Sentences with phrase «ledger technology underpinning»

The Financial Conduct Authority (FCA) sees the potential of the distributed ledger technology underpinning the bitcoin currency to revolutionise financial services.

We give a bit more credit to the potentially much broader applications of the so - called distributed ledger technology underpinning the innovations.

Blockchain as a term grew to prominence as the distributed ledger technology underpinning of the crypto currency Bitcoin.

Not exact matches

Additionally, cryptocurrencies and the distributed ledger that underpins the technology offer an audit trail that can make fraud and theft considerably more difficult.

Blockchain, a shared ledger of transactions maintained by a network of computers on the internet, is the technology that underpins cryptocurrency bitcoin.

Blockchain technology, also known as distributed ledger technology, is a form of shared database originally developed to underpin the digital currency bitcoin.

Within the ledger technology — the actual underpinnings of cryptocurrencies — is where Holmes said there's potential.

The last 12 months or so have seen blockchain finally emerge from the shadows of bitcoin — with much of the attention having definitively shifted away from the digital currency and onto the technology of the ledger underpinning it.

The technology underpinning bitcoin, however, operates using a decentralised payment system, which means that a payment between two parties is direct and relies on reliable copies of the ledger being distributed to a vast network of bitcoin users around the world, who can verify any changes.

To be clear, none of this is to attack bitcoin, the other cryptocurrencies or the extraordinary «distribution ledger technology» that underpins them.

This is the technology that underpins Bitcoin, and essentially enables the disintermediation of centralised ledgers.

The move could send shock waves through the burgeoning market for virtual currencies and hundreds of new companies that have sprouted up to take advantage of the open - ledger technology that underpins bitcoin.

The technology, based on the blockchain, has great potential in many applications — and the underpinning distributed ledger has already found itself being trialed for uses in everything from supply chains to the financial industry.

Well, in the longer term distributed ledgers could possibly enable new business and underpin societal models by replacing trust with certainty - through - technology.

Blockchain is the massive decentralized ledger technology that underpins Bitcoin.

The blockchain and distributed ledger technologies that underpin Bitcoin are amazing.

Distributed ledger technology, or DLT, is the advancement that underpins an array of new financial products, including cryptocurrencies and digital payment services.

Fan Bao, CEO of investment bank China Renaissance, has said Bitcoin is not as attractive as the distributed ledger technology that underpins it.

Expect the imminent closures of other Japanese cryptocurrency exchanges to attract far - reaching mainstream media coverage, and therefore, a spate of sell side pressure from «weak hands» who fail to understand that the security issue troubling crypto exchanges has nothing to do with the distributed ledger design underpinning blockchain technology used by Bitcoin.

«Blockchain technology, the distributed ledger mechanism that underpins cryptocurrencies such as bitcoin, is genuinely innovative and could have wide - ranging applications across financial services and beyond.