Sentences with phrase «immutable record of»

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.

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

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.

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.

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.

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

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

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.

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.

Not exact matches

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

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.

Blockchain is the software that makes bitcoin possible, providing an immutable and transparent means of recording each time the digital currency is transferred from one person to another.

Blockchain has the power to fix all of that by creating a consistent, immutable record that can not be distorted.

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

«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.»

This decentralized computing network sends and records transactions on the Bitcoin «blockchain» — an immutable and irreversible ledger of every transaction that's ever taken place on the Bitcoin network.

Blockchain is a shared, immutable ledger for recording the history of transactions.

The secure, immutable and transparent nature of blockchain will allow attorneys to record and authenticate many types of legal matters.

From there, PactSafe can arm you with 3rd - party, immutable PDF records for every single user or customer — created right at the moment of acceptance.

Using peer - to - peer networks to chain together blocks of records, blockchain creates an immutable ledger of transactions that is extremely difficult if not impossible to modify.

PactSafe also provides 3rd - party, immutable PDF records, for every single user — created at the moment of acceptance.

From there, PactSafe can arm you with 3rd - party, immutable PDF records of clickthrough acceptance for every single user or customer — created right at the moment of acceptance.

ith push - button updates, immutable audit trails, and automated records of acceptance and consent.

arm you with 3rd - party, immutable PDF records of clickthrough acceptance for every single user or customer — created right at the moment of acceptance.

PactSafe's click - through technology provides confidence that your online contracts are protecting your business with push - button updates, immutable audit trails, and automated records of acceptance and consent.

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.

Because blockchain is a distributed ledger of transactions, military mobile votes become immutable and tamper - proof once recorded.

While most saw this as a positive step, there were others who saw it as a rejection of everything that blockchain stood for: an immutable and transparent record of contracts and transactions.

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 a newbie, Blockchain is an immutable digital transaction ledger, a repository where every stage of transaction is recorded which can not be altered, and where data is secured from tempering and revision.

This ledger is immutable (meaning that once a transaction has been recorded, it can never be removed) and highly replicated (meaning that each transaction is copied thousands of times by everyone who runs the Bitcoin software).

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.

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.

They record information in a distributed ledger in a way that is both secure and immutable; by being distributed among many users these ledgers are resilient with no single point of failure, and they can be (depending on design), transparent to all users.

All operations are recorded on the platforms» blockchains, so there is an immutable ledger of all transactions that take place.

Featuring built - in cryptography techniques, Blockchain applications are based on distributed network consensus to keep records of digital events immutable.

Blockchain technology is an immutable distributed digital ledger used to process and record transactions in real - time across a network of computers.

The Ethereum network gives an immutable, and 100 % accountable track record of the token sale evaluation from a globally diverse group of crypto experts that comprise the WINGS community.

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.

Blockchain's decentralized ledger technology nails down the authentication of data in a fashion that guarantees that it is tamper - proof because of the immutable nature of the record.

One of the many reasons that people are so bullish on blockchain technology is the fact that transactions are recorded on an immutable ledger that is 100 % secure from external actors.

Stratumn has developed an open standard called Chainscript for recording states of data and workflows, and leverages the Blockchain's ability to store data fingerprints and create immutable and verifiable proofs of their existence.

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

Because records are stored by all of the users in a blockchain network, the immutable quality of the technology creates a secure system where the validity of information can be verified.

The Ethereum network gives an immutable, and 100 percent accountable track record of the token sale evaluation from a globally diverse group of crypto experts that comprise the WINGS community.

This distributed and immutable digital platform of transactions and records has the potential to revolutionize countless industries over the next decade.

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.