Sentences with phrase «eliminated by the blockchain»

Problems of trust and transparency are almost always persistent, even when the best intentions are there, these problems can be eliminated by the blockchain.

Not exact matches

By replacing traditionally fragmented database systems banks use, blockchain - based solutions can reduce or eliminate costs associated with replicating data and improve data quality.

The competition is intensifying to use blockchain, the technology that underpins cryptocurrencies such as Bitcoin, to try to eliminate battery minerals produced by child labor.

Essentially, by enforcing agreement at the time of entry, blockchain could eliminate some of the most common post-trade issues and errors, such as incorrect settlement instructions or incorrect account / order details.

Blockchain eliminates the need for a third - party intermediary like a bank by creating an instant, permanent and secure record of transactions.

As transactions on the EOS blockchain scale vertically, and don't have to «line up,» they are able to process millions of transactions per second, while eliminating user fees, and deploying applications by the thousands.

Blockchain technologies are capable of reducing the amount of human workers needed, reducing salary costs, eliminating the need for a business to own / rent and operate infrastructure, and making the record of data kept by the business less susceptible to fraud & and manipulation.

In the future, blockchain tools could serve as a foundational infrastructure for casting, tracking, and counting votes — potentially eliminating the need for recounts by taking voter fraud and foul play off the table.

FRA: Yes, I can see the power of blockchain technology as providing decentralized platform to address some of those challenges of inequality by eliminating the middleman, for example, in transactions or services.

Also, cryptocurreny is eliminated and tracked by using blockchain technology.

By storing data across its peer - to - peer network, the blockchain eliminates a number of risks that come with data being held centrally.

trade.io democratizes the financial markets and saves money for investors and companies through reducing and eliminating fees and inefficiencies by utilizing its innovative Blockchain trading platform.

Xfermoney comes with real product that works best with blockchain technology and solves real world problem by eliminating the costs related to remittance globally.

The key innovation is a public blockchain that eliminates the need for a central counterparty to act as a third party to financial transactions, relying instead on a decentralised peer - to - peer network secured by advanced cryptography.

Viewly is using the blockchain to eliminate the ad - based revenue model used by traditional online video companies to open the door for creators to monetize their content — even those without huge audiences, according to the company's statement.

If all goes to plan, Theta and blockchain - based entertainment platforms could cripple the Netflixes of the world by freeing content creators from studios and gatekeepers, creating new categories of channels (sci - fi, live events, esports, fantasy), eliminating third - party advertisers, and making on - demand subscriptions obsolete.

The innovative architecture, powered by the Blockchain network of Ethereum, allows Kubera to considerately eliminate expenses for payment.

By substantially eliminating opportunism (that is, being a «trustless» technology), the blockchain allows specific assets to be deployed in small businesses supported not by large amounts of financial capital but by large amounts of human capitaBy substantially eliminating opportunism (that is, being a «trustless» technology), the blockchain allows specific assets to be deployed in small businesses supported not by large amounts of financial capital but by large amounts of human capitaby large amounts of financial capital but by large amounts of human capitaby large amounts of human capital.

In other words, any attempts of malware software, including the «State Trojan», to intercept users data before they are encrypted on their devices will be immediately eliminated by Crypviser using a decentralized model of encryption key distribution through Blockchain and new kind of client - server authorization powered by CrypID.

Migration of localized ERP to decentralized Blockchain based solutions that are supported by smart contracts allows to eliminate need for an expensive special proprietary software with no damage to security.»

According to Bloomberg, OwlTing has built a blockchain - based system for 400 clients eliminating double - booking of hotel rooms, by recording real - time inventory as customers...

The new company is seeking to eliminate many of the inefficiencies and opaqueness that have developed on Wall Street by utilizing the speed and security of cryptographic distributed ledgers known as blockchains to enable faster markets that are more efficient, and exhibit lower costs with increased liquidity, transparency, and security.

This blockchain method drastically reduces administrative costs for the organization by eliminating escrow account management costs.»

Trade.io democratizes the markets and saves money for investors and companies through reducing and eliminating the tremendous fees and inefficiencies by utilizing its innovative Blockchain trading platform.

This can all be eliminated, disintermediated and commoditized by more efficient peer to peer blockchain platforms.

They are truly breaking barriers to global blockchain adoption by creating a fully decentralized bridge between fiat currency and cryptocurrency — and eliminating all intermediaries.

Blockchain technologies are capable of reducing the amount of human workers needed, reducing salary costs, eliminating the need for a business to own / rent and operate infrastructure, and making the record of data kept by the business less susceptible to fraud and manipulation.

BTCurrencies.com is extremely hopeful about XinFin ICO which is dedicated to improving international trade and finance sector by eliminating the efficiencies through unique hybrid blockchain technology.

Announced today, a new working group co-led by XBRL US aims to to eliminate transactional friction between blockchains and automate the tracking of tokens on a global scale.

Similar to Bitcoin and other virtual currencies powered by blockchain technology, «smart contracts» have the potential to eliminate the need for trusted third parties to facilitate transactions.