Sentences with phrase «experimenting on blockchain»

Also, the company said it has has been studying and experimenting on blockchain technology and cryptocurrency (crypto - assets) as its applied technology.

«We have been studying and experimenting on blockchain technology and cryptocurrency (crypto - assets) as its applied technology.

«We have been studying and experimenting on blockchain technology and cryptocurrency (crypto - assets) as its applied technology.

Not exact matches

The test is one of several blockchain experiments State Street and other financial institutions have been working on over the past year as Wall Street grows increasingly hopeful that the technology, first developed to run cryptocurrency bitcoin, can help them increase efficiency and cut costs.

In contrast to other prominent banking institutions, some of which are interested in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.»

Havas» investment in the space follows on from the launch of blockchain - based agency Truth last year, and a Unilever and IBM experiment.

While the SEC announcement recognized that not all blockchain - based tokens are necessarily securities — Ether is not a security, while the DAO tokens are — the announcement should be taken seriously by companies seeking to launch an initial coin offering (ICO) under U.S. jurisdiction.Other countries have taken different regulatory approaches, on Medium, Andrew Keys, head of global business development with ConsenSys, reported that the Chinese Mint is «experimenting with the ERC 20 token standard and Ethereum smart contracts to digitize the RMB.»

This post dives into the benefits of blockchain, its impact on the financial system, and how some companies are experimenting.

In addition, SBI Ripple Asia said that the consortium will form a DLT Advanced Experiment Working Group to further its study on blockchain.

The number of banks experimenting with blockchain technology and looking at their own digital currencies is growing by leaps and bounds, so it's no surprise that Deutsche Bank is well on its way to having its own blockchain technology.

As more and more blockchain startups look to raise funding, VCs are experimenting with SAFTs as a way to get involved early on.

Although some have started experimenting on private versions of public blockchains, on the whole, banks have stayed away from bitcoin and its peers.

«My sense is it's not a good idea, and I would say it's definitely not a good experiment to put on the Bitcoin blockchain.»

Implementing SegWit will also allow Litecoin to experiment with something called Lightening Networks — which would essentially allow for instant Litecoin payments off the main blockchain, with transactions only settling on the chain when they need to.

Conventionally, transfers from this stage to the main system was extremely costly; however, this experiment showed that by using only the basic functions of «mijin», a stable, low - cost financial system with a clear locus of responsibility could be built based on a Blockchain.

Enterprises experimenting with blockchain use cases are recognizing the need to address these challenges, and in 2017, some vendors, (including my company, Oracle), announced blockchain platforms focused on these requirements.

While the Bank of Canada, Bank of England, and People's Bank of China have also experimented with tokening their national currencies on the blockchain; the same the Monetary Authority of Singapore (MAS), Singapore's central bank has created a tokenized version of the Singapore dollar, available on Ethereum - based Blockchain tblockchain; the same the Monetary Authority of Singapore (MAS), Singapore's central bank has created a tokenized version of the Singapore dollar, available on Ethereum - based Blockchain tBlockchain technology.

Building on the hugely successful Disrupt San Francisco 2017 event, which included discussions on blockchain startups, cryptocurrency and ICOs with guests such as Ethereum creator Vitalik Buterin, we're delighted to host TC Sessions: Blockchain on July 6 in Zug, the city in Switzerland known as «Crypto Valley» because of the numerous blockchain companies that have moved there to capitalize on Zug's openness to blockchain experiments and forward - thinking approach to rblockchain startups, cryptocurrency and ICOs with guests such as Ethereum creator Vitalik Buterin, we're delighted to host TC Sessions: Blockchain on July 6 in Zug, the city in Switzerland known as «Crypto Valley» because of the numerous blockchain companies that have moved there to capitalize on Zug's openness to blockchain experiments and forward - thinking approach to rBlockchain on July 6 in Zug, the city in Switzerland known as «Crypto Valley» because of the numerous blockchain companies that have moved there to capitalize on Zug's openness to blockchain experiments and forward - thinking approach to rblockchain companies that have moved there to capitalize on Zug's openness to blockchain experiments and forward - thinking approach to rblockchain experiments and forward - thinking approach to regulation.

Rakuten first ventured in the crypto space by acquiring a Bitcoin wallet startup named Bitnet, and since then, the company has been experimenting and working on different potential applications of the blockchain technology.

Following a State Street report published last week on the long - term value of blockchain and other technologies, the bank's executive vice president of global exchange, Lou Maiuri, elaborated on how his group is experimenting with new ways to capitalize on blockchain tech.

The trial notably showcases a willingness on the part of a regulated financial institution to experiment with a public blockchain.

Blockchain development in the country is supported by the government: in 2016, there was an experiment on transferring records on land ownership right in the digital format.

Blockstream unveiled last year that it has been experimenting with covenants on a test sidechain - a blockchain with a different rule system that is pegged to bitcoin.

Although Hinrikus appeared to be bullish on blockchain technology, he said the Bitcoin experiment is nearly over.

In the post which was put out on Monday, Microsoft said they will be experimenting a blockchain - based decentralized IDs (DIDs) on their already existing Microsoft Authenticator app.

CryptoKitties is an interesting new gaming experiment for desktop computers, allowing users to breed, collect and trade virtual cats on the Ethereum Blockchain.

The spinning of the tires on such attempts perhaps hasn't been audible given that, while bitcoin's problems were and still are largely public, the institutions experimenting with blockchain have done their best not publicize those struggles.

So far, IBM has openly touted the supply chain use case, while blockchain startup Wave is working with Barclays on a trial that would find the major UK bank experimenting with digitizing pen - and - paper supply chain processes.

China has embarked on a «local» experiment to control the Internet, cryptocurrencies and public blockchain.

Bitcoiners all agree that the blockchain technology could be quite beneficial to everyone living on this planet, and that the time to start experimenting with its potential is now.

So says Alex Batlin, global blockchain lead for BNY Mellon, in a conversation about a new personal experiment he's working on dubbed the «Alex Batlin Time Token».

Webjet is a public company which trades on the Australian Securities Exchange (ASX), a firm that has been experimenting with blockchain applications of its own.

«Our experiments with Axoni demonstrate that confidentiality and privacy can be preserved between bilateral parties on an immutable distributed ledger at scale,» said Emmanuel Aidoo, who is in charge of the blockchain and distributed ledgers at Credit Suisse, in a statement.

Cognizant itself has been experimenting with several different distributed ledgers and blockchains for enterprise, according to Lata Varghese, assistant vice president in charge of the consulting firm's blockchain projects, but it settled on Corda for this project.