Sentences with phrase «on blockchain technology as»

While this event focused on the Bitcoin blockchain, the firm is holding a second one to focus in on blockchain technology as a whole.

«The purpose of this Act is to declare and issue a digital decentralized currency based on blockchain technology as legal tender of the Republic of Marshall Islands,» reads the bill, posted in the Sovereign's official Telegram channel.

However, the government has generally shown a positive view on Blockchain technology as a state - owned bank is actually eyeing Ethereum integration.

Notably, CFLD is building an incubator at Consensus HQ with the aim of investing in startups that focus broadly on blockchain technology as well as IT, clean energy and bioscience.

Not exact matches

While it may take time for most traditional institutions to fully account for the benefits of the blockchain, only few can sit on the sidelines, as this technology can positively change how we do payment and online transactions.

Now, he plans to double down on investment opportunities in emerging technologies such as blockchain, and says the firm will participate in upcoming initial coin offerings.

At a high level, as defined by CBInsights, «Blockchain technology offers a way for untrusted parties to reach agreement (consensus) on a common digital history.

One of the options includes taking Overstock private, as Byrne focuses on applying blockchain technology to global property records, financial markets and even the retail business.

Three members of the CNBC Financial Advisor Council chime in on the prospect of cryptocurrencies, and the blockchain technology they rely on, as investments.

BERLIN, May 2 - Aerospace suppliers are starting to explore blockchain technology to keep tabs on their supply chain, potentially tracking parts such as those identified as the cause of a Southwest Airlines accident last month.

Like other virtual currencies, such as Ethereum and Ripple, bitcoin has no central authority and relies instead on thousands of computers across the world that validate transactions and add new units to the system - technology known as blockchain.

BERLIN, May 2 (Reuters)- Aerospace suppliers are starting to explore blockchain technology to keep tabs on their supply chain, potentially tracking parts such as that at the centre of a Southwest Airlines accident last month.

Before buying one of these new digital coins — based on the same blockchain technology as bitcoin — an investor typically must check a box that says he or she is not a U.S. citizen or green card holder.

The test is one of several blockchain experiments State Street and other financial institutions have been working on over the past year as Wall Street grows increasingly hopeful that the technology, first developed to run cryptocurrency bitcoin, can help them increase efficiency and cut costs.

It says that while blockchain - inspired technology could be used to bring transparency to supply chain management, it could be hard to guarantee that goods really were delivered as specified on the blockchain.

So rather than focusing on Bitcoin as a speculative currency, the true focus should be on the underlying technology, known as the blockchain, and related «sidechains» that result in speedier payment methods, reduced financial friction, and anonymity, as well as accountability and transparency.

U.S. retailer Overstock.com has seen its stock price skyrocket since it said it was entering the blockchain and cryptocurrency space, while small cap fruit juice company Future Fintech — formerly known as SkyPeople Fruit Juice — surged as much as 200 percent on the mere mention of financial technology (fintech) in its name.

Putin, whose statements are often interpreted by Russia - watchers as a bellwether, suggested on October 10 that blockchain technology might offer «new... solutions» to the Federation's «banking sphere,» but cautioned that the «use of cryptocurrencies also carries serious risks.»

On October 17, 2017, Baidu — the company behind China's top search engine — joined an open - source collaboration for blockchain technology known as Hyperledger.

It says it will use this program to support research activities on «tools and technologies such as artificial intelligence and blockchain that can contribute to a better online space, increasing cybersecurity and trust in online services».

The Bitfury Group, a U.S. tech company, will build the blockchain platform for this project, while Emercoin will provide blockchain services as well, Bitfury Chief Executive Valery Vavilov and Emercoin Chief Technology Officer Oleg Khovayko said on Friday.

Emphasis will be placed on bleeding edge technologies such as Robotic Process Automation, AI, and Blockchain.

According to reports, the digital currency to be created will be based on blockchain technology (hence our argument that the move goes some way to validate cryptocurrency) and it's designed, primarily, as a tool that can facilitate cross-border transactions between the two countries.

The technology has already gained momentum, raising funds from blockchain investment companies including Digital Currency Group, Pantera Capital and Fenbushi Capital and the release on the 28th is already tipped as one of the biggest Altcoin releases of the year.

CoinDesk is the world leader in news and information on digital currencies such as bitcoin, and its underlying technology — the blockchain.

However, as Finextra points out, the hype cycle is calming down as bankers and financial institutions come to recognize that blockchain is best applied to use cases such as cross-border payments, where the risk of relying on outdated technology outweighs hesitance to try a new solution.

