Sentences with phrase «function of a blockchain application»

And these days, if one is speaking of a register, one may speak of a distributed ledger: perhaps electronic transferable records will be a function of a blockchain application.

Not exact matches

While applications of blockchain in this capacity have a long way to go until they are fully formed, implemented, and enforced, possibilities abound for using this technology to enhance firms» administrative functions.

The blockchain shared ledger functions like an operating system — think Windows or MacOS — that forms the foundation for the development of specific applications.

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.

The new data center, which will be KnC's fourth data center in The Node Pole, is a direct response to a growing market demand, where not only cryptocurrency functions but also a growing number of other blockchain technology applications drives an increasing global market demand for smart and efficient computing capacity — an area where KnC's combination of smart computing hardware, software models and attractive business applications has led to them dominating in the global market.

TokenBnk has added its name to the list of most interesting blockchain startups when it launched a decentralized application that functions very much like a traditional savings account.