Sentences with phrase «for verification of transactions»

Bitcoin mining is a process for verification of transactions or payments from one user to another on a decentralized network.

On the other hand, the process for verification of transactions or payments from one user to another on a decentralized network and a channel for introduction of new coins are called Bitcoin mining.

Not exact matches

Khosla's Bitcoin portfolio includes 21 Inc, a developer of Bitcoin mining chips which has amassed more than $ 120 million in startup capital to date, Blockstream, a company focused on innovation in sidechains to improve blockchains, Chain, the leading blockchain platform for enterprises and BlockScore, an identity verification and anti-fraud solution for online transactions.

One example of a company in the space is Everledger, a provider of an immutable ledger for diamond ownership and related transaction history verification for insurance companies, owners, claimants, and law enforcement agencies.

Once submitted to the bitcoin network, bitcoin transactions are subject to verification for a period of time, awaiting confirmation by the bitcoin network.

The Monetary Authority of Singapore also signaled their intention to encourage banks to consider the many applications of the blockchain in the financial sector where distributed ledger systems may potentially be «applied in any area which involves contracts or transactions that currently rely on trusted third parties for verification».

This is a project that is trying to develop a platform for a number of different modules, including the lives of quote verification, escrow, a trading exchange and blockchain transaction recording.

For example, refinancing a $ 50,000 mortgage to $ 100,000 could involve three separate documents, each requiring payment of the $ 225 tax map verification fee and the $ 300 recording fee, for total county fees of $ 1,575 — a $ 1,125 increase over a year ago for the same transactiFor example, refinancing a $ 50,000 mortgage to $ 100,000 could involve three separate documents, each requiring payment of the $ 225 tax map verification fee and the $ 300 recording fee, for total county fees of $ 1,575 — a $ 1,125 increase over a year ago for the same transactifor total county fees of $ 1,575 — a $ 1,125 increase over a year ago for the same transactifor the same transaction.

You agree to retain for statement verification, copies of transaction slips resulting from each purchase, each advance, and other transactions on your Account.

The implications of this are dependent on what your issuer is actually doing with the contents of the offline counter: Some issuers use this as a safety measure for contactless cards and allow only a limited number of contactless transactions, since those usually do not require any cardholder verification method below a certain threshold (e.g. 25 $ in many European countries), and the total risk in case of physical card theft can therefore be limited to < number of offline transactions > * < maximum contactless transaction amount >.

@AyeshK - Some years ago I discovered that one of the UK's largest payment providers wasn't even using MD5 for their payment verification hashes sent to the merchant — they were generating a string based on the transaction details and encrypting it by adding the characters of the (equal length) key of the merchant modulo 26.

While RentTrack will retain proper records and use address verification services for each transaction, Landlord is also required to retain, for not less than two (2) years, original invoices, receipts, and bank statements related to the collection of rent from Tenants.

While often used for security verification in a wide variety of transactions, many people already freely share their birthday and their age with just about anyone in conversation.

Once your credit card information, including the CVV number, has been passed to the credit card processing company for verification, only partial information is retained by AAMC for future identification of the transaction.

Even old - tech telephone transactions of any importance always seem to involve the keypad for verification, or confirmation of an agreement.

Furthermore, contrary to the conclusion by Mason that no e-signature can show for sure that the person alleged to have sign an electronic signature actually did so, it has been argued that there are several emerging electronic signatures, (though not recognised across all jurisdictions because they are not digital), that provides sophisticated, reliable and authenticable method of online verification in an open network as the internet, which can be employed in an open network transaction.

While often used for security verification in a wide variety of transactions, many people already freely share their birthday and their age with just about anyone in conversation.

The tools reduce exposure to risk by adding an extra layer of trust to transactions such as identify verification, trust rating, and data analysis for wallet and transaction portfolio.

The system acts as a highly secure and transparent verification and storage service for property transactions, but it stops short of a full - blown cryptocurrency where land can be bought and sold as easily as a bitcoin.

A blockchain developer may choose to make the system of record available for everyone to read, but they may not wish to allow anyone to be a node, serving the network's security, transaction verification or mining.

Coval uses side chain technology to enable the mass verification of multiple transactions securely, using blockchain technology where appropriate, enabling the faster and scalable transfer of tokens for a variety of applications.

Digital tokens acquired as a result of mining operations or as remuneration for verification of crypto transactions are to be recorded under the «Finished goods» debit account and also as «Main activities» in the credit section of the balance.

Bithumb explained on its website that the issuance of new virtual bank accounts has been suspended in accordance with the government's regulation, which is a «requirement of real name verification for cryptocurrency transactions.»

This would allow for the peer - to - peer (P2P) transfer of digital assets with effectively no verification time, a higher transactions - per - second (TPS) rate and almost no fees.

Simplified: Simplified Transaction verifications, or SPV, are a technique for verifying the validity of a Bitcoin transaction without the need of downloading the entire Transaction verifications, or SPV, are a technique for verifying the validity of a Bitcoin transaction without the need of downloading the entire transaction without the need of downloading the entire Blockchain.

He believes that the blockchain technology creates a more secure way for transactions verification but the recent attack on ShapeShift and the case of bitcoin exchange Mt. Gox showed that a business built on blockchain tech is also exposed to attacks.

The use of public and private key encryption means that although all the transactions on the network are public (essential for verification purposes), only those with permission can edit the data on the parts of the blockchain where they are authorized to do so.»

