Sentences with phrase «central authority such»

Unlike traditional currencies (FIAT) such as Dollars, Euros, Yen, or Yuan, Bitcoins are issued and managed without any central authority such as a government, company, or bank in charge of Bitcoin.
It is based on the distributed ledger system with no central authority such as a central bank or government.
For starters, here's an overly simplified explanation of Bitcoin: It's a digital currency (there are more than 800 now) that isn't controlled by a central authority such as a government or bank.

Not exact matches

Like other virtual currencies, such as Ethereum and Ripple, bitcoin has no central authority and relies instead on thousands of computers across the world that validate transactions and add new units to the system - technology known as blockchain.
This differs from permissionless systems, like those used by blockchain pioneers such as Bitcoin, which have no central authority.
Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.
Such serial cancellations «send a negative signal both to global manufacturers and Indian companies who are looking to diversify into lithium ion battery manufacturing,» Dash said, adding that «the Central Electricity Authority is considering regulation to make storage mandatory for large - scale solar projects ranging between 100 and 200 MW.»
This raises a number of issues which are the object of vigorous debate at present among monetary authorities world - wide: issues such the appropriate objectives for a central bank and the desirable degree of independence.
We could talk about the traditional money's traditional pitfalls and legacy weaknesses — geography bound, proportional to the strength of the government's ability to run the nation, the value being fixed by a central authority and such.
In Japan during this time such a more painful, if shorter, period of distress was deemed «unacceptable» by Japan's central planning authorities.
To be able to buy and sell a cryptocurrency, you need to purchase it with another form of currency such as digital currency (Skrill, Neteller, etc) or fiat currency (US Dollars, Euros or other currencies issued by central monetary authorities).
The gospel proclaimed and sacramentally enacted in the Church is a word that calls us to put all our trust in Jesus the Son of Mary; thus who Jesus Christ is and where he gets the authority to promise such astounding things become the central theological questions.
Such views, Simon argued, are the reverse of the truth and tend to give moderns an instinctively hostile attitude toward the very notion of authority and a superficiality in their grasp of the profoundly central place authority occupies in a healthy social life.
The editors and their collaborators know better; but only in selected instances have some of them managed to transcend such limited conceptions in behalf of the central purpose of the volume as a whole: to demonstrate how the literary dimensions of these texts do, indeed, make credible the power and authority they have exhibited for more than two millennia in shaping decisively the lives and minds of thoughtful people the world over.
The questionnaire also asks potential jurors if they have any connections to business developments such as the Central New York Film Hub, the Aloft hotel, or to state agencies such as ESD or the Dormitory Authority.
In the MTA's case, nearly all the meetings were held at Transit Authority headquarters or locations such as Grand Central Station.
Without a central naming authority, such conflicts might never get resolved.
Frameworks are essentially contracts that other organisations, such as local authorities, central government departments or public buying organisations negotiate with suppliers to get the best, compliant deals.
Such powers are probably best left to central authorities.
There is a specific and limited role for a central authority (called a Civic Education Council or CEC) that provides economies of scale, such as a central data system.
Particularly, in a situation such as that which exists today, where the shadow banking system responsible for much of the last few years of credit expansion is now dramatically contracting outside any possible control of the central banking authorities, there is no alternative but deflationary collapse with a concomitant moon shot in the value of the world's reserve currency v. all other asset classes.
Anyone who takes the time to properly research the origins of the «population control» movement will come to understand that the Rockefeller - Turner-Gates agenda for drastic population reduction, which is now clearly manifesting itself through real environmental crises like chemtrails, genetically modified food, tainted vaccines and other skyrocketing diseases such as cancer, has its origins in the age - old malevolent elitist agenda to cull the human «chattel» as one would do to rodents or any other species deemed a nuisance by the central planning authorities.
Having successfully pushed for the Ontario Offshore Moratorium, and her organizations having effected the moratoria for two cities near Toronto and the largest regional conservation authority in Ontario (Toronto and Region Conservation Authority), she is now working with other Ontario groups, such as Manitoulin and Central Huron and other vulnerable and at - risk communities around the Great Lakes aauthority in Ontario (Toronto and Region Conservation Authority), she is now working with other Ontario groups, such as Manitoulin and Central Huron and other vulnerable and at - risk communities around the Great Lakes aAuthority), she is now working with other Ontario groups, such as Manitoulin and Central Huron and other vulnerable and at - risk communities around the Great Lakes and Basin.
He regularly speaks at seminars to local bar associations, local authorities, and through organisations such as the Legal Services Agency, and Central Law Training.
