Sentences with phrase «immutability provides»

This fingerprint has been associated to a blockchain transaction and hence registered on the blockchain: the blockchain immutability provides robust non-refutable timestamping that will always prove without any doubt the existence of that data in that specific status at that precise moment in time.»

The immutability provided by the cryptographic proofs used in all blockchain technology provides auditable security and allows for uncensored truth.

Smart contracts and data immutability provide improvements to digital signature platforms.

Not exact matches

Blockchain technology can easily remedy the weaknesses of web - based social - finance apps, as the distributed apps that run on a blockchain («Dapps») provide immutability, security, privacy, and efficiency.

Though digital bearer asset technology (the technology behind bitcoin) required a financial reward to compensate the entities that provide its immutability (miners), these firms were quick to offer solutions that promised to remove this supposed burden.

This white paper studies the two major incentive mechanisms which provide for the security and immutability of the Bitcoin blockchain: block rewards and transaction fees.

However, without the security provided by the computing power of the Bitcoin Blockchain, the property prized most — immutability — is no longer a given and is just one hack away from someone corrupting not just identity information, but real value as well.

Powered by smart contracts and secured through encryption, our applications provide the benefits of transparency, auditability, and immutability that are unique to blockchain - based solutions.

- > Also, both networks provide certain guarantees on the immutability of the ledger, even when some participants are of bad intentions

Designed to solve the data storage and management woes of decentralized applications, Bluzelle's DDaaS will use blockchain to provide a solution that removes points of failure, increases the efficiency of scaling, provides improved privacy and immutability of data, and enhances overall performance.

A moderator of the / r / bitcoin subreddit provided a more detailed response, pointing out that «the main feature of cryptocurrencies is their immutability and their ability to support trustless transactions,» rather than anonymity.

Powered by smart contracts and secured through encryption, our applications provide the benefits of transparency, auditability, and immutability that are unique to Blockchain - based solutions.