Sentences with phrase «considering applications of blockchain»

Line is also considering applications of blockchain technology in countries with undeveloped financial infrastructure to enable services such as the ability to pay utility bills via a mobile phone.

Not exact matches

According to a press release, Brussels was chosen as location of the center of the Blockchain using the advantages of geographical, political, technological and language for international organizations that consider the application of this technology..

The Monetary Authority of Singapore also signaled their intention to encourage banks to consider the many applications of the blockchain in the financial sector where distributed ledger systems may potentially be «applied in any area which involves contracts or transactions that currently rely on trusted third parties for verification».

The ability to create decentralized applications (DApps) is widely considered to be one of the most promising use cases for blockchain technology.

Don't lose sight of that as you consider the usefulness of blockchain applications.

Another key is to focus on companies that have already committed to using or are considering using cryptocurrencies or other applications of blockchains because these companies will be able to leverage the advantages of blockchains for a competitive edge.

Ethereum, with its programmable smart contracts able to perform calculations and store information, is considered an enabler of next - generation, nonfinancial blockchain applications.

NASA and other space agencies, such as the European Space Agency (ESA), are considering potential applications of blockchain technology to space missions and internal operations.According to a NASA presentation titled «Bitcoin,...

A newly published patent application indicates that TD Bank may be considering the use of a public blockchain for certain kinds of transactions.

Four organizations in Canada's blockchain tech sector are going all out this week to submit their application letter to the federal Ministry of Innovation, Science and Economic Development (ISED) before the July 21 deadline to be considered for funding under the government's new Innovation Superclusters Initiative.

The worlds third biggest smartphone manufacturer, Huawei, is also considering a blockchain - based smartphone line with the option of running applications based on blockchain technology.

The co-existence of different kinds of blockchain can be considered as a positive thing, as this way they can be adopted for a greater variety applications and thus bring benefits to more spheres of human activity.