Sentences with phrase «existing blockchains»

Similar to current blockchains, it uses distributed ledger technology and allows for many of the same applications of existing blockchain projects.

This article will briefly discuss the scaling issues with existing blockchain platforms — briefly only, because most readers must already be familiar with it.

The team created it in response to the lack of usability of various existing blockchain technologies, along with the division and lack of cooperation between projects.

Some companies involve consulting services, others are building new blockchains or tools for managing tokens on existing blockchains.

Founded in 2017, the company aims to assist new and existing blockchain projects to reach their target audience using global best practice marketing solutions.

This is in direct contrast to many existing blockchain platforms, which get slower with more transactions and cost more per transaction.

Participants will analyze already existing blockchain - based projects in the banking sector: there will be a lot of analytics and discussions.

These services themselves are nothing new and are provided by numerous existing blockchain platforms.

Current existing blockchains can not offer significant and scalable financial services.

Several existing blockchain platforms let you to make your own currency — as a community coin, a joke, or for any other reason.

Through a process called an initial coin offering (ICO), many projects are simply creating and selling tokens on existing blockchains to build a network effect and raise capital.

One of the biggest problems for many existing blockchain - based applications, including bitcoin, is scaling.

«As we move further along into 2018, we'll not only see more innovative applications of blockchain, we'll see increasingly efficient use of existing blockchain systems.

Currently, scalability is sacrificed with existing blockchains of Ethereum and Bitcoin.

This can be a challenge for existing blockchain technologies because blockchains by their nature do not allow for past data to be deleted, but rather only updated in subsequent blocks, which may not be sufficient to comply with the law.

Some of the more than 1,494 cryptocurrencies in existence today may not make it, as is the case with any start - up, with some duplicates merely enhancing existing blockchain tech.

As the team at NeuroChain sees it, their new project should provide four significant advantages over existing blockchains like the ones that power Ethereum, Bitcoin and other popular cryptocurrencies, including:

By providing these capabilities, Coco offers a trusted foundation with which existing blockchain protocols can be integrated to deliver complete, enterprise - ready ledger solutions, opening up broad, high scale scenarios across industries, and furthering blockchain's ability to digital transform business.

This year, Microsoft rolled out Coco, a framework designed to facilitate blockchain adoption by adapting existing blockchain protocols or by creating entirely new protocols, and their Azure Blockchain service, a BaaS (blockchain as a service) that enables businesses to quickly and easily configure and deploy a blockchain network.

Using currently existing blockchain based technologies we can increase the security, enhance the traceability and provide easy tradability of eWarranties.

Presence of existing blockchain development expertise through the team, partners, or active consultants — particularly for non-trivial integration with a public blockchain.

Well, if this turns out to be true, it is going to be much much bigger than what Ethereum has to offer and will also give a major push to the solution of existing blockchain scalability issues, which the developers are facing right now.

«The main obstacle for implementation of blockchain in corporate environment is lack of confidentiality mechanisms in existing blockchain platforms,» Duvanov said.

Some of the impact of blockchain tech on marketplaces may come from totally new platforms or platforms built upon existing blockchain tech.

Synereo says that RChain solves the problems plaguing existing blockchains, enabling decentralized systems to be much faster, infinitely scalable and cheaper to maintain.

It sits on existing blockchain software platforms, such as Ethereum, but instead of producing units of cryptocurrency, Sovereign creates a finite number of tokens called «votes».

Overledger is a virtual blockchain that links existing blockchains and allows developers to build multi-chain applications (or in other terms blockchain - agnostic applications).»

Well to start things off, SegWit2x will be a hard fork, meaning it will not be compatible with previous blocks (a.k.a. the entire existing Blockchain).

In essence, Rocket is very similar to existing blockchain accelerators such as Boost VC.

But a key question remains: are existing blockchain designs sufficient to meet the needs of the IoT industry?

Second, the platforms can be used to improve existing Blockchain systems.

The 23 - year - old Buterin said it would take years for central banks to mint their own coins, suggesting that existing blockchains needn't be worried about competition from government.

The Foundation, which claims to be the first public blockchain to address the specific needs of the energy Industry, states that it aims to develop market standards that ensure interoperability and reduce costs by aligning existing blockchain initiatives and developing easy - to - implement platforms for the market.

«The difference between GACHAIN and existing blockchains lies in its unique algorithm of Smart Law, which migrates existing policies, laws, and regulations to GACHAIN and has a hierarchy of administration.

The ability to handle a larger number of transactions per second as a Blockchain network grows has been recognized as one of the biggest problems facing existing Blockchain platforms, as evidenced by the often cited example of only 7 — 10 transactions / second (TX / s) available in Bitcoin and Ethereum today.

Unlike most existing blockchain cryptocurrencies, where transactions are openly verifiable and traceable by anyone, Monero (XMR) offers completely private, censorship - proof, untraceable, and opaque transactions.

We plan to completely decentralize by using already existing blockchain applications.

They run instead on existing blockchains, primarily Ethereum's, and tend to be built for specific applications, such as a peer - to - peer marketplace for computation (Golem), a crowdsourced prediction market (Augur), or a blockchain - based advertising platform (Brave).

This can be a challenge for existing blockchain technologies because, by nature, blockchains don't allow for data to be deleted, but rather only updated in subsequent blocks, which may not be sufficient to comply with the law.

According to the developers, Nexus technology offers improvements over existing blockchain systems like Bitcoin and Ethereum.

New projects involving existing blockchains have begun to be created, allowing for the...

Although a clever use of blockchain technology, Dragonchain is not intended to ever replace the currently existing blockchain which you may be familiar with.

Presence of existing blockchain development expertise through team, partners, and active consultants — particularly for non-trivial integration with a public blockchain.

Token Media is a cryptocurrency marketing company that was founded by Elisha Owusu Akyaw in 2017 with the aim of assisting new and existing blockchain projects with reaching their target audience using global best practice marketing solutions.

«There's an over-tokenization of things as companies are issuing tokens when the same tasks can be achieved with existing blockchains.

Synereo had initially tried to create a decentralized social network, on the basis of existing blockchain technologies.

ZSL can be stacked on top of existing blockchain for enhanced functionality.