Sentences with phrase «decentralized operating model»
TORONTO — Barrick Gold chairman John Thornton is promising a leaner company with a disciplined focus on its best assets and a decentralized operating model that gives its mine operators more control.
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The Ethereum - based platform offers companies and other organizational structures the ability to reduce paperwork and operate under a decentralized model.
Paytomat is designed to combine all three: we plan to expand globally through the decentralized franchise model; our solution is compatible with most major operating systems and commercially available hardware; our blockchain - based loyalty program will reward merchants both for accepting crypto, and users for paying with crypto.
Operating under the core philosophies of 80/20 business processes, customer - back innovation and a decentralized entrepreneurial culture, ITW's seven industry - leading segments leverage the ITW business model to generate solid growth with best - in - class margins and returns in markets where highly innovative, customer - focused solutions are required.
Thor operates under a decentralized business model, meaning each operating entity does business independently under the Thor Industries umbrella.
While traditional currencies are issued by banks, cryptocurrencies operate under a decentralized model in which advanced encryption techniques regulate the generation of units of currency, and verify the transfer of bitcoins between accounts.
In a Reddit discussion, a Tetra representative admits that Tetra is a centralized service, but states that the exchange operates using a decentralized transaction model so that the operators never have control over users» coins directly, and thus hackers do not have access to users» coins.