Sentences with phrase «on a blockchain project known»

His dissatisfaction with cryptocurrency speculators comes at a time when MAS is working on a blockchain project known as «Project Ubin» with which they hope to do a trial with the Singapore dollar this year.

Not exact matches

It's hilarious that you are «projecting» (a psychological defence) your own being caught not knowing what you're talking about («The blockchain only contains Bitcoin transactions») on me.
Also known as initial token offerings, ICOs have already helped a number of evolving businesses and projects based on the blockchain technology.
Most treasurers get the theory, and most know something about the many pilot projects and consortia working on blockchain solutions, but what products actually exist and how do they benefit corporates today?
One of the most widely known blockchain projects to date, Ethereum, states on its website that it enables the creation of decentralized applications that «run exactly as programmed without any possibility of downtime, censorship, fraud or third - party interference.»
At the same time, the startup has been working on more enterprise - oriented projects, perhaps biting into the recent buzz and experimentation with private blockchains that typically have a few known participants managing the system.
The venture - backed firm is best known for iterating on top of the open - source bitcoin protocol with projects such as the Lightning Network and sidechains, the latter of which aims to allow users to send assets back and forth between blockchains «pegged» to bitcoin.
Switzerland has long been friendly toward blockchain startups and cryptocurrency organizations, and is home to «Crypto Valley,» a region in the country known for the number of companies developing projects based on the technology.
But if I know that the venture funds that backed the companies that built the internet are backing a particular blockchain project, then maybe I'll defer to their opinion on polynomial - time algorithms.
There are many FinTech Startups as well as startups in other industries using the blockchain — even in Delaware, known for high company registrations, are also working on a blockchain project to streamline record keeping and paperwork.
«If we prove that consensus by known people can be an economic model for blockchains, we will open the opportunity for many businesses to establish networks based on this approach,» said Barinov, co-founder and project manager of Oracles Network.
The company UNISOLEX, formerly known as Solar Wind, has announced the launch of Solar DAO — an ambitious blockchain - based project on the Ethereum platform.
EOS runs on a completely different set of principles than other blockchain projects as it makes use of a system known as delegated proof - of - stake.
As we know, traditional crypto business is focused only on issuing new cryptocurrency and its circulation, that's why it was decided to build a foundation in order to create a new economic system by combining the blockchain technology and the next generation business plan with exchange of various values and its essential effects in the Crymix project.
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