Sentences with phrase «immutable public ledger»

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

Hicky, for example, is an Ethereum - based platform that allows user verification through face scanning and voice identification while ensuring data safety by storing it in an immutable public ledger.

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.

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

As you probably know, the bitcoin blockchain is an immutable public ledger made up of blocks.

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.

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

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