Sentences with phrase «distributed identity system»

«Ontology is a blockchain / distributed ledger network which combines a distributed identity system, distributed data exchange, distributed data collaboration, distributed procedure protocols, distributed communities, distributed attestation, and various industry - specific modules.

Not exact matches

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Titled «The Future Is Here, It's Just Not Evenly Distributed» and «At the Backend», together these programmes interrogated the systems and infrastructures embedded in networked communication, and how this affects distribution, flows of information and power, as well as language, community - building and identity formation.

With its BlockGrantX sponsorship program, it has allocated funds to Ethereum startups including iEx.ec (for fully distributed cloud computing), Proof - of - Identity (for KYC, wallets, multisig, voting, authentication and reputation systems), Golem (P2P computation), Casper (a proof - of - stake consensus protocol), the Raiden Network (an Ethereum off - chain state network) and Micro Oracles (blockchain identity verifiIdentity (for KYC, wallets, multisig, voting, authentication and reputation systems), Golem (P2P computation), Casper (a proof - of - stake consensus protocol), the Raiden Network (an Ethereum off - chain state network) and Micro Oracles (blockchain identity verifiidentity verification).

This is a completely decentralized system and can be operated at global or local level via a distributed identity ledger which is run by different trusted parties across the Blockchain.

It is estimated that mutual distributed ledger (aka blockchain) based identity systems could generate $ 3 - 5 billion in annual cost savings (Goldman Sachs, 2016).

Gonser also extolled the decentralised nature of distributed ledgers in identity management systems of the future.

Jacob Lee, CEO pointed out the acronym phrOS stands for Personal Health Record Operating System along with emphasizing the underlying blockchain technology, the integrated identity authentication, online authorization, distributed storage technology, Ethereum permissioned blockchain and many other technology developments which this platform brings to the fore.

The distributed ledger technology intends to bring a solution to address the existing problems of the centralized identity system that cost both individuals and enterprises billions of money each year.

Through this collaboration, Microsoft expects «to produce a cross-chain identity solution that can be extended to any future blockchains or new kinds of decentralized, distributed systems.»