Sentences with phrase «immutable transactions»

Litecoin's unique combination of low fees, high throughput and secure immutable transactions is a great fit for its use as programmable money.

However, there was also potential for good in terms of helping populations living with unstable banking systems, allowing ease of micropayments, allowing immutable transactions, and more.

With the use of a Bitcoin wallet, Bitcoin betting allows players to enjoy faster and immutable transactions — and that's what we love about them here at BetKing.

Not exact matches

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.

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.

One example of a company in the space is Everledger, a provider of an immutable ledger for diamond ownership and related transaction history verification for insurance companies, owners, claimants, and law enforcement agencies.

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.

Blockchain solutions could improve efficiency in real estate transactions by reducing paper documentation and immutable ownership records.

Essentially a transparent, decentralized database, Blockchain technology is inherently secure and all transactions are immutable.

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.

Once a transaction is written into the block, it becomes immutable: it can not be edited or deleted.

With its ability to validate all transactions in an immutable electronic ledger, the blockchain has the potential to be as disruptive as Amazon was in the late 1990s.

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

George E. Smith says: «CO2 can not (get involved in latent heat transaction) since it remains immutable in the atmosphere for thousands of years.»

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.

Your application expects the paper trail to have the following properties: 1) no one can change it (immutable); 2) no one can forge it (authentic); 3) no one can spam it (transactions cost a fee or require proof - of - work).

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.

It's decentralized (doesn't have a single point of failure), secure (utilizing cryptography to validate every transaction), immutable history (write - once, spend - only attribute of the ledger), efficient (exchange of information is fast and easy) and transparent (everything is documented).

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

Because of the decentralized and immutable nature of transactions, this becomes an ideal venue for executing agreements between two parties.

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 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.

The transaction will be instantaneous, but more importantly secure because by using cryptocoins every transaction will be recorded and immutable.

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.

Donations are converted into GIFT tokens, allowing the subsequent path of the contribution to be tracked from end - to - end on the blockchain, while providing immutable proof of transactions, the company said, in a statement.

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 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).

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

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

Bitcoin is considered immutable because changing any part of any transaction retroactively would alter the transaction ID, in turn altering the block header.

The blockchain is an immutable open - source distributed ledger network that publicly records all bitcoin transactions.

Best known as the immutable database that runs underneath cryptocurrencies like Bitcoin and Ethereum, blockchain is poised to play a critical role in every industry imaginable as businesses seek ways to cash in on the distributed ledger technology's promise of enabling a «trustless» consensus to validate transactions.

We get a wider reach of potential investors, lower costs of trading and an immutable audit trail of transactions on the blockchain.

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.

Moreover, given the immutable nature of the blockchain, all transactions are tracked and any funds that are eventually exchanged for Fiat can link you with the Bitcoin that has entered your address.

Bitcoin provides a novel way of conducting financial transactions in a censorship - free, borderless, and immutable space secured by the most powerful computer network in the world, the Bitcoin blockchain.

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

To prevent against this users require that the txid of the transactions involved be known in advance and preferably immutable so that, once handed over to monitoring peers, additional user intervention is not necessary and penalty transactions can be enforced.

Secure and immutable receipts accompany every transaction to ensure full transparency though the use of Blockchain tech.

The smart contracts governing the transactions of the TEU tokens are coded with a set of immutable conditions, and neither of the parties will be able to alter what has been agreed upon.

Likewise, because transactions in the blockchain can have an arbitrary type of data attached, and the blockchain is immutable (unchangeable)-- i.e. its complete history is preserved forever on every computer and can not be altered, as explained in the blockchain post, it is possible to send along information that's deemed illegal in certain countries — pedophilia, pirated material, government secrets... This would make the medium containing this illegal information (the blockchain itself) illegal to use.

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.

Also, the immutable nature of the blockchain is ideal for transactions, including point exchanges between loyalty programs.

One of the core capabilities of the Bitcoin blockchain is to make transactions immutable.

Without Blockchain technology, there was no «decentralized, immutable, transparent» ledger in which transactions could be recorded, leading to a centralization.

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.

In fact, when banks refer to blockchain technology, they are actually referring to the bitcoin protocol not the immutable ledger of transactions.

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