Sentences with phrase «known as the blockchain»

Innovation is the answer and the creation of distributed ledger technology, known as Blockchain, is the technology that will work.

Innovation and the creation of distributed ledger technology, known as Blockchain, is the answer.

It's organized through a network known as a blockchain, which is basically an online ledger that keeps a secure record of each transaction all in one place.

Like other virtual currencies, such as Ethereum and Ripple, bitcoin has no central authority and relies instead on thousands of computers across the world that validate transactions and add new units to the system - technology known as blockchain.

The mining computations serve to verify Bitcoin transactions on a digital ledger known as the blockchain, ensuring security; they also have the downside of being extremely energy intensive.

Thanks to innovations in artificial intelligence and distributed ledger technology known as blockchain, augmented reality is poised to transform the software used to manage supply chains.

So rather than focusing on Bitcoin as a speculative currency, the true focus should be on the underlying technology, known as the blockchain, and related «sidechains» that result in speedier payment methods, reduced financial friction, and anonymity, as well as accountability and transparency.

The heart of the Bitcoin network is a shared, public record of Bitcoin transactions known as the blockchain.

All Bitcoin transactions are recorded on a ledger known as the blockchain, which is maintained by many independent computers.

The underlying technology securing bitcoin is known as the blockchain.

In order for this system to work, it was necessary to create a new technology known as blockchain.

However, cryptocoins are changing these outdated notions of physical cash or third parties and storing the digitized format of your funds on a digital database known as a blockchain — the technology that was introduced by Bitcoin.

However, Nakamoto was the first one to put these previous achievements together and bring about the distributed peer - to - peer system (now known as the blockchain) to life, thereby enabling digital currency transactions.

The value proposition of Bitcoin is in it's game - changing technology known as blockchain - a digital decentralized ledger.

The technology that powers the Bitcoin system, known as blockchain, is a computer program that automatically processes transactions and creates a perfect, reliable digital record — a move in the right direction for more transparency.

A collection of these transactions is then verified by miners, and transmitted to all users of the cryptocurrency as a block, to be stored on the chain known as a blockchain.

Instead, the currency is managed through a distributed accounting system known as blockchain, and its value is governed purely by market forces.

The second is KYC Chain, which offers a platform that provides greater convenience and security to users of distributed ledger technology (also known as blockchain).

The exchanges are recorded in what is known as blockchains, which make up the underlying infrastructure supporting the currencies.

Bitcoin combines encryption and distributed computing to create a digital chain (known as blockchain) of verifiable transactions.

By logging digital credentials on the secure, decentralized, public ledger known as the blockchain, fraudulent credentials and mistrust between learners and verifiers are no longer problems.

The index, which is created and administered by Indxx, LLC, tracks the performance of exchange - listed companies across the globe that are either actively using, investing in, developing, or have products that are poised to benefit from a new technology known as blockchain.

A cryptocurrency unit, such as a bitcoin or ether, is a digital token created from code using an encrypted string of data blocks, known as a blockchain.

Bitcoin is one way of using a more general technology known as blockchain.

Transactions effected through bitcoin are logged publicly on a distributed ledger through a process known as blockchain.

Moreover, the underlying technology and network that process Bitcoin transactions, known as blockchain, is transforming industries as varied as finance, banking, healthcare, farming, logistics, insurance, retail, construction and manufacturing, to name a few.

However Maechler said some of the technology used in cryptocurrencies such as distributed ledger technology, also known as blockchain, had potential.

Though the cryptocurrencies, rooted in a technology system known as the blockchain, have each since recovered some of their losses, they have yet to come anywhere close to their highs.

By bringing the power of the blockchain to this new economy, Zipper hopes to bring together two of the most powerful advances of the 21st century — the sharing economy and the secure and robust payment system known as blockchain.

As excitement builds around cryptocurrencies and their underlying technology, known as blockchain, Starbucks aims to take

Jeff Garzik, one of a handful of key developers who helped build the underlying software for bitcoin that is known as blockchain, has seen its shortcomings firsthand.

The rise of distributed ledger technology, commonly known as blockchain, has been highly controversial since the beginning.

On the bitcoin network, all transactions are recorded forever, on a public ledger known as the blockchain.

Bitcoin first became widely known as a currency, but many say the technology behind it, known as the blockchain, is what really has the potential to upend the financial system as we know it.

Cryptocurrencies and the underlying technology behind it, known as Blockchain, have received...

The authority said it wasn't concerned with the underlying technology, known as blockchain.

Since coins like the popular ones of bitcoin and Ethereum are all stored on types of distributed ledgers known as blockchains, the tokens they created were only stored on local servers, thus the companies ability to have complete control.

Meanwhile, the technology behind Bitcoin, known as blockchain, has become the financial and tech industries» new buzzword.

The economic development department and a company known as Blockchain Industries opened a three - day conference known as Blockchain Unbound at The Condado Vanderbilt on Wednesday.

The technology behind cryptocurrency known as blockchain, is a revolutionary system that could change the way we pay forever.

Rather than using a public ledger otherwise known as blockchain as a store of transactions, the Lisk network uses modules.

The new company is seeking to eliminate many of the inefficiencies and opaqueness that have developed on Wall Street by utilizing the speed and security of cryptographic distributed ledgers known as blockchains to enable faster markets that are more efficient, and exhibit lower costs with increased liquidity, transparency, and security.

Enormous resources are being invested in developing the distributed open ledger known as the blockchain.

Cryptocurrencies were first developed to be a simple application to work on a breakthrough platform known as a blockchain, a cryptographic technology.

The bitcoin network releases 12.5 bitcoins (about $ 50,000 worth, at the current bitcoin price) every 10 minutes to a miner as an incentive for checking bitcoin transactions and adding them to the cryptocurrency's immutable, distributed ledger, known as the blockchain.

Bitcoin, the first of the cryptocurrencies employed the best technologies for the encryption and security of the transfers and funds known as the Blockchain technology.

With the hype surrounding cryptocurrencies continuing to grow, more people are hearing about the underlying technology known as blockchain.

The blocks are then strung together to form the decentralized open ledger known as the blockchain that's one of the currency's biggest selling points.

Every single bitcoin payment is recorded in a digital public ledger known as the blockchain.

The blockchain network which also knows as blockchain technology comprises of powerful miners, pools which work on the language of hashrates.