Sentences with phrase «function as a blockchain»

The phone will have a number of notable features that will enable it to function as a blockchain - capable phone.

Not exact matches

UBS and Barclays are both experimenting with blockchain as a means of expediting back - office functions.

Our audit team thoroughly reviews all aspects of your ICO and blockchain project to ensure the structure is sound and it can function as planned.

The Hyperion Fund functions as a syndicated venture capital fund that provides independent investors access to the earliest stages of investing in blockchain projects.

Ether, the digital asset used on the Ethereum blockchain, functions as a medium of exchange, or «coin,» but also qualifies as a token and even a security.

Broken down further, Ethereum's smart contracts can be thought of as a vending machine, where instead of seeking out a lawyer, notary, or transcriptionist — just one of the industries blockchain technolog tackles — users spend their cryptocurrency (tokens) in exchange for a drafted contract, escrowed transaction, or other transactional function.

Apparently, and as reported by Bittrex, there are some tokens that have low liquidity or that do not have a functioning blockchain.

In this analogy the age of Bitcoin's blockchain is similar to the thousands of years of recorded history where gold functioned not only as a store of wealth but also a real medium of exchange.

Coupit is a revolutionary e-commerce platform that relies heavily on blockchain technology to function as a decentralized marketplace.

Laser has been developed to offer this function of interoperability between blockchain by standardizing properties such as wallet numbers, it will be possible for users of one blockchain to make transactions with users of another blockchain without the use of a third - party exchange.

You will learn the core concepts in the blockchain such as hash functions, mining, Merkle trees, smart contracts, and tokens.

Like Bitcoin, it has a lower tier, which is comprised of the miners and main network functions — such as creating new blocks for the blockchain.

This functions as a token which can be traded on the Ethereum blockchain and changes the status of the artwork to a form of currency — or a representation of itself — which circles back to the initial question of embodiment: are the works in fact the works?

They will allow less mercenary «pay to play» environments, let developers control what functions have to be paid for, and just as you don't directly pay every website you visit to run its webservers and send digital signals to your browser, not every application running on a third generation blockchain platform will nickel and dime users for every little operation.

A blockchain functions as a decentralized database that is managed by computers belonging to a peer - to - peer (P2P) network.

As bitcoin and security expert Andreas Antonopoulos previously explained, blockchain is not the technology behind bitcoin, but one of the four fundamental technologies of bitcoin that needs to synergize with three key technologies to function.

The post goes on to describe Ravencoin as «a use case specific Blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another,».

As a data processing technology, blockchain is largely applicable to many of government's functions and services.

It's currently trading anywhere from $ 200 to $ 300 on various exchanges, but this price is artificially inflated due to many exchanges refusing to accept deposits, as well as the Bitcoin Cash blockchain not functioning properly.

The glut of 2.0 platforms - such as Factom and Counterparty - often function by running abstratction layers on top of the bitcoin blockchain.

A self - evolving network, aelf is a blockchain system designed to function as an operating system similar to Linux, providing increased efficiency and the potential for customization.

The Cardano blockchain functions both as a cryptocurrency as well as a smart contract platform whose development started way back in 2015.

Its cryptocurrency, named as Coinlancer Token (CL) aids in seamless functioning of Blockchain based job market targeted mostly at freelancers.

This is highly erroneous because the blockchain is just one of many technologies that supplement the bitcoin network and allow it to function as a decentralized, distributed, and peer - to - peer financial network.

The banking sector has been touting blockchain tech as a possible way to cut costs and revamp back - office IT functions.

Apparently, and as reported by Bittrex, there are some tokens that have low liquidity or that do not have a functioning blockchain.

Essentially, we see that the publishing of smart contracts and the command to kick off the execution of a specific function or method in a contract are made as actual transactions on the Bitcoin blockchain.

This upgrade reinforces Bitcoin's dominance as the most secure and reliable blockchain, both for day - to - day users of cryptocurrency and enterprise clients seeking non-monetary blockchain functions.

Wanchain not only serves as a link between blockchains; the platform will also function as its own internal blockchain with smart contract functionality, Turing completeness and privacy protection for all network transactions.

They were interested in creating a blockchain that would function as a cryptocurrency and a smart contract platform, but not just any ordinary blockchain.

The application notes each block's cryptographic hash value as an attractive feature, stating that the fact that a blockchain can not be modified by malicious actors acts as an effective security function in protecting asset ownership data.

The center is located in Gaborone, Botswana's capital, and functions as local hub for cryptocurrency and blockchain innovation as well as a focal point for Botswana's local bitcoin community.

The VeChain token (VEN) is described by the company as the «blood» in the VeChain ecosystem, and it carries the value transfer function of the blockchain network and the various commercial activities running on it.

The following year, IOHK was approached by a group of Japanese business people interested in creating a blockchain that would function as a cryptocurrency and a smart contract platform while meeting the needs for the increasing regulatory oversight in the blockchain space.

Caliper is a benchmark tool for blockchain frameworks and relies on a functioning blockchain implementation as the benchmarking target.

Centrality functions as a sort of venture incubator and was initially funded by several investors worldwide who partner with blockchain startups to facilitate application development for equity ownership.

ETHLend is additionally adding a function to tie Ether loans to fiat currencies to avoid volatility and allowing familiar loan agreements for everyone while keeping all benefits that separate blockchain technology from traditional banking: fast transactions across borders, transparency for all parties, and safety - by - design through self - executing contracts, known as «smart contracts.»

The partnership consists of R&D collaboration, shared products and functions as well as combined efforts to educate and inform more people about the possibilities of business on blockchain.

Speaking about bitcoin, here blockchain functions as a supervisory authority that checks whether the transaction is authentic, uncounterfeit, and controls the balance of funds.

«So long as the chains can support the same cryptographic hash function, it is possible to make transactions across blockchains without trust in 3rd party custodians.»

The smoother functioning of the state - run protocols for actual payments and price stability, as well as the heavy hand of state intervention, drives a decreasing interest in all cryptocurrencies and completely sidelines the Bitcoin and crypto phenomenon from a price speculation angle even as the technological promise of the blockchain gallops on.

EOS software is still in development and the people behind the project claim that the basis for the technology have already been developed and tested through Steem.it (a decentralized social network functioning as a veritable blockchain explorer) and Bitshares (a decentralized exchange).

Bitcoin miners would then stop mining as there would no longer be miner rewards, and the Blockchain would cease to function.

«The basic principles behind InChain's organisation and functioning are security and stability enhancement for cryptoeconomy in general, as well as heating up the world community's interest towards Blockchain technology and cryptocurrencies,» the project's founders Sergei Primachik and Dmitri Lazarichev said.

Based on everything we know so far, the only function of the PYPL token is as gas for the blockchain and potentially for paying premiums for its CryptoProtect service.

Currently, there are around 10,000 users on LinkedIn who list «blockchain» as one of their skills, while over 37,000 results appear when searching for the keyword «blockchain» using LinkedIn's «people search» function.

This token allows buyers to access detailed reports regarding listed blockchain projects as well as contact sellers discreetly, among other functions.

Powered by the Blockchain and smart contract technology, Polymath enables digital tokens to represent shares in traditional financial assets like private equity, stocks, debentures, commodities, VC funds, real estate, royalties, and insurance — assets that function far better as tokens.

The technology of a cryptocurrency is as important as its value proposition as without sound cryptography a blockchain - based digital currency can not function.

As a result, the ethereum community is set to adopt a patch for the issue at block 2,463,000 on its main blockchain, a move developers believe will reprice network functions to better incentivize intended use.