Sentences with phrase «immutable record»

This would create a digital, immutable record of how the collateral had been used and would make it easier and quicker for State Street to return the collateral to the borrower's account once their lending position had been unwound.

Core characteristics such as immutable records, security, and efficiency means that it can be integrated into a wide variety of industries, such as supply chain management and

Get an overview of how commercial real estate stands to benefit greatly from immutable records.

By design, data from many different IT systems can be integrated into the ODN and stored in a distributed cloud, while hashes or «fingerprints» of the data are stored on the blockchain for immutable record keeping.

Researcher Bob Wolinsky looks at the challenges facing permissioned blockchains, arguing they are unable to provide immutable records.

Vitalik Buterin, Ethereum founder and Partner at Fenbushi Capital, says Tierion makes immutable records and proof - of - existence «easy» and believes the company displays an «interesting approach» to anchoring.

«In general, if the transactions are gathered together in blocks, and it is blocks that are secured on the chain using cryptography, and it is designed to be tamper - resistant and produce immutable records, the system qualifies as a blockchain,» she said in an email.

«Tierion makes it easy for developers to integrate proof - of - existence and immutable records into existing applications.

Big banks are increasingly betting that blockchain software, which underpins bitcoin and creates an immutable record of transactions, will provide a cheaper and faster alternative to legacy money transfer systems.

But he says Fidelity continues to learn valuable lessons, including about recent campaigns by miners to create so - called «forks» in blockchains, which serve as an immutable record of all cryptocurrency transactions.

Proponents say an immutable record of votes cast could have the certainty of paper with the convenience of digital access and storage.

What good is having immutable record - keeping and shared digital trust if you can't kick it off with a rip - roaring banger?

With banks under increased regulatory scrutiny, the ability to prove via an immutable record that their trillions of dollars of daily transactions have been carried out in clients» best interests, not just their own, could prove invaluable.

«It creates this immutable record in a way that's superior to the type of records that are kept now on central servers that can be hacked.»

One is a database entry in a single system, another one is an immutable record of history in a decentralized ledger.»

Participants can depend on the immutable record of transactions at the heart of the Blockchain to reduce the cost of long term record keeping.

When a business issues a request to an advertising ledger for a specific message, it can then check back once the request has been fulfilled in order to benefit from an immutable record of the ad's delivery time, duration and performance.

Built for compliance with all major electronic signature laws, and backed by encrypted, immutable records, you can be confident that your contracts are safe, secure, and legally binding.

a decentralized database shared across a network of computers creating an immutable record in which no single party can alter the data

For those open - minded lawyers prepared to engage the possibilities, blockchain — a decentralized database shared across a network of computers creating an immutable record in which no single party can alter the data — presents a tremendous opportunity to participate and play a critical role in shaping how the technology gets used in practice.

This is a particular use case where blockchain's transparent and immutable record - keeping shines.

A distributed ledger can address this challenge by creating an immutable record of transactions on any asset, idea, creative work, and the like.

Blockchain encrypts all sensitive data and publicly lists insensitive data so that active users can use the immutable records to allow for the addition of a block of transactions to the ledger.

For those unfamiliar, blockchain is the digital, distributed, and decentralized ledger underlying cryptocurrencies that's responsible for keeping an immutable record of all transactions without the need for a financial intermediary.

Previously, the company was able to locate where the stolen money from Mt. Gox and Bitfinex ended up: Bitcoin keeps an immutable record of all transactions — a literal money trail — so anyone can see the addresses of the digital wallets where funds are sent.

Blockchain is potentially capable to create a fundamental change in taxation by allowing to keep a track of every single thread of a transaction in an immutable record.

As a source of transparent, authoritative and immutable records, mutual distributed ledgers foster better coordination through improved trust and the faster distribution of targeted information between parties.

Blockchain analytics The Blockchain contains an immutable record of every transaction in history, which provides the ability (through big data mining and advanced data analytics) to trace nefarious uses of digital currency.

This was an immutable record of all transactions that has taken place that could be easily verified.

The EOT Blockchain is an immutable record of all EOT transactions, stored on a network of computers thus creating a distributed ledger of all transactions.

Because the blockchain keeps an immutable record of every single fraction of bitcoin moved in and out of these wallets, it's surprisingly easy to trace the flow of bitcoin from one wallet to another.

These include faster settling times, lower transaction fees (which enable microtransactions), higher privacy and the ability for transparent and immutable record keeping.

«Sharing one immutable record may have the potential to reduce or even eliminate the need for the reconciliation of multiple records linked to a single trade among and between dealers and other organizations.»

Blockchain technology addresses the many supply chain challenges as it establishes an immutable record shared of all the transactions among network participants that is updated in real time, enabling permissioned parties in a private blockchain environment access to trusted data in real time.

In addition to exploring and interacting with Decetraland's 3D virtual world, users can also purchase land as well, creating an immutable record of ownership on the Ethereum blockchain.