Sentences with phrase «of payment channel»

The Lykke Exchange maintains the security of the payment channel by temporarily freezing the funds of both parties and getting signed commitments from both.

Banks should enhance their daily monitoring, and the timely shut down of the payment channel once they discover any suspected trading.»

However, and this is the key trick of a payment channel: neither sign and broadcast their half of the transaction at all.

Alice and the intermediary set up a special type of payment channel, while Bob and the intermediary set up a payment channel as well.

Banks should enhance their daily monitoring, and the timely shut down of the payment channel once they discover any suspected trading.»

China's central bank has instructed the country's financial institutions to cease providing cryptocurrency services, including the prevention and suspension of payment channels used for digital currency settlements.

Raiden introduces the concept of payment channels through a smart contract to enable secure off - chain transfers that don't require blockchain consensus.

This call will take some time to finalize, due to the nature of the way that settlement of payment channels work.

Dryja, for example, told CoinDesk that segregated witness would allow his proposed version of payment channels to reach their maximum efficiency based on projections he presented on day two of the event.

Worth mentioning here is the Lightning Network; a network of payment channels where numerous transactions can take place between parties in a completely trustless way, without burdening the Bitcoin blockchain and without threatening Bitcoin's trustless character.

Rather, once everyone is done transacting, the end - state of all payment channels is recorded on the blockchain once, to let everyone take their funds out.

Notably, Yours built their own implementation of payment channels for their social media application before making the switch from Bitcoin to Litecoin.

The ability to construct a blockchain - agnostic network of payment channels is noteworthy when applied to sidechains.

One of Plooy's first points had to do with Amiko Pay's ability to offer more flexibility when it comes to the types of payment channels that can be found on the network:

«If you look at the basic design of the Lightning Network — a network of payment channels.

Lightning is a peer - to - peer network of payment channels built on top of the public Blockchain that can facilitate fast and secure transactions.

Moreno Sanchez's work, conducted with four other Purdue researchers, presented two implementations of payment channels based on a new type of smart contract, while Miers» was an iteration of work first introduced in 2016, now more relevant given that the Lightning Network is closer to launch.

Leading off was Purdue University's Pedro Moreno - Sanchez, who gave an overview of current designs for the Lightning Network, the most mature version of payment channels for the bitcoin network, and one that while now possible faces implementation challenges.

Other solutions to improve the scalability of Bitcoin payments are being explored by multiple teams and devs around the globe, such as the channels factories to help the re-balancing of payment channels, Schnorr signatures and MAST scripts to reduce the size (while improving the privacy) of on - chain settlement transactions and many other amazing proposals.

The lightning network is an attempt to create a generalized layer of payment channels where users can send payments to a wide number of other parties via this mechanism.

Earlier in January, the PBOC instructed China's financial institutions to cease providing cryptocurrency services, including the prevention and suspension of payment channels used for digital currency settlements.

Next step will be just getting more familiar with the software on testnet, and creating a small network of payment channels with coworkers and family,» he said.

Following a ban in September 2017, China's central bank instructed national financial institutions to cease providing crypto services in January, including the prevention and suspension of payment channels used for digital currency settlements.

Several years later, in 2013, Hearn published Satoshi Nakamoto's explanation of payment channels on the Bitcoin - development mailing list:

The author is just assuming an expiry time of the payment channels of one month, which is not realistic in an hypothetical scenario in which layer2...

The introduction of payment channels, specifically the type first described by the Lightning Whitepaper (which introduced the

Not exact matches

That experience, along with the other headaches of selling through retail channels — such as long payment terms, returned inventory, chargebacks and advertising fees — convinced him and Syzmcak they should focus on B2B sales.

In the future, such personalization will become part of the customer experience for payments on websites and other channels.

But what we are seeing now is that that payment data can be combined with other datasets, in order to prove or disprove assumptions about customers and to drive a degree of personalization through all of the one - to - one marketing channels.

Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.

Don't force customers to contact you or make payments in a particular way; be open to all forms of communication across channels, and diversify payment options.

We recently had an opportunity to sit down with Charles Drucker, Vantiv's CEO, Daniela Mielke, chief strategy and product officer, and Matt Taylor, group president of integrated payments and emerging channels, to discuss some of the biggest trends affecting processors and the payments industry as a whole, including Apple Pay, EMV, mobile point - of - sale, and Vantiv's growth strategy.

Two group owners said they offered some of their services for free to gain users» trust and incentivize them to pay for other things (when the credentials are not given away for free, the channel managers take payment via PayPal or other methods).

Moneris also collaborates with fintech innovators and startup founders to advance market - changing technologies in a range of areas, including mobile point - of - sale, omni - channel retailing and core payments.

Moneris is also developing complementary technologies to improve the retail experience for merchants in a range of areas, including mobile point - of - sale, omni - channel retailing and core payments.

«The wave of investment in digital currency startups clearly signals that payments channels are attracting a new degree of interest, and new competitors are changing customer expectations,» said David Gunn, who leads Bain's EMEA payments team.

Currently under development, payment channels support will allow rapid exchange of assets and are compatible with the Lightning Network.

Since November, YES, the channel that airs New York Yankees games, has been blacked out on Comcast Corp. as the cable giant and the network's parent, 21st Century Fox, battle over terms of payment.

This led me down the path of playing with some of the code and doing some experiments with payment channels.

Those important and considerable movements of money have encouraged companies to create channels to ease the process of making payments, keep the options secure and enable businesses to monitor the tracking of invoices and approvals.

Of course, these details are only part of the reason people think that state / payment channels are complicateOf course, these details are only part of the reason people think that state / payment channels are complicateof the reason people think that state / payment channels are complicated.

«Advances in mobile point - of - sale, omni - channel retailing, and core payment technology have been central to Moneris and we look forward to future collaboration with startups to help steer the development of market - changing payment technologies.»

So it's hugely meaningful to our ability to open up new channels and to make sure there's clarity in terms of who controls the payment information.

It happens to be a conglomeration of digital currency as well as «open - payment - channel» which helps in the facilitation of financial transactions.

As a global payment solutions and commerce enablement leader, Verifone's strategy is to develop and deploy «best in class» payment solutions and services that meet or exceed global security standards and help our clients securely accept electronic payments across all channels of commerce.

It continually updates payment channel balances by recording all the transactions, and then, at the time of settlement, allowing the intermediate states to be skipped so that only the last settlement transaction is confirmed to the blockchain.

A previous Bitcoin Magazine article provides a step - by - step explanation of a simple example where two users agree to swap agreed amounts of BTC and LTC and use the multisig and time lock features available in both Bitcoin and Litecoin basic scripting to synchronize two transactions on two independent blockchains without having to trust each other.It's worth noting that Lightning Network payment channels, now enabled by SegWit, make atomic swaps more powerful and easier to implement, and permit adding support for off - chain swaps.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

In 2016 and 2017 Casillas would earn an alleged $ 8m and $ 7.5 m respectively — apart from the $ 8.5 m he will receive this season — and the television channel believes, reports El Economista, that the club must also take charge of the player's tax payments.

EU budget fraud has historically taken a wide range of forms, from Croatian farmers seeking payments for climatically impossible sugar cane cultivation to the channelling of funds for immigration projects to what some have labelled Palestinian terrorist groups.