Sentences with phrase «decentralized nature of blockchain»

Further, the decentralized nature of blockchain systems greatly reduces security risk.

The decentralized nature of the blockchain in this case could help usher in a new era of transparency and efficiency to a businesses» advertising efforts.

Cryptocurrencys» strength lies in security — the decentralized nature of the blockchain makes fraud impossible.

With the decentralized nature of blockchain tech, the traditional hierarchical structures associated with organizations that fall within a centralized platform, such as single ownership, leader, trust, and headquarters, are no longer applicable.For instance, web service providers support account structures that can only cater to a centralized, single owner structure, with

Given the decentralized nature of blockchain, trying to solve for underlying issues can be challenging; implementing fixes will require cooperation on the part of multiple involved parties.

While we know how to get scale, scaling solutions may require compromising the decentralized nature of blockchains.»

Soma, an up - and - coming platform for social buying and selling, aims to leverage on the decentralized nature of the blockchain in revolutionizing retail.

Lane has shared on Quora that the decentralized nature of the blockchain makes such payment platforms significantly more efficient and secure.

Second, the decentralized nature of the blockchain allows governments to digitize their services without the need to create a central storage for sensitive data, sometimes called a honeypot, which would represent an attractive target to hackers,» added Gasteiger.

The decentralized nature of the blockchain is reflected in the team that runs BINKD.

Because of the open and decentralized nature of the blockchain, Wright sees promise in its ability to broker transactions.

The decentralized nature of the blockchain allows customers to find the best deals and sellers to conduct business far more efficiently than ever before.

Jeff Clarke, CEO of Kodak, hopes to solve the problem using the decentralized nature of blockchain.

One of the critical areas that Bitaccess is interested in exploring is the issue that exists within the decentralized nature of the blockchain that there is no straightforward way to get authoritative data, such as land rights efficiently onto the ledger.

His belief is that the decentralized nature of blockchain does not give power or wealth to any single party, as humanity has been vulnerable to fraud, greed, and bias if power is given to individuals.

Based in Dusseldorf, Germany, CrypViser is leveraging the transparent and decentralized nature of the blockchain to build a secure communications network that can be used by individuals and businesses alike.

SingularityNET isn't the only AI platform harnessing the decentralized nature of the blockchain.