Sentences with phrase «immutable public»

The aspects include a permanent, immutable public record; a path towards paperless land transfers and «e-deeds»; and reduced costs for offices across the country that plans to upgrade electronic document processing systems.

According to a press release from the Cook County Recorder of Deeds, the office has identified three aspects of blockchain technology that make it a viable option for their activities: a permanent, immutable public record that is immune to well - funded nation - state attacks; a path towards paperless land transfers and so - called «e-deeds»; and reduced costs for offices across the country that want to upgrade electronic document processing systems.

Given that the blockchain is an immutable public ledger, anyone can analyse it and trace payments.

Bitcoin uses the blockchain, an immutable public ledger where all transactions are visible, showing sent and received outputs and inputs.

By using the blockchain, an immutable public ledger, All Public Art is able to establish a global peer - to - peer marketplace that is resistant to the sale of counterfeit artwork.

Having an immutable public ledger is the only thing that can guarantee a blockchain is decentralized.

Remember the key results that intrigue people are decentralized proof of validity, improved speed, ease and costs of transactions (i.e., reducing friction), and an immutable public ledger with all relevant history.

Like the cryptocurrency bitcoin, Ethereum is based on the blockchain, an immutable public ledger that records the movement of data.

Not exact matches

Bitcoin is open and viewable by everyone in the world, and what makes it amazing is this public ledger called the blockchain, which is immutable; meaning transactions in the blockchain can never be changed once verified.

By harvesting the health - promoting ionic minerals found in the Great Salt Lake and making them available to the general public, they are committed to being the immutable source for the minerals necessary to maintain proper health.

Tuition vouchers and similar plans make the playing field more unlevel by continuing to permit private schools to cast aside the immutable rights of students in public schools even when they accept public funding.

I am skeptical of Roger's assertion that the public's willingness to pay for GHG mitigation is immutable, but I need evidence rather than my gut feelings if I'm going to turn my skepticism into an actual argument that Roger is wrong.

While, there is a lot of privacy with Bitcoin, it is not at all anonymous because every bitcoin transaction ever made is public to the entire world on an immutable ledger.

The concept of an immutable, public, and auditable ledger is very attractive to some, especially banks.

Public blockchains are supposed to be everlastingly immutable, but are immature and have not yet figured out how to deal with unknown issues, as we have seen with the recent issues with The DAO.

For the relying party, the option exists to store the provenance rather than the attribute on public and private blockchains and distributed ledgers, thus providing an immutable audit trail for assurance without the compliance risk of collecting, managing and holding the data.

The public nature of distributed ledgers also means that transactions are immutable and irreversible.

However the public and immutable Bitcoin Blockchain Technology can be put to use for processing diplomas and academic credentials since it does not require high data counts and flexibility for processing.

The bitcoin blockchain is an immutable decentralized peer - to - peer network that processes financial transactions and allows all bitcoin transactions to be viewed on a public ledger.

The reality is that Bitcoin is well known for using a public ledger (blockchain) that contains an immutable list of transactions of everyone that makes use of the Bitcoin ecosystem.

One such control may very well be the use of the integral technology of blockchain and require the creation of a structure which would permit the storage of immutable regulatory data communicated by companies through public, consortium or fully private distributed ledgers.

The Bitcoin protocol was developed such that all transactions are placed on a public and immutable ledger called the blockchain.

It has the potential to bring together the vast amount of property information currently stored in many private and government databases, including all legal and transaction history, via a single digital address stored on an immutable, public distributed ledger.