Sentences with phrase «commercial application of blockchain»

While Microsoft has been adding blockchain modules to its cloud platform Azure already since 2015, IBM launched the first commercial application of blockchain named IBM Blockchain just in March this year.

ETHNews recently reported that EY Italy had unveiled a commercial application of blockchain tech when it launched an initiative to track production, bottling, and sales of wine.

Not exact matches

R3 represents the largest consortium of global financial institutions working on developing commercial applications for the distributed ledger technology that's at the heart of blockchain technology.

This is only the beginning, because we intend to explore the wider potential of Blockchain applications in various fields of commercial activity.

Unify Earth delivers a number of measurable enhancements on its Blockchain 3.0 that will increasingly allow this expanding global revolution to fulfill its promise as the world's largest decentralized database for the good of all humanity in a system that is now more highly secure and streamlined for both large scale commercial applications and meaningful startups.

Blockcerts has proven the commercial applicability of Bitcoin Blockchain as an application infrastructure.

Recently, several of the leading conglomerates and Fortune 500 financial and technology companies have been criticized for their lack of working commercial blockchain applications.

However, as the blockchain is an open source technology, its code and functionalities can be adapted so that it can be used for a wide range of other commercial and non-commercial applications.

At the time, the firm had only recently become a member of the Hyperledger project, the Linux Foundation - led initiative focused on commercial blockchain applications.

«The usage of technology platforms such as «Corda» allows us to gain extensive know - how in the underlying infrastructure of future commercial blockchain applications.»

The CME Group, the parent company to the Chicago Mercantile Exchange and Chicago Board of Trade, recently filed a patent application for its own spin on blockchain technology, and several commercial banks are working on doing the same.

IBM recently unveiled the first commercial application of IBM Blockchain, a suite of cloud services to help clients create and manage blockchainBlockchain, a suite of cloud services to help clients create and manage blockchainblockchain networks.

block.one, the developer of EOS.IO software, a new blockchain operating system designed to support commercial - scale decentralized applications, today has successfully received 651,902 ether (ETH), which is approximately USD $ 185 million, in the first five days of its 341 - day long token distribution.

EOS is a blockchain - based, decentralized operating system, designed to support commercial - scale decentralized applications by providing all of the necessary core functionality, enabling businesses to build blockchain applications in a way similar to web - based applications.

«We believe that the vast majority of commercial blockchain applications - particularly in capital markets - are likely to use private or permissioned blockchains,» the report reads.