Sentences with phrase «for blockchain use»

Raising funds for the development of business in the cryptocurrency sector is another promising area for Blockchain use.

The move comes months after Lithuania released guidance for the blockchain use case, being one of a number of institutions to do so last fall.

Bitcoin doesn't validate the results of academic research (yes, I have seen a proposal for a blockchain use case where miners validate that academic researchers haven't cheated with their results...).

The move comes months after Lithuania released guidance for the blockchain use case, being one of a number of institutions to do so last fall.

Cryptocurrency is built on methods for blockchains used on a peer - to - peer network of independent nodes.

is working to develop a proof - of - location protocol for the blockchain using beacon technology.

Not exact matches

Quorum, JPMorgan's Ethereum - inspired payments platform for businesses, now uses the zk - SNARKs commercialized by Zcash to mask the money moving around on its permissioned, enterprise blockchain.

But in countries like the United States, China, Russia, Singapore and Switzerland, government groups have talked about using blockchains for myriad tasks, like issuing national currency or tracking identity records for citizens and visitors.

What else — why is blockchain used as a solution for so many things, and why is that any better than a centralized database?

JPMorgan's Dimon, for instance, said his bank was exploring the used of blockchain technology, even if he doesn't believe bitcoins are here to stay.

The more than 100 - year - old company said it used blockchain to create a new platform for digital photography with its own cryptocurrency, called KodakCoin.

A Canadian company called IC Potash changed its name last year to Belgravia Capital International, and intends to produce specialized fertilizers for cannabis firms and form partnerships with growers in Canada and the U.S. Belgravia also proposes to use «blockchain technology software» to track seed sales and quality.

The original blockchain was used as the foundation for bitcoin.

On its website, Verge is described as a cryptocurrency which «improves upon the Bitcoin blockchain» and uses open - source software like Tor and I2P — both of which have been used in connection to the former trading site for illicit goods, the Silk Road.

«We also think digital collectibles and all of the games they enable will be one of the first, if not the first, big consumer use cases for blockchain technologies.»

Maersk used KSI, a blockchain developed by Guardtime, a startup whose technology underpins the tech - savvy nation Estonia, for the test.

For the trials Walmart used Hyperledger Fabric, a blockchain originally built by IBM and now housed under the Linux Foundation's Hyperledger group.

Attacked by some as a patent troll for the $ 150 million he made, he now wants to bring the entire patent world into the 21st century, using AI and the blockchain.

The types of platforms we use may shift, especially for users living in countries that could benefit from the censorship - blasting potential of blockchain technology, and video (both traditional and live) will continue to dominate as the social communication medium of the future.

The most popular is the Bitcoin blockchain, which is used for a variety of things outside of the currency.

Garzik and his partner Matt Roszack expect the financial industry will begin using the blockchain for stock and loan settlements as soon as the end of this year.

Digital Asset, a company that makes software for designing blockchains, is contributing the Hyperledger name to the project, which will be used for branding the effort, as well as code and developer resources.

The Open Ledger Project isn't proposing another cryptocurrency, but rather wants to use blockchain technology to create tools to allow businesses to build a distributed ledger for anything they can dream up — from exchanging automotive titles in seconds to paying retail suppliers when a sale is made.

Blockchain is best known for its use by cryptocurrencies like Bitcoin and others to keep track of transactions and ensure the accuracy of cryptocurrency valuations.

The most obvious way migrants could use blockchain technology to securely store money while traveling would be to convert cash into digital currency, but Soros dismissed the value of cryptocurrency, making clear he believed its primary appeal was «for tax evasion» and «the rulers of dictatorships.»

The use of the «smart contracts» created by blockchain technology allows for the irrefutable, certainty of the origin of any product produced or trader around the world.

As Aaron Wright, chair of the alliance's Legal Industry Working Group, told Coin Telegraph, «Lawyers are poised to serve as the catalysts for blockchain technology, and the Legal Working Group will serve as a neutral space to explore blockchain - based legal technology, develop standards for «smart» legal agreements, support emerging enterprise use cases, and tackle important policy issues raised by this new, impactful technology.»

