Sentences with phrase «creates immutable ledgers»

This is because these parties «need a means to quickly correct errors on the blockchain,» which is not possible when using a blockchain - based system that creates immutable ledgers.

So, by creating an immutable ledger, secured by a decentralized network, we all know who owns what at what time.

Using peer - to - peer networks to chain together blocks of records, blockchain creates an immutable ledger of transactions that is extremely difficult if not impossible to modify.

Not exact matches

By attaching a land title to the blockchain, it creates a time - stamped, immutable, transparent ledger of who owns a property.

Through a distributed ledger system, Blockchain has created networks of computations that are secure, immutable and democratic.