Sentences with phrase «ledger technology into»

Hyperledger Iroha is a Japanese - lead initiative aiming to facilitate the incorporation of distributed ledger technology into infrastructure projects.
The integration of distributed ledger technology into compliance systems and processes could save financial institutions up to 50 percent in compliance costs, according to blockchain startup Coinfirm and management consulting firm Accenture.

Not exact matches

New regulations implemented by the local government, which came into effect January 1, require distributed ledger technology (DLT) providers to apply for and obtain a special license.
In the UK, the Bank of England's judgment that «the impact of the distributed ledger could be much wider than payments» shows that these technologies may likely move into the mainstream.
The post Back Again: Estonia Announces Plans for e-Residency Cryptocurrency, Estcoin appeared first on CCN Remarkably, the blockchain system has evolved into building concepts that were not originally intended for a decentralized ledger technology.
A blockchain for invoice financing that has gone into production in India may demonstrate how distributed ledger technology can be used to track digital assets and deter fraud.
The banking world took notice, powering Ripple's momentum as we moved beyond experimentation with distributed ledger technology (DLT) and into commercial production with leading banks.
Distributed ledger technology improves transparency into share ownership, provides easy tracking of changes in the capitalization table, and facilitates fast transaction clearing and settlement.
NetDocs goes on to say that «incorporating blockchain technology into NetDocuments» governance platform enables sensitive and transactional documents to be verified by posting to an open - source digital ledger, validating document details such as canonization, approval, status, filing and other relevant document information».
In late 2016, a group of industry leaders formed the Blockchain Insurance Industry Initiative B3i («B3i») to explore the potential of distributed ledger technology (e.g. blockchain) and gain insight into how it can be used in the insurance market.
According to notes from the 16th October meeting of METI's FinTech study group, the government agency has become aware of the increasing interest in the blockchain and distributed ledgers in the US as part of a wider inquiry into financial technology.
Blockchain has turned into a catch - all phrase for anything involving a shared ledger or database but the technology was first created by Satoshi Nakamoto for the purpose of tracking and confirming Bitcoin transactions.
Gibraltar's Distributed Ledger Technology Regulatory Framework came into effect Jan. 1, regulating any distributed ledger project used to transmit or store value belonging to others and that is not regulated under another financial services framework.
If it turns out to be true, we would be seeing for the first time a smartphone manufacturer to venture into the blockchain; the decentralized ledger used to record cryptocurrency transactions, bringing the technology into the masses.
Nasdaq is looking into distributed ledgers to store ownership information, but are not necessarily committing to the technology.
«Based on blockchain, the distributed ledger technology that is taking finance, healthcare, and a range of other industries by storm, our platform allows you to easily integrate third parties into your data market — expanding your customer base and service offerings.
A blockchain for invoice financing that has gone into production in India may demonstrate how distributed ledger technology can be used to track digital assets and deter fraud.
It also helped to bring blockchain technology — the underlying digital and decentralized ledger that records all transactions — into the mainstream.
A blockchain framework designed for simple and easy incorporation into infrastructure projects requiring distributed ledger technology.
«The plans would mark the first foray of a major smartphone maker into blockchain, the decentralized ledger used to record cryptocurrency transactions, potentially bringing the technology closer to the mass market,» the report stated.
«The plans would mark the first foray of a major smartphone maker into blockchain, the decentralized ledger used to record cryptocurrency transactions, potentially bringing the technology closer to the mass market,» the
While bitcoin is certainly unpredictable, the core concepts of decentralized ledger, blockchain technology, and the larger scope of censorship resistance or «decentralization» are certainly worth looking into.
Marcus Treacher, Ripple, outlines how distributed ledgers can enable cross-border payments and where blockchain technology fits into the payments industry in both products and regulation.
One of the reasons for the popularity of blockchain technology is that it has trust built into the system since it acts as a ledger that holds all the transaction.
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