Sentences with phrase «on blockchain technology for»

Akash Ambani, the elder son of Mukesh Ambani is leading 50 - member team working on Blockchain technology for the JIO COIN project.

The team behind JIO COIN: Akash Ambani, the elder son of Mukesh Ambani is leading 50 - member team working on Blockchain technology for the JIO COIN project.

Singapore Airlines (SIA), has announced its plan to launch a loyalty digital wallet based on blockchain technology for its KrisFlyer frequent - flyer program, enabling travelers to easily spend their air miles at retail partners.

Banco Central do Brasil eying on Blockchain Technology for settlement system A new technical research paper recently released by The Central Bank of Brazil evaluates blockchain use cases and reviews a few of the available platforms to establish working prototypes of a...

Aart from state governments, Banks of India has also formed a consortium and has developed a product called «Bank - Chain» based on Blockchain Technology for improving banking activites.

Sirin Labs today announced it's intent to build a $ 999 smartphone and $ 799 PC built on blockchain technology for the cryptocurrency...

Not only government but Banks of India has also formed a consortium and has developed a product called «Bank - Chain» based on Blockchain Technology for improving banking activites.

AST is partnering with NuArca to develop a software suite based on blockchain technology for financial services and business processes.

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.

Long Blockchain Announces Stockholder Update; Executes on Milestones, Positions for Fintech - Distributed Ledger Technology Leadership

But the bank has shown an increasing appreciation for the transformative potential of both blockchain technology — becoming one of the first to spearhead the development of its own Ethereum - based blockchain — and the cryptocurrencies based on it.

SAN FRANCISCO — Last year, representatives of 25 countries met in Tokyo to work on setting international standards for the blockchain, the technology that was introduced by the virtual currency Bitcoin and has ignited intense interest in corporate and government circles.

I am on the lookout for the CBOE, CME and even NASDAQ and New York Stock Exchange to shift from the current method of asset tracking to one based in blockchain, the technology behind Bitcoin and other digital currencies.

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.

There a lot of good reasons for the hype — not least because digital currency and blockchain technology (an online ledger system that relies on multiple computers) has gone mainstream — but also reasons for caution.

Their focus is to further the growth of various applications that are built on blockchain, offering more standards and a process for facilitating compliance to gain wider adoption of this technology.

Blockchain technology shows potential in certain real - world applications, particularly for tracking supply chains shared by multiple parties, but those are private projects based on agreements between a few players.

A report from the pair, titled «Banking on Blockchain: A Value Analysis for Investment Banks