Project PAI will direct the development of the core Blockchain and smart contracts that the 3D PAI avatars will rely on for security, verification, and transactions.

Income received by miners for other activities, such as for the provision of services in connection with the verification of specific transactions for which specific charges are made, will be exempt from VAT under Article 135 (1)(d) of the EU VAT Directive as falling within the definition of «transactions, including negotiation, concerning deposit and current accounts, payments, transfers, debts, cheques and other negotiable instruments.»

The Hyperledger project is an open source initiative that aims to advance the use of Blockchain technology for the recording and verification of transactions.

Your private keys are locked in the device and never given to a third party, while there's also a built - in OLED screen to provide for the quick and easy manual verification of transactions.

However, it is not always obvious what version of the Bitcoin software an economic Bitcoin node is running and so the best way for bitcoin - holding users to have influence over changes to the Bitcoin protocol is to run and rely on their own Bitcoin full node for block verification and transaction broadcasting.

Monthly creation of billable charges for designated patients?Monthly claims billing; follow - up, re-billing, secondary billing and correction billing of claims?Collection process for account balances?Updating patients file records?Complete adjustment transaction forms?Maintain good communication link with each patient?s home - clinic personnel?Account aging balances; insurance verifications, referrals and authorization?Aging balances must be kept within acceptable collection standards.Competencies:?

He is also responsible for allocation, verification as well as posting of the details of the business transactions.

Data entry, verification and related duties for processing of disputes, fraud, chargebacks, exceptions and / or other associated transactions.

An employee verification letter serves as a proof of employment that may be used for various purposes and transactions that require a background check of a specific person including his or her work history.

He is also responsible for the verifications, allocation and posting of the details of the business transactions.

• Proficient in review and analysis of transactions, sheet balancing and financial auditing • Expert in conducting ratio trends and cash flow analysis • Known for understanding, following and implementing company's financial policies • Demonstrated ability to interact with customers for data collection and account verification • Track record of reducing lease default rate by implementing thorough background check protocols prior to loan sanctioning

KEY QUALIFICATIONS • Three years» progressive work experience as a Bank Teller • Highly skilled in cashing checks, accepting deposits and loan payments, and processing withdrawals • Functional knowledge of performing specialized tasks such as personal money orders • Able to record all transactions in a prompt and efficient manner • Hands on experience in providing exceptional customer service and resolving clients» accounts issues • In - depth knowledge of examining instruments for endorsements and verification purposes • Proficient in using computers and other office equipment • Bilingual — English and Spanish

• Organized and processed paperwork, reports and all kinds of claims documentation • Entered, recorded and reviewed claims into claims information management system • Performed verification checks on the customer / claimant loss - claims following company's standard policies and procedures • Attended to clients, claimants, field appraisers and management queries, regarding claims using the claims MIS • Forwarded appropriate claims for new losses verifying data for accuracy • Performed billing and payment processes • Processed routine claims transactions related to reserves and issued required checks or receipts • Resolved all kinds of issues / problems regarding claims and payments • Regularly run and generated claims reports for management • Gave formal presentations regarding all claims activities to the senior management at the bimonthly • Utilizing outstanding communication and interpersonal skills maintained strong and positive relationships with the providers, the claimants, and the clients • Provided company with necessary clerical support like handling fax, attending and making telephone calls as directed, filing and photocopying, matching checks with receipts etc. • Prepared, updated and organized customer and client's files • Managed all types of correspondence preparing, reviewing and sending memos, letters, emails, reports, applications, and forms • Provided effective CSR to providers, field appraisers, agents, insurance agencies, clients and customers • Matched incoming emails, mails, and faxes with the claims records • Arranged and set up medical appointments for health claims • Kept department's office supplies stocked • Maintained confidential claims information including correspondence with sensitive information • Accelerated claims correspondences as well as updated claims diaries • Worked in a team on several pilot claim projects • Reviewed and kept the record of closed files

• Greet customers as they arrive and ensure that they are being served by a host • Ascertain that menu item prices are correctly displayed and update changes as required • Look at work orders and punch ordered items into the system • Recheck punched items to ensure correct billing • Calculate billed items manually for verification • Take printouts of billed items, place them in folders and hand them to waiters • Receive and count cash payments and tender change • Process debit and credit card payments and ensure that receipts are signed and cards returned • Tally cash drawer at the end of each shift and handle any discrepancies before the shift ends • Manage light bookkeeping activities and generate cash and credit reports • Ascertain that the cash register has sufficient change in it at the beginning of each shift • Make bank transactions and handle bank reporting activities

EXPERIENCE SUMMARY * Extensively experienced and goal - oriented professional with 15 + years of experience in managing multiple voice and back office projects for large BPO's / Contact Centers and Telecom operators in the space of Mortgage Default management, Healthcare, customer complaint management cell, inbound customer service, outbound sales, verifications & transaction processing.

Created weekly and monthly reports and presentations.Verified details of transactions, including funds received and total account balances.Deposited third party checks, as well as monthly reserve transfers.Balanced batch summary reports for verification and approval.Researched and resolved billing and invoice problems.

Responsibilities Handled invoicing, billing and verification for purchasing inventory Took care of payroll for employees Recorded and filed account transactions while recognizing and resolving any discrepancies Updated and maintained financial activities and reports Overseen periodic corporate and external audits