Sentences with phrase «by electronic ledgers»

From the outset, Bitcoin and other cryptocurrencies based on the blockchain, has been connected to transactions which while recorded by electronic ledgers, also provided a level of anonymity.

Not exact matches

Electronic firearm tracking technology is defined as «a platform, system or device or a group of systems or devices that uses a shared ledger, distributed ledger or block chain technology or any other similar form of technology or electronic database for the purpose of storing information in a decentralized or centralized way, that is not owned or controlled by any single person or entity and that is used to locate or control the use of a fireaElectronic firearm tracking technology is defined as «a platform, system or device or a group of systems or devices that uses a shared ledger, distributed ledger or block chain technology or any other similar form of technology or electronic database for the purpose of storing information in a decentralized or centralized way, that is not owned or controlled by any single person or entity and that is used to locate or control the use of a fireaelectronic database for the purpose of storing information in a decentralized or centralized way, that is not owned or controlled by any single person or entity and that is used to locate or control the use of a firearm.»

Traditionally, one trusted authority (usually a bank) holds an accurate ledger of how much money each customer has, and electronic transactions are made possible by rewriting the ledger of the sender and recipient simultaneously.

«This deal can not only facilitate the real use of blockchain technology in the electronic contract sector, advance the application of blockchain technologies such as distributed ledger and smart contract, but also better help our clients by providing them with better products to enable safer contract signature and storage through blockchain technology.»