Sentences with phrase «commercial blockchain»

Build an open source technology infrastructure to serve as a foundation for commercial blockchain applications.

«There's also [a] commercial blockchain component that we believe is interesting and likely to continue into the medium term,» she said.

Yet, after billions of dollars in investment, not a single successful commercial blockchain system has been released.

For example, while IBM launched its first commercial blockchain platforms in March, it is still striving to create live networks wherein the technology can be utilized by real businesses.

Startups like VeChain launched the first commercial blockchain platform through which a Chinese state - owned enterprise is now tracking and managing red wine imported from overseas.

«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.

, said, in a statement: «Bitfinex is pleased to provide a platform of support for this forward - thinking and unique project, which we see as becoming a key contribution to the future development of a vibrant commercial blockchain ecosystem.

JL van der Velde, CEO of Bitfinex, said, in a statement: «Bitfinex is pleased to provide a platform of support for this forward - thinking and unique project, which we see as becoming a key contribution to the future development of a vibrant commercial blockchain ecosystem.

Additionally, she is responsible for the IBM and SecureKey partnership alliance to launch the first commercial blockchain trust identity solution led by the Canadian banking community.

IBM and Microsoft are now intensively working to become the dominant commercial blockchain - as - a-service (BaaS) platform.

Bank of America (bam), Citigroup (c), Goldman Sachs (gs), Wells Fargo (wfc) and other banks have invested in blockchain startups, and many will roll out commercial blockchain products this year.

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

Since mid-2015, the financial and technology sectors have poured in billions of dollars into the research, development, and testing of commercial blockchain solutions.

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.»

At the end of August, the IT department of Chinese Ministry of Industry and Information Technology established a strategic alliance which two commercial blockchain associations: ChinaLedger and Shenzhen Consortium featuring such companies as Wanxiang Blockchain Labs, Ant Financial, Webank, Universal Holdings, Ping An Insurance and Micro Focus Bank, among all.

An IT department of Chinese Ministry of Industry and Information Technology has set up a strategic alliance which two commercial blockchain consortiums: ChinaLedger and Shenzhen Consortium.

Everus World is envisioned as an open global ecosystem populated by consumers, merchants and traders - featuring commercial blockchain applications such as P2P marketplaces.

The NEM blockchain software is used in a commercial blockchain called Mijin, which is being tested by financial institutions and private companies in Japan and internationally.

Experience at a commercial blockchain platform such as Chain «may be a plus», it says.

BitHub.Africa is a commercial Blockchain accelerator driving the adoption of Blockchain technology and solutions across Africa.