Sentences with phrase «centralized authorities controlling»
After all, the cryptocurrency is supposed to be a response and alternative to centralized authorities controlling currency.
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While bitcoin was developed to disintermediate such centralized monetary authorities, the Bank of England believes it could use the technical ideas behind it to impose more control over its currency and provide new ways to stimulate the economy.
It is a control - driven church culture that demands there be theologically trained leaders who are accountable to centralized authorities.
In the United States, this system of Government is called a Jeffersonian Democracy, which favors a weak centralized government (without writing tons, a Jeffersonian believes the Local Government should have more control over an individual by law as they are easier for the individual to fight) and as the scope of authority rises in a federal system, the government deals less and less with the individual and more and more with lower governments.
Since Mr. de Blasio's predecessor, Republican - turned - independent Michael Bloomberg, secured mayoral control in 2002 and centralized the educational system, Albany has readily and repeatedly granted the mayor that authority.
In recent years a school of thought arose in our space that a centralized authority or «harbor - master» could produce better outcomes by carefully controlling both the entrance and the exit of schools from charter sectors, primarily on the basis of standardized test scores.
The executive council also decided to centralize animal - control authority and force all boroughs to follow the same, new rules.
Represented a municipal water pollution control authority (WPCA) in claims against a centralized waste treatment facility for unpermitted discharges and unpaid sewer use charges.
This new platform removes the need for a centralized authority to control the data, making it next to impossible for a hacker to breach everyone's information simultaneously.
Unlike fiat currency — like US dollars, euros and yen — cryptocurrency is not regulated or controlled by any bank, government or centralized financial authorities.
Bitcoin: Bitcoin is a shared account of value without centralized authority or control.
In this way, more people will be able to be involved in the cryptocurrency sphere, even when these last currencies will be centralized and controlled by a central authority.
According to Oliver Bussmann, CIO of Swiss bank UBS, the biggest disrupting force is the blockchain — the underlying technology behind Bitcoin, the electronic - only currency which is created on computers and isn't controlled by any government or centralized authority.
It needs a centralized authority for coordination and control amongst these different sports coaches.
Instead of relying on centralized authorities to manage these projects, blockchain smart contracts provide a more effective way of controlling the shared construction.