Sentences with phrase «ledger system»

The blockchain is a digital, distributed ledger system for recording and sharing information.

However, it relies on a centralized, public ledger system requiring a neutral third party.

The core responsibilities of a general ledger accountant includes month - end closing, reconciliation of material financial statement accounts, research, and recording monthly journal entries into the general ledger system.

For one, the blockchain is a decentralized ledger system that makes monitoring tougher because it lacks a central body to be held to account.

If we make our bet on a blockchain shared ledger system, we don't have to trust each other or seek the help of third parties to enforce our bargain.

Having a distributed ledger system also means that there is no centralized authority who holds all the records (and thus, have all the power).

So ledger system, decentralized and it offers a way that I think is useful to understand that it gives you a technological way to communicate trust.

It is based on the distributed ledger system with no central authority such as a central bank or government.

Like many other projects, it uses the decentralized distributed ledger system, where users can publish, store and own data.

Yes, the idea of a blockchain - like public ledger system may have applications in other areas of business, but the bitcoin blockchain itself needs bitcoin.

Provides accounting support for mergers and acquisitions by reviewing financial information; converting data to general ledger system; obtaining supplementary information for preparing financial statements.

The change is coming, so excited shared ledger systems are the foundation of economic activity for humanity and technology should have never been any other way.

will offer interoperability between ledger systems by implementing ILP, which is a payments protocol designed to transfer value across distributed and non-distributed ledgers.

Quilt will offer interoperability between ledger systems by implementing ILP, which is a payments protocol designed to transfer value across distributed and non-distributed ledgers.

My colleague Robert Hackett delves into the ever - expanding world of blockchain technology, the distributed digital ledger system that's beginning to work its way into industries ranging from the banking to health care to food sectors.

Likewise, the paper is not concerned with an analysis of permissioned networks, in which a group of entities or entity manages a blockchain - based ledger system in a more centralized manner.

1 — Most digital currencies, like Bitcoin, Ethereum have a well - known public ledger system where transactions are easily visible and traceable via their block explorer.

While there was a lot of hype regarding private, permissioned ledger systems in 2015 and 2016, Dunworth has been consistent with his preference for public, permissionless systems such as Bitcoin.

Bankchain is «the first consensus - based ledger system exclusively for financial institutions,» states the still very basic Bankchain website.

While the decentralised open ledger system of the blockchain can not be hacked, there are peripheral businesses that can and have been hacked due to negligence.

For the online gambling industry, cryptocurrency's appeal lies in its promise to cut out the middlemen, along with their outrageous fees, and help secure transactions with the distributed ledger system for decentralized transactions with massively lower fees.

Alexey Moiseev, the Russian deputy finance minister, said earlier this year that the government was heading towards the official acceptance of cryptocurrencies, in part because their public ledger system makes transactions quite easy to trace.

Originally designed to facilitate the exchange of virtual currency such as Bitcoin, the blockchain is an electronic ledger system which is decentralized by nature.

There a lot of good reasons for the hype — not least because digital currency and blockchain technology (an online ledger system that relies on multiple computers) has gone mainstream — but also reasons for caution.

The research revolves around an online demonstrator of InterChainZ, Z / Yen's prototype distributed ledger system developed in - house.

The distributed ledger system powered by Blockchain technology which no supreme maintaining authority but worldwide accessibility is the tool which holds the power to change the face of global civilization.

This was to be an open ledger system on which transactions of anything of value, be it currency or even tokenized titles of traditionally non-liquid assets can be recorded between individuals in a very fast, highly efficient, and completely non-restrictable manner.

As the sun set in India on Satyam and PwC due to their collective corrupt undertakings, in the land of the raising sun — Japan — a new triple - entry accounting ledger system made its world debut on Jan. 9, 2009.

Like Bitcoin, Musicoin is a cryptocurrency based on a decentralized ledger system spread across computers around the world.

Key member of new general ledger system team which integrated Baskin - Robbins into Dunkin' Donuts system.

1986 - 1992 Zhongshan Electronic Group Corporation, Nanjing, P. R. China Senior Cost Accountant, Financial Analyst & Assistant Controller Maintained the general ledger system Performed cost analysis, budgeted expenditures, forecasted cash flow Prepared financial statements and internal auditing reports Assisted in training junior accountants

Participated in the successful conversion to the G.T.E. hospital - based general ledger system without any interruption of accounting operations.

Data could be put back into people's hands by a digital ledger system like the blockchain behind bitcoin, and it could push governments to the sidelines

SETL is a permissioned ledger system that aims to be as palatable to top - tier banks as possible, with a view to moving cash and assets immediately and achieving settlement finality of transactions, International Business Times reports.

«Like most new technologies, distributed ledger systems also pose certain risks and uncertainties which market participant and financial regulators will need to monitor,» the Financial Stability Oversight Council, a group of US regulators said.

A blockchain benchmark tool, which offers interoperability between ledger systems by implementing ILP, which is primarily a payments protocol and is designed to transfer value across distributed ledgers and non-distributed ledgers.

The management team is leveraging its strong experience in foreign exchange trading and investment banking, including IPOs, to advise companies on token issuance and initial coin offerings (ICOs) on the more efficient digital ledger system.

Since «altcoin» currencies are not based on a commodity value, the profitability of an underlying business or the full faith and credit of a national treasury, the adoption of better designed shared ledger systems is sure to burst the Bitcoin bubble.

Hyperledger Quilt offers interoperability between ledger systems by implementing ILP, which is primarily a payments protocol and is designed to transfer value across systems — both distributed ledgers and non-distributed ledgers.

For example: Blockchain is basically an open ledger system that everyone can search.

Virtual currencies such as bitcoin rely on this digital public ledger system to guard against fraud, an approach that could likewise secure the coming Internet of things

Concerning this topic, Deconomy welcomes top players in the field to discuss the potential of distributed ledger system in a regulated industry.

For the online gambling industry, the appeal lies in its promise to cut out the middlemen, along with their outrageous fees, and help secure transactions with the distributed ledger system for decentralized transactions with massively lower fees.

Google, who was recently in the news to ban cryptocurrency ads, is reportedly planning to build its own blockchain technology based ledger system, as reported by Bloomberg.

So there is this cryptocurrency aspect of Blockchain, when people looked at Blockchain they said, this decentralized ledger system, so I can go back and publicly look at anything that happened on the ledger, even though the details of that transaction are encrypted, it has potential benefits in a lot of areas.

Gnucash is first and foremost just a general ledger system.

The Monetary Authority of Singapore also signaled their intention to encourage banks to consider the many applications of the blockchain in the financial sector where distributed ledger systems may potentially be «applied in any area which involves contracts or transactions that currently rely on trusted third parties for verification».

But as it and other digital «cryptocurrencies» have evolved, along with the public ledger system that makes up the blockchain, much of the bitcoin economy has been increasingly overtaken by big money — or by entrepreneurial prospectors who want to grab a piece of the bubblicious ICO phenomenon.