Sentences with phrase «ledger technology proved»

Hancock recalled that Bitcoin the first operational application of distributed ledger technology proved that distributed ledgers can be used to track currency as it is passed from one entity to another.

So, this ledger technology proves to be ready to deal with high transaction volumes without slowing down.

Not exact matches

The anticipated launch of Hashgraph's new distributed - ledger technology, which promises more than 250,000 transactions per second; mathematically proven fairness (via consensus time stamping); and bank - grade security could solve those scalability issues.

«In both these uses, the underlying technologies, in the form of blockchains or distributed ledgers, may prove to have potentially useful applications in facilitating payments and trade settlements,» he said.

With cryptocurrency and blockchain technology becoming a popular business model worldwide, John McAfee's new focus in distributed ledger security may prove to be a pivotal one for his career.