Moreover, the U.S. State Department — whose Office of Children's Issues serves as the Central Authority for the United States under the Convention has long espoused and argued for — such an interpretation and the U.S. Government submitted an amicus brief supporting the father's position.
It does not have any central authority, such as a central reserve, and Bitcoins are not backed by anything.
But now some of these lawyers, such as Change Boyang who practices in central China where many children are sick, are backing off, citing heavy pressure from local judicial authorities.
Where a court having jurisdiction under Articles 8 to 15 contemplates the placement of a child in institutional care or with a foster family and where such placement is to take place in another Member State, it shall first consult the central authority or other authority having jurisdiction in the latter State where public authority intervention in that Member State is required for domestic cases of child placement.
He regularly acts for public authorities (including both central and local government), individuals and companies including, in particular, media organisations such as the Times Newspapers.
The following provisions shall apply to States Parties which have a federal or non-unitary constitutional system: (a) with regard to the provisions of this Convention, the implementation of which comes under the legal jurisdiction of the federal or central legislative power, the obligations of the federal or central government shall be the same as for those States Parties which are not federal States; (b) with regard to the provisions of this Convention, the implementation of which comes under the jurisdiction of individual constituent States, countries, provinces or cantons which are not obliged by the constitutional system of the federation to take legislative measures, the federal government shall inform the competent authorities of such States, countries, provinces or cantons of the said provisions, with its recommendation for their adoption.
The Central Authorities of the Contracting States shall so far as practicable assist applicants to obtain such a decision or determination.
Quebec Central Authority -... notes that... Hague application [s] for access will be considered under Article 21 of the Hague Abduction Convention and that issues such as the respect of... parental authority or rights of custody are not necessarily part of considerations under ArAuthority -... notes that... Hague application [s] for access will be considered under Article 21 of the Hague Abduction Convention and that issues such as the respect of... parental authority or rights of custody are not necessarily part of considerations under Arauthority or rights of custody are not necessarily part of considerations under Article 21.
In this regard, MinLaw is the government agency responsible for the policy on extradition and mutual legal assistance matters, on which we work closely with the Attorney - General's Chambers (AGC), Singapore's central authority for such matters.
Motor third - party pricing is not de-tariffed by Irda; while deciding on the premia, the authority considers factors such as the cost inflation index notified by the Central Board of Direct Taxes, as well as the claims of companies.
The authority considers factors such as cost inflation index notified by the Central Board of Direct Taxes and claims experience of companies while deciding on the premiums.
The authority takes into account factors such as cost inflation index notified by the Central Board of Direct Taxes and the claims experience of companies while calculating the premiums.
As such, it uses the SHA - 256 algorithm and functions without a central authority keeping track of every transaction within the network.
Bitcoin can be used to move money with relative anonymity, and without the need for a central authority, such as a bank or government.
He said there should be a distinction between digital currencies, which were being studied and developed by authorities such as the Chinese central bank, and digital tokens such as bitcoin.
In such a scenario its very obvious for the central bank of Turkey to feel threatened as going with its flow, Bitcoin may soon dethrone it to gain the top slot as the supreme financial authority.
No central authority governs cryptocurrencies that's partly why they can experience such extreme volatility.
The document also recognises that cryptocurrencies such as bitcoin have no central authority, and presently escape any regulations or control by the state.
However, Bronsens argued that some of the inherent features of Bitcoin which have been previewed as its strength such as lack of central authority can actually distance it from the general crowd and propel it towards a much more mainstream audience.
Distributed ledgers provide a digital record (such as asset ownership) that is maintained without a central authority or implementation.
Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.
Bitcoin can be used to move money around the world quickly and with relative anonymity, without the need for a central authority, such as a bank or government.
The idea behind cryptocurrencies like Bitcoin and Ethereum is that they are generated and transferred between individuals, without relying on central authorities, such as traditional banks.
Since Bitcoin is a decentralized system that is not controlled by any central authority, whether or not such an upgrade is deployed and adopted by the network is determined by several key decision - makers that must agree to the change: Bitcoin developers, economic Bitcoin nodes, bitcoin - holding users, and bitcoin miners.
Even fiat currencies such as the US dollar and Indian rupee do not have intrinsic value, given that their valuations are decided by two major factors: the market's demand and the manipulation of supply by central authorities.
Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.
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