Sentences with phrase «experimenting on blockchain technology»

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.»

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.

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.

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.

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

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.