Sentences with phrase «ledger technology currently»

A panel at a recent cryptocurrency event hosted by the Cato Institute discussed the differences between public blockchains (such as Bitcoin) and the distributed ledger technology currently being researched by various Wall Street firms...

Not exact matches

The currently outdated processes that litter this area of banking, coupled with the sector's overall size, means that it is ripe to be upgraded by distributed - ledger technology, in terms of cost and efficiency.

IT implementations are really expensive so the cost savings generated by distributed ledgers will need to be justified versus what the world currently looks like within the technology layer of a bank.

Many believe that private blockchains currently being considered are not blockchains, but rather, distributed ledger technology which has already existed.

There are several code contributions to the project: these are currently separate standalone distributed ledger technologies (DLTs) that all show promise, rather than «parts of a whole».

While the patent is currently in the review process and is yet to be granted, it comes as part of a wider effort by the country's state - owned commercial bank in advancing its businesses through using distributed ledger technology.

«The CBN is currently holding broad industry consultations on distributed ledger technology and cryptocurrency use cases and regulation, innovators forums hold regularly and it is planning to implement a Regulatory Sandbox regime,» Fatokun said.

Mr. Reusken also stated that ING is currently experimenting with distributed ledger technology.

NEM is currently one of the fastest expanding distributed ledger technology platforms in the cryptocurrency space.

Here's a round - up of the 25 banking partners currently working with R3 on distributed ledger technology projects.

Yao also lauded the security afforded by distributed ledger technology, although he noted that central banks should not be limited to the confines of currently existent blockchain encryption algorithms but should rather continue to develop these algorithms to accommodate the unique needs of the banks themselves.

Artificial Intelligence and new types of distributed ledgers such as blockchain are the two most disruptive emerging technologies currently in finance.