Sentences with phrase «need for a third party»

Where there is a legitimate need for third parties, there will be well established businesses serving that need.

It has also become a mode of payment for some retailers, and a way to transfer funds without the need for a third party.

It is the first application of blockchain technology, which eliminates the need for a third party such as a bank by creating a near - instant, permanent and secure record of transactions.

Any two parties could use it to exchange other information, including stock deals, legal contracts and property records, within minutes and with no need for a third party to verify it.

Co-founder and CEO Chris Horlacher saw that the blockchain could create a more trustless system which removed the need for third parties while increasing security.

Blockchain technology in its simplest form allows transactions to occur between individuals and institutions without the need for a third party.

For example, when a project is complete, a smart contract activates a payment, omitting the need for third party fund management.

Bitcoin has gained significant attention in the recent past due to the innovativeness of the peer to peer payment system that has removed the need for third parties in such transactions.

Blockchain thus removes the need for a third party to verify peer - to - peer digital transactions.

This method employs the same logic as blockchain technology, namely that trust can be established by the system without the need for third parties to verify actions and transactions.

The London Football Exchange (LFE) was unveiled in January, designed to provide supporters and clubs with a way of exchanging funds without the need for third parties.

In an email to Crist, Hernandez seemed to indicate an interpretation of the energy performance contract law could be that municipalities can construct projects without meeting municipal bidding requirements, and without the need for a third party to revue how cost savings projections were reached.

The projectors can also be seamlessly installed with a flexible wall mount function, reducing the need for third party installations.

Blockchain is not perfect and is not fully established yet but the way it registers and distributes information eliminates the need for a third party to facilitate digital relationships.

Where is the need for a third party in that relationship?

Like cryptocurrencies such as Bitcoin, it is an encrypted system that processes payments instantaneously, therefore removing the need for a third party to process or settle the transaction.

Yeah, I'm also hoping for better official PC support for the DS4 so that it can be used for Remote Play without the need for third party solutions.

For example, when a project is complete, a smart contract activates a payment, omitting the need for third party fund management.

Let's take a look at how to create a full backup image of your PC without the need for a third party utility.

One of the most substantial benefits of building on the Ethereum Blockchain is the ability to interact instantly without the need for any third parties such as payment platforms, banks or other verification systems.

It's a peer - to - peer monetary system that's immune to censorship and fraud to a large extent, thus doing away with the need for third parties such as banks and regulators.

This will in effect truly remove the need for a third party.

A sidechain is a technology that allows you to move your tokens from one blockchain to another, use them on that other blockchain and then move them back at a later point in time, without the need for a third party.

A decentralised currency that did not depend on any authority and eliminated (as it seemed at the time) any need for a third party was indeed very attractive to people who wanted more freedom from the government.

The network will be called Binance Chain and is set to provide cryptocurrency traders of all kinds with a decentralized exchange by removing the need for a third party when holding or trading digital assets.

These smart contracts run on Blockchain and eliminate the need for third parties.

Bitcoin is set to revolutionize the way transactions occur in much the same way, enabling direct payments between two parties without the need for a third party operator, across borders too.

He claimed that by using the emerging technologies, tourists will be able to transact directly with service providers and will eliminate the need for third parties or intermediaries.

By using smart contracts, the pair hopes to do away with the need for third party intermediaries and provide a fair payment system that also incorporates high levels of security and privacy.

That means it can be used to transfer funds directly between individuals or businesses without the need for a third party (bank or payment processing service).

Announced at LendIt Europe, Peer Mountain says it is launching the «world's first peer to peer self - sovereign identity, compliance and commerce delivery solution», designed to allow consumers to maintain ownership of their data and control over who they trust to access it without the need for third party involvement.

The model of the platform eliminated the need for the third party: that means that Ubcoin Market is profitable for its users.

Its purpose is to provide a peer - to - peer electronic version of cash to allow payments to be sent online without the need for a third party (such as Mastercard).

This method employs the same logic as blockchain technology, namely that trust can be established by the system without the need for third parties to verify actions and transactions.

This again eliminates the need for third parties to be involved in signing off on a transaction.

Once all the gaming universes are connected, there will be no need for third parties to be involved in every trade.

This outcome significantly reduces the need for the third party participation in claims resolution.