Sentences with phrase «increased use of blockchain»

Asia is unique in the increased use of Blockchain.

Not exact matches

So it's really in the context of an institution using a blockchain, it's really about increasing the trust in them.

Small said the use of blockchain could increase efficiency and transparency in the sharing of data and that customer feedback has been positive so far.

IBM and a consortium of gold and diamond industry leaders have announced a cross-industry initiative to use blockchain to trace the provenance of finished pieces of jewellery across the supply chain for increased transparency.

The number of use cases for blockchain technology continues to increase.

photo static.dnaindia.com Of events Wednesday: 3 large companies sue social network for the advertising ban crypto; European control of the market increases requirements for CFDs; Ford offers a motion control system that uses tokens; Uphold adds support for XRP; Cocoa Corp announced the launch of the platform the Blockchain; On exchanges is reOf events Wednesday: 3 large companies sue social network for the advertising ban crypto; European control of the market increases requirements for CFDs; Ford offers a motion control system that uses tokens; Uphold adds support for XRP; Cocoa Corp announced the launch of the platform the Blockchain; On exchanges is reof the market increases requirements for CFDs; Ford offers a motion control system that uses tokens; Uphold adds support for XRP; Cocoa Corp announced the launch of the platform the Blockchain; On exchanges is reof the platform the Blockchain; On exchanges is red.

After the resounding success of ICOs in 2017, Invictus Capital expects to see an increase in projects focused on leveraging the unique attributes of blockchain technology towards industry - specific sectors and use cases.

From solutions designed to increase the use of new technologies like the blockchain, to those aimed at giving consumers a more personalized set of products and services, APIs are being used to unlock all kinds of new capabilities.

According to Nasdaq, key benefits of the venture include a seamless, end - to - end transactional process for private - company securities; direct access to global payments from Nasdaq's Linq platform using CitiConnect ® for Blockchain and Citi's cross-border, multicurrency payments service; and increased operational efficiency and ease of reconciliation with real - time visibility of payment - transaction activity on the blockchaBlockchain and Citi's cross-border, multicurrency payments service; and increased operational efficiency and ease of reconciliation with real - time visibility of payment - transaction activity on the blockchainblockchain ledger.

Eleven of the banks — Bangkok Bank, BBVA (Banco Bilbao Vizcaya Argentaria), BNP Paribas, HSBC, ING, Intesa Sanpaolo, Mizuho, RBS (Royal Bank of Scotland), Scotiabank, SEB and US Bank — are preparing to use R3's blockchain software Corda to test an application aimed at cutting costs and increasing efficiency in the processing of sight letters of credit, which, as it is intended, will be payable immediately upon receipt of the letter and supporting documents by the relevant financial institution.

The use of a payment blockchain solution will see increased efficiency, transparency and security as well as

Where Bitcoin's transaction speeds average 7 transactions per second, new blockchain - based currencies are already approaching thousands of transactions per second; Bitshares claims they can process 100,000 per second.In fact, a newspaper in Winnipeg, Canada, has already begun to use a micropayment system to charge per article for its news content and projects earning over $ 100,000 in digital revenue.Blockchain could tilt the balance of power towards individuals, not publishing powerhouses.As mentioned previously, YouTube and Medium have dramatically increased content creators» access to audiences and established a more democratic, popularity - based promotional scheme.

As blockchain becomes more widely used, issues of security and scale and variety will create issues of greater concern to and increasing number of people.

The star of the show was the increasing use of technology in the legal field, ranging from blockchain to Watson to chatbots that can rate — and communicate — a potential case's value nearly immediately.

Other examples include the increasing use of AI software in contracts and blockchain, which will have a profound impact on contract and commercial legal areas.

Liquid increases the security of funds and helps boost market liquidity for business models using blockchain, the Blockstream website claims.

The car maker said that blockchain technology may even be used to increasing the safety and enhancing the capabilities of autonomously driven vehicles.

As we see the rise of more startups using blockchain to drive transformation across the digital information ecosystem, they are helping to increase awareness of the technology in sectors that range from financial services and the supply chain to infrastructure and public policy.

As we see the rise of more startups using blockchain to drive transformation across the digital information ecosystem, they are helping to increase awareness of the...

As many as 60 % of the data in the blockchain currently consists of signatures, and this number will only increase because of the increasing use of multisignatureaddresses.

SegWit - SegWit is a soft fork that changed the rules of the transaction format used in the Bitcoin blockchain and increased the block size limit.

This would increase the scalability of using bitcoin for payments by reducing the number of transactions that must be confirmed by the Bitcoin network and added to the blockchain, with the main benefit being that bitcoin does not need to be entrusted with a central third party as with other off - chain payment solutions.

Faster transaction times and generally increased acceptance of the blockchain technology used to exchange cryptocurrency has seen several high - profile investors including Mark Cuban, John McAfee and even actress Gwyneth Paltrow.