Speaking at a Treasury Lab session on Wednesday at EuroFinance on Blockchain / Distributed Ledger Technology: Expect the unexpected, he said, «Blockchain makes sense for cross-border payments as it can provide a more instant experience.»

The goal is to establish a financial market with the maturity of the stock market by building on top of blockchain technology — coined as FinTech 2.0.

«GetHashing was born as an idea by a small group of crypto enthusiasts with a passion for Bitcoin, cryptocurrencies and the technologies to build a new and unique community - driven platform that's entirely cloud - based and built on top of the blockchain protocol.»

It's tempting to focus on a handful of blockchain use cases and compartmentalize the technology as a nifty piece of back - office technology that will help improve record keeping and streamline contract processing, but not necessarily change the world.

In terms of my specific business sector, being focused primarily on cryptocurrency investing and blockchain technology, I've seen multiple blockchain type startups, which many have touted as the future, using Instagram to generate exposure for their ICOs (Initial Coin Offerings).

30 days ago, we decided to teach others as we learned about cryptocurrencies and began to understand the blockchain and its impact on technology.

However, cryptocoins are changing these outdated notions of physical cash or third parties and storing the digitized format of your funds on a digital database known as a blockchain — the technology that was introduced by Bitcoin.

Commenting on rumors that banks could create their own cryptocurrencies, he says that in this example, people are referring to building some kind of technology whereby things are tokenized on the blockchain, and issued as, for example, shares or currency.

«We have been studying and experimenting on blockchain technology and cryptocurrency (crypto - assets) as its applied technology.

The partnership will also include training of Ethiopian developers on the utility of Blockchain technology, a move that was commended by the Cardano community on Twitter as a move in the right direction not only for Cardano and the Blockchain revolution but also for Ethiopia as a country.

In a blog post on Blockstream's website this morning, it was announced that Mow would be joining the blockchain technology startup as the new chief strategy officer.

Meanwhile, cryptocurrencies and advertising are becoming more entwined: In October 2017, MetaX, a blockchain technology company focused on digital advertising, hired Alanna Gombert, then senior VP of technology and ad operations at the Interactive Advertising Bureau, as its first - ever chief revenue officer.

Also known as initial token offerings, ICOs have already helped a number of evolving businesses and projects based on the blockchain technology.

As we enter the «early majority» phase, the upside becomes less compelling as an additional 1.7 billion users begin taking advantage of hundreds of use applications based on blockchain technologAs we enter the «early majority» phase, the upside becomes less compelling as an additional 1.7 billion users begin taking advantage of hundreds of use applications based on blockchain technologas an additional 1.7 billion users begin taking advantage of hundreds of use applications based on blockchain technology.

As indecisiveness as the interview was on the definition and future regulatory status of Bitcoin, the Chairman did say that in his mind Bitcoin and the underlying blockchain technology came hand in hanAs indecisiveness as the interview was on the definition and future regulatory status of Bitcoin, the Chairman did say that in his mind Bitcoin and the underlying blockchain technology came hand in hanas the interview was on the definition and future regulatory status of Bitcoin, the Chairman did say that in his mind Bitcoin and the underlying blockchain technology came hand in hand.

At present, banks are visibly keen to keep pace with blockchain's latest developments in a bid to improve their overall efficiency and minimise costs, as well as to push back against the growing threat from FinTech firms eager to capitalise on the technology.

All of this is further compounded by a dearth of blockchain - skilled talent, as well as the difficulty of incentivizing other projects, developers, and teams to build on top of your technology.

Jalak Jobanputra is Founding Partner of Future \ Perfect Ventures, an early stage venture capital fund in NYC focused on next generation technology such as blockchain and machine learning.

But not many people understand that and pass up on quite lucrative business models made available as a result of growing use of blockchain technology.

Analyst Tom Forte reported Overstock may sell its home goods and furniture eCommerce unit so as to focus on bitcoin blockchain technology.

In September 2017, the company disclosed that it was working with the blockchain - based P2P energy trading marketplace Power Ledger on a Microgrid - as - a-Service platform, and that trials of the technology had been planned.

As reported by ETHNews, blockchain guru Vinay Gupta recently spoke to the European Parliament where he elaborated on the dissemination of blockchain technology:

Formerly known as Bioptix Inc, the biotech company has changed its name and strategy to become an investor in blockchain technology, with a focus on bitcoin and ethereum.

Coupit is a revolutionary e-commerce platform that relies heavily on blockchain technology to function as a decentralized marketplace.