Sentences with phrase «created by blockchains»

From quick transfers to the thorough records created by blockchains, businesses and institutions are looking at how they can use cryptocurrency and related technologies to make doing business easier and cheaper.

The use of the «smart contracts» created by blockchain technology allows for the irrefutable, certainty of the origin of any product produced or trader around the world.

«MIMIR's entire goal is to leverage blockchain infrastructure to seamlessly provide blockchain access to end users by greatly taking advantage of the enormous node network being created by the blockchain bubble.»

This is possible to be happening, given that the traditional financial industry, kept in itself, without being able to see that there are new ways of doing transactions, until the idea of money created by the blockchain - bitcoin technology emerged, this left the industry on the verge of despair.

In January, the DTCC revealed that IBM was helping build a platform to settle $ 11tn worth of credit derivatives using technology created by blockchain startup Axoni, and overseen by distributed ledger consortium R3.

CryptoKitties, a game created by the Blockchain Startup Axiom Zen, which allows players to collect kittens through the use of the Ethereum platform, has raised at least 12 million dollars thanks to the funding of a group of investors, of which the capital firms Andreessen Horowitz and Union...

Not exact matches

Believing that blockchain will be impervious to greed ignores the fact that anything created by a human can be manipulated by a human — especially if there is a financial incentive.

The Bitcoin Cash fork was created by a developer that wanted to increase block sizes, with the hypothetical result being more transactions being processed on the blockchain.

Now, it's selling investors on the idea of a futuristic blockchain - based messaging system that, if all goes as planned, will be up and running by 2021 and create a «VISA / Mastercard alternative for the new decentralized economy,» according to a primer published online.

But he says Fidelity continues to learn valuable lessons, including about recent campaigns by miners to create so - called «forks» in blockchains, which serve as an immutable record of all cryptocurrency transactions.

Blockchain solutions could solve that issue completely by reducing data inaccuracies, improving interoperability of various enterprise applications and creating more transparent expenditure tracking.

Factom creates secure data by affixing «digital fingerprints,» tokens that prove the existence of information without revealing the information itself, to the blockchain.

The token sale is a capital - raising scheme employed by blockchain companies that entails creating a digital asset and selling it to the public.

Created by Blockstream, the Lightning Network allows for transactions off the blockchain, thereby decreasing the transaction costs almost to zero and increasing the speed and scalability almost infinitely.

Blockchain eliminates the need for a third - party intermediary like a bank by creating an instant, permanent and secure record of transactions.

The fundamental concept of blockchain technology, as created by Satoshi Nakamoto when he made Bitcoin, is that decentralization would occur via a distributed ledger.

Blockchain was first created by a person or persons using the name Satoshi Nakamoto for enabling the digital currency bitcoin.

Because the ledger thus created is shared by all of them, if anyone wants to go back and change any of the data, they would have to change every single copy of it, making the blockchain all but tamper - proof.

By contrast, Ethereum is a decentralized blockchain system, which means there is no central authority holding all the information used to create applications.

The firearm creates a record each time it is drawn or fired on a transparent and unalterable blockchain, so that firearm used by police personnel will be used to make departments more accountable.

By teaming up with Tianya Community Network Technology, a new $ 1bn blockchain fund is created.

It works by creating payment channels for bitcoin payments that don't need to be individually recorded onto the blockchain.

By creating a shared permanent record of every transaction between multiple parties, Blockchain creates an ever - expanding transaction record that is irrefutable in its accuracy and reliability.

A worldwide adoption of blockchain systems by central banks should create a solid foundation to convince other governments to adopt Ethereum - based solutions to address issues in fintech and other industries.

Buterin elaborated upon creating real value by describing what he feels is one of the best use cases for blockchain technology: cross-border payments.

The FTC's blockchain working group parallels similar moves by the Securities and Exchange Commission (SEC), which previously established a distributed ledger technology (DLT) working group, and by the Commodity Futures Trading Commission (CFTC), which created subcommittees on DLT and virtual currencies in February 2018.

The peggable assets also serve as a new way for its people to trade those currencies and commodities, by creating digital version pegged to bitcoin people are able to send and receive those assets over the blockchain.

Users can create new contracts by deploying code to the blockchain.