Also read: BLOCKCDN TV BOX MINER USES SPARE BANDWIDTH TO MAKE COIN Prominent themes panelists foresaw included continued investment in blockchain specific startups, steady and increased adoption of Bitcoin for shopping and remittances, and a rise in the bitcoin price.

In addition, a robust economic analysis of blockchain tech implementation inside supply chains reveals an end - to - end win - win scenario where services are leaner and thus less costly operationally — and in terms of overhead, the innovative potential of businesses along the supply chain is drastically increased in the presence of highly robust employee training programs on blockchain usage and use case implementation.

Many countries have begun to test the use of blockchain technologies, which hope to increase the efficiency and transparency of governmental systems.

Using currently existing blockchain based technologies we can increase the security, enhance the traceability and provide easy tradability of eWarranties.

According to Mr. Nwuke, there was and continues to be an increased use and development of the blockchain technology by Africans with Tunisia being the first African nation to place its fiat currency on a blockchain.

There are plenty of copycats emerging from the woodwork, so there's no guarantee that an increase in blockchain use equals an increase in the Bitcoin price.

WePower is an eco-friendly blockchain project that seeks to increase the use of renewable energy by creating a token - based...

Several technological innovations hence, the growth of blockchain plethora have increased to record figures with more than 26000 projects which have started in 2016 itself using open - source platform Github.

Reasons for this are the increasing transactions fees for using the Ethereum blockchain as well as the increasing confirmation times of these transactions.

Firstly, blockchain has provided new ways for gamers to use these virtual items inside and outside of the game, increasing the overall functionality of these items.

Designed to solve the data storage and management woes of decentralized applications, Bluzelle's DDaaS will use blockchain to provide a solution that removes points of failure, increases the efficiency of scaling, provides improved privacy and immutability of data, and enhances overall performance.

Increasing improvements to blockchain technology — which allows for the transfer of ownership without the use of a centralized third party (such as a bank)-- has resulted in the mass availability of blockchain «smart contracts.»

Our QASH token will also be used to fuel our QASH blockchain services, further increasing the utility of QASH as the preferred token for financial services.»

The blockchain technology used in mining bitcoins has increased prominence over the years which have increased the interest of users in the bitcoin market.

«The use of Blockchain will be aimed at increasing the availability of information on the property registry, guarantees of protection of property rights, as well as the level of citizens» trust in the sphere of turnover of real estate.»

Infrastructure: Jaxx has increased and improved the infrastructure used to operate nodes on the variety of blockchains supported.

Key topics include implementation of blockchain technology in business, legal regulation of cryptocurrencies (practices of various jurisdictions), increase of living standards using new technologies, development of smart contracts in the decentralized economy.

For example, to increase the privacy of transactions and to implement Smart Contract applications, Rootstock and Blockstream want to use closed and federated sidechains to overcome limitations of public blockchains.

He noted that a recent surge in transactions on the bitcoin network increased verification times to as high as 43 minutes, which he suggested was a sign that blockchains more broadly would perhaps struggle to accommodate the volume of existing technologies used by firms like DTCC.

Traders will need to decide whether the value of Ether will increase as more people start using smart contracts and the Ethereum blockchain becomes more widely used.

Align Commerce CEO Marwan Forzley framed its diverse set of backers as evidence of the increasing interest in using both bitcoin and its underlying payments rail, the blockchain, as a tool to lower the costs of cross-border payments.

The members of the international platform will collaborate with regulators in various jurisdictions and shape an international blockchain policy framework in order to «to foster a greater understanding and increased use of digital asset,» as stated in the Global Blockchain Forum presblockchain policy framework in order to «to foster a greater understanding and increased use of digital asset,» as stated in the Global Blockchain Forum presBlockchain Forum press release.

To recap, SegWit has been proposed as a means of effectively increasing the capacity of bitcoin transaction blocks by changing how the space within them is used, rather than outright increasing the size of the data blocks on the blockchain.

Articles in discussion as follows: - Bitcoin outperformed the altcoin portfolio by 3.8 x over the past three years; Fiat currency devaluing at alarming rate in Bangladesh; Hackenergy 2016 was a two - day Dutch hackathon sponsored by ENGIE Nederland; Investor cash levels jumping to levels not seen since 9/11; monthly volume of cross-border payments settled via Bitcoin is increasing at an exponential rate; Pentagon $ 1.8 M Deal to Use Blockchain for Data Security; Swiss banking giant UBS has named a new head of blockchain; Visa has announced new details about a forthcoming business - to - business payments service developed in partnership with blockchain startup Chain... MasterBlockchain for Data Security; Swiss banking giant UBS has named a new head of blockchain; Visa has announced new details about a forthcoming business - to - business payments service developed in partnership with blockchain startup Chain... Masterblockchain; Visa has announced new details about a forthcoming business - to - business payments service developed in partnership with blockchain startup Chain... Masterblockchain startup Chain... MasterCard next?

A good example would be that of Walmart, which is using Blockchain technology to increase food safety, by offering the traceability from its origin to the consumer.