the agritech sector courtesy of a recently signed MOU between Cardano's parent company (IOHK) and the Ethiopian government.
The company, which recently airdropped a massive cache of XRP into US public school coffers is hoping to stimulate interest in the creation of applications that use its currency and blockchain, which has attracted a lot of interest as a back - end technology in the banking industry, but has only been adopted by one other Coin thus far — the somewhat mysterious Allvor.
Fundamentally, blockchain means records - transactions, documents, and so on - are held and processed not by one individual, computer or company, but by a network.
The company, which controversially retains control of 60 % of the complete circulation of the Ripple (XRP) currency it created — despite stressing its independence — has agreed to sink $ 25m dollars worth of it into start - up investments being made by Blockchain Capital.
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