IBM Watson, FDA team up to study blockchain use for data exchange.

But he's indicated blockchain could be used for more efficient transactions.

But Clark said he was most interested in how blockchain could be adapted for use in the airline industry.

Though many predict an imminent bubble, there are a number of tangible, actionable use cases for blockchain that will significantly affect the greater startup ecosystem.

Baldet had been heading up JPMorgan's Blockchain Center of Excellence, where she led the product direction for Quorum, JPMorgan's business - oriented blockchain, a buzzy database technology that uses shared ledgers for recorBlockchain Center of Excellence, where she led the product direction for Quorum, JPMorgan's business - oriented blockchain, a buzzy database technology that uses shared ledgers for recorblockchain, a buzzy database technology that uses shared ledgers for record keeping.

He said: «The government will explore use of blockchain technology proactively for ushering in digital economy.»

Blockchain, the technology underpinning popular digital currencies like bitcoin, is going to be used to build KodakOne, the company's new photo rights and royalties tracking product for digital photographers.

The prototype aims to make blockchain more practical for use in financial services.

The United States Patent and Trademark Office (USPTO) recently published a patent filed by the mega-retailer for a «delivery management system» that aims to improve upon last mile shipping — the final stretch extending to consumers» homes — by using robotics, sensors, and yes, blockchains, also often referred to as distributed ledgers.

Cutting out the middleman was a key founding principle of bitcoin, which cuts out banks, and it's the premise for many evolving or anticipated uses of blockchain.

«For many in the tech industry, «blockchain» and «cryptocurrency» are hot buzzwords, but for photographers who've long struggled to assert control over their work and how it's used, these buzzwords are the keys to solving what felt like an unsolvable problem,» Kodak CEO Jeff Clarke said in a statemeFor many in the tech industry, «blockchain» and «cryptocurrency» are hot buzzwords, but for photographers who've long struggled to assert control over their work and how it's used, these buzzwords are the keys to solving what felt like an unsolvable problem,» Kodak CEO Jeff Clarke said in a statemefor photographers who've long struggled to assert control over their work and how it's used, these buzzwords are the keys to solving what felt like an unsolvable problem,» Kodak CEO Jeff Clarke said in a statement.

In the same way that the Internet spent more than two decades in academic and government settings before its use became commercial, the Media Lab believes that a similar gestation could be important for blockchain, too — so it can become secure and reliable enough for mainstream use.

Spotify acquired start - up Mediachain Labs last year to use blockchain technology for music copyright - attribution protocols.

Automaker BMW is working with a London - based start - up to use transaction - recording technology blockchain to prove batteries for its electric vehicles will contain only clean cobalt.

Even in its early stages, blockchain is acquiring such renown for potential that any business associating itself with the term can attract new investment overnight, prompting some to use «the B word» so casually that they've also attracted attention from regulators.

The company is also teaming up with the fintech startups Stellar.org and KlickEx Group to use blockchain technology to process financial transactions across borders and currencies — a process which is often prohibitively slow and costly for small business owners, especially when they are in developing regions with smaller banking infrastructures.

And Bridget van Kralingen, senior vice president for industry platforms, told me about how blockchain technology is being used by Walmart and others in the food industry to keep track of the source of food for safety reasons, and by Maersk in the shipping industry to greatly reduce paperwork and port time.

Bitcoin and other cryptocurrencies are just the beginning of how blockchain can be used for transactions and tracking.

GM, BMW, Renault, Bosch, ZF and IBM have formed a consortium to develop automotive uses for blockchain, the database technology known for its use in cryptocurrency.

Blockchain technology could be used for managing records, tracking expenditures or even to develop a pension cryptocurrency.

The government of Moscow is pushing ahead with plans to test blockchain for use in local voting initiatives.

Blockchain was first created by a person or persons using the name Satoshi Nakamoto for enabling the digital currency bitcoin.

The possible use would come as part of its «Active Citizen» e-government project, constituting one of several areas in which blockchain is being explored (including as a basis for a new land registry system).