Vitalik Buterin, Ethereum founder and Partner at Fenbushi Capital, says Tierion
makes immutable records and proof - of - existence «easy» and believes the company displays an «interesting approach» to anchoring.
Not exact matches
This would create a digital,
immutable record of how the collateral had been used and would
make it easier and quicker for State Street to return the collateral to the borrower's account once their lending position had been unwound.
Blockchain is the software that
makes bitcoin possible, providing an
immutable and transparent means of
recording each time the digital currency is transferred from one person to another.
«Tierion
makes it easy for developers to integrate proof - of - existence and
immutable records into existing applications.
According to a press release from the Cook County Recorder of Deeds, the office has identified three aspects of blockchain technology that
make it a viable option for their activities: a permanent,
immutable public
record that is immune to well - funded nation - state attacks; a path towards paperless land transfers and so - called «e-deeds»; and reduced costs for offices across the country that want to upgrade electronic document processing systems.