Created by Charles Hoskinson — a co-founder of Etheruem — Cardano is a fully open source and public decentralized blockchain, developing a smart contract platform aiming to deliver more complex and advanced features than any platform out there.

Unlike the old days, where information was created, controlled, and distributed by only a handful of parties, failing to reach the masses and disguised in hidden agenda, cryptocurrency and blockchain places information and power back in the hands of the user — allowing or non-traditional (and modern) methods of dissemination.

Unlike these examples however, mining is also the way to secure the network by creating, verifying, publishing and propagating blocks in the blockchain.

By using a combination of computer coding and peer - to - peer networking, a blockchain can create an online ledger.

A Smart Media Token (SMT) is a native digital asset on the Steem blockchain that can be quickly launched by anyone to help monetize online content and create incentives to encourage desired user behavior.

Therefore, the developers are trying to create a unique link between SoGs and other blockchain - based projects by integrating them into the game.

Blockchain has the power to fix all of that by creating a consistent, immutable record that can not be distorted.

Instead of re-creating a «cryptocurrency», or «token» using blockchain technology, Aramco creates digital shares of a pre-fixed amount of crude oil, reserved by the company.

A provisional patent filed by Apple in December describes a blockchain system designed to create and verify timestamps that could be used to fight hackers and certify digital signatures.

After Bitcoin (created by Satoshi Nakamoto in 2008) evolved and matured, waste heat has increased exponentially to secure blockchains of itself and clones.

The company, which controversially retains control of 60 % of the complete circulation of the Ripple (XRP) currency it created — despite stressing its independence — has agreed to sink $ 25m dollars worth of it into start - up investments being made by Blockchain Capital.

Simple Token, founded by serial entrepreneur Jason Goldberg, enables any company to create, launch, and manage their own branded digital token economy on open and highly scalable side - chains anchored to the Ethereum mainnet, without in - depth blockchain development requirements.

Former JPMorgan executive Blythe Masters has also been leading a collaborative effort between IBM and start - up Digital Asset Holdings to explore similar ledger technology, while December saw the Securities and Exchange Commission approve a stock plan created by online retailer Overstock, in which businesses can issue and borrow securities using blockchain.

The Royal Mint partnered with the Chicago - based CME Group to create a product called Royal Mint Gold using technology supplied by BitGo and using a «permissioned blockchain protocol» which restricts those who can validate blockchain transactions.

Serenity's financial services promise to create an independent marketplace based on smart contracts, where trading records will be transparent and monitored by a blockchain based platform.

The Blockchain Terminal («BCT») delivers a powerful set of tools and services to the wealth management industry, making use of blockchain technology to deliver cutting edge applications that have been created by a diverse community of developers, while also enabling real - time compliance enforcement and ad hBlockchain Terminal («BCT») delivers a powerful set of tools and services to the wealth management industry, making use of blockchain technology to deliver cutting edge applications that have been created by a diverse community of developers, while also enabling real - time compliance enforcement and ad hblockchain technology to deliver cutting edge applications that have been created by a diverse community of developers, while also enabling real - time compliance enforcement and ad hoc audits.

Serenity plans to radically change that approach by creating a transparent regulatory system powered by the modern blockchain technologies.

Clayton's testimony is pretty convenient timing for Harbor, a new blockchain technology company that just raised $ 10 million from an interesting group of investors, including Chicago - based Valor Equity Partners; the real estate tech - focused venture firm Fifth Wall Ventures; the Dubai venture firm Vy Capital; and Craft Ventures, a new venture fund created by serial entrepreneur David Sacks — who also helped incubate Harbor.

Six of the world's premier lenders — Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG (Mitsubishi UFJ Financial Group) and State Street — have recently joined a project led by Swiss banking giant UBS — in addition to existing members Deutsche Bank, Banco Santander, Bank of New York Mellon and NEX — with the goal of creating the utility settlement coin, a digital currency that will primarily be used to quickly clear and settle financial transactions using blockchain.

B2Broker was founded by a group of highly experienced IT professionals in the Cryptocurrency, Blockchain and Forex markets with the goal to create simple, ready, quick and qualitative solutions for Crypto and FX brokers from all over the world

This database will assist developers in teaching their programs better image recognition by creating an incentive structure for anyone in the world to populate an image database on the blockchain.

The most popular blockchain for airdrops by far is Ethereum, and many of the tokens created with be ERC - 20 tokens.