Sentences with phrase «currency system processes»

While the peer - to - peer digital currency system processes more than 300,000 on - blockchain transactions per day and recently reached an $ 18 billion market cap for the first time, the path toward scaling this system to a global economy over the long - term is sometimes seen as unclear.

Not exact matches

Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits of such transactions, including with respect to the Merger; the substantial level of government regulation over our business and the potential effects of new laws or regulations or changes in existing laws or regulations; the outcome of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration of the businesses of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion of management's attention from ongoing business operations and opportunities during the pendency of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability of financing, including relating to the proposed Merger; effects on the businesses as a result of uncertainty surrounding the proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.express-scripts.com.

For instance, Liberty Reserve «s CTO was operating an unlicensed money transmitting business which processed more than $ 16 billion through the firm's digital currency system.

However, in most coin technologies the wasteful mining process is one of their keys to security and stability of the currency which uses a so - called» proof of work» system.

Unlike centralized banking, like the Federal Reserve System, where governments control the value of a currency like USD through the process of printing fiat money, government has no control over cryptocurrencies as they are fully decentralized.

Where Bitcoin's transaction speeds average 7 transactions per second, new blockchain - based currencies are already approaching thousands of transactions per second; Bitshares claims they can process 100,000 per second.In fact, a newspaper in Winnipeg, Canada, has already begun to use a micropayment system to charge per article for its news content and projects earning over $ 100,000 in digital revenue.Blockchain could tilt the balance of power towards individuals, not publishing powerhouses.As mentioned previously, YouTube and Medium have dramatically increased content creators» access to audiences and established a more democratic, popularity - based promotional scheme.

The new weapons upgrade concept — which allows you to add proficiencies to your most - used guns, boosting range or stability, or reducing recoil — brings an extra layer of depth and control to the customisation process, and is more satisfying than the Black Ops currency system.

Lastly, the interoperability of bitcoin and ethereum - based tokens with other cryptocurrencies, and also with the legacy financial system when being exchanged for fiat currencies, are processes wrought with friction.

The long - awaited bill, which goes into effect on April 1, still does not recognize bitcoin as a currency, but it has accepted that bitcoin and other cryptocurrencies have «asset - like values» that can be used «as payment to indefinite parties for the cost of purchase or rent of items or receipt of services and which can be transferred by means of electronic data processing systems,» explained Bitflyer exchange.

Coinbase also plans to invest in open source browser for the distributed server processing system ethereum network Toshi «to help accelerate digital currency's shift from speculative investment to global payment network.»

In a trial that used this technology in a simulated virtual currency exchange system, Fujitsu Laboratories confirmed that when the currency exchange process was executed that the entire transaction trail for the virtual currency exchange was recorded in the connecting Blockchain.

The site features an interactive Bitcoin «onboarding tool» that walks consumers step - by - step through the process of creating a Bitcoin wallet and converting fiat currency into Bitcoin, with recommendations for individual customers based on their geographic location, operating system and spending preferences.

But Square, best known for its technology that allows merchants to process credit card transactions without a cash register or expensive system, says its customers have shown an appetite for the «alt - currency.»

This blockchain - based system utilizes proof - of - processed - payments to identify users, rewarding them for converting legacy fiat currency into cryptocurrency.

There is a number of Dragonchain use cases such as identity systems, ticketing, decentralized processing, computing, and storage framework, voting systems, smart contract, reporting and compliance, funding and accountancy, generic crypto - store, payments policy, organization inside currency, open source software project control, Intellectual Property marketplace, customer facing currencies — ecosystem exchange (physical or virtual, gaming), reservations (room, travel, table...), Internet of Things etc..

Once the upper limit is reached, the value of the currency will fluctuate almost entirely on supply and demand, though «miners» will still be able to earn Bitcoins by lending their processing power to the transaction system and receiving transaction fees.

In response, Tanzania's Central Bank Director of NationalPayment System, Mr Bernard Dadi said the process leading to adoption of a single currency was still underway, albeit new challenges such as the growth of Bitcoin, one of the famous virtual currencies.

The transaction processing platform is designed with a multisite dual key system allowing for instantaneous exchange between cryptocurrency and fiat currency.

This means that companies can exchange cryptocurrency funds faster, bypassing the process of converting in and out fiat currencies through the banking system.

The payment system is being powered by Electrum, a software platform created to process payments in different currencies.

According to its website, the goal of the ripple system is to enable people to break free of the «walled gardens» of financial networks — i.e., PayPal, banks, credit cards and other institutions that restrict access with fees, process delays, and charge for currency exchanges.

Abra previously allowed users to use this technology to invest in Ether and a few fiat currencies, and it claims that it successfully processed hundreds of millions of dollars» worth of transactions using this system with zero service interruptions.

The Bank Indonesia forbids all payment system operator and financial technology operators in Indonesia, both bank and nonbank institution, to process transactions using virtual currency, as stated in Bank Indonesia Regulation No. 18 / 40 / PBI / 2016 on Implementation of Payment Transaction Processing and Bank Indonesia Regulation No. 19 / 12 / PBI / 2017 on Implementation of Financial Technology.

MasterCard's submission stated that the risks posed by digital currencies were greater than the benefits, attacking claims of low transaction fees, faster processing time and system security.

The scalability debate in cryptocurrency often references Visa quite ironically, as the payment system regularly handles 4,000 transactions per second, a humongous amount when compared to the number most digital currencies can process.

Over the past few years, Bitcoin has emerged as a highly popular digital currency that allows consumers to pay for products and services without ever having to go through a third - party processing system or bank.