Sentences with phrase «establish networked payment»

The payment layer utilizes Bitcoin's basic programmable features and allows users to establish networked payment channels on top of Bitcoin.

Utilizing Bitcoin's basic programmable features — like multisig and time - locks — users can establish networked payment channels on top of Bitcoin, creating in effect an off - blockchain transaction layer leveraging Bitcoin's security.

Not exact matches

We serve both established and emerging participants in this space, providing transactional, regulatory and strategic advice to private equity and venture capital firms, asset managers and funds, broker - dealers, banking institutions, start - up companies, lending platforms, payment companies, trading systems, technology companies, financial services providers, virtual currency companies, and card issuers and networks.

A broad network of financial data, such as utility payments and direct deposits, could help those without established credit histories better obtain loans.

Consumer protection The well - established major credit card payment networks also have well - established consumer protection measures in place, such as extended warranties and limits on fraud liability.

The Lightning Network expands on the Bitcoin Blockchain's basic transaction functionality by providing a means for users to execute smart contracts on the blockchain itself, providing for a mechanism for users to establish near - instant micropayments without the need to offload transactions to a custodian, which makes small payments impractical because the fees might be more expensive than the transaction itself.

Visa and MasterCard, the two largest payment networks, has established a new standard that practically makes mobile payment transactions free of charge.

A relatively early attempt at establishing a trustless payment channel network was made by Alex Akselrod.

Users, who successfully installed the Lightning software and established connection with the network, have the option of opening up payment channels with other users.

Our well - established network and reputation allows us to tap into a pool of down payment funding options from Utah's top mortgage lenders and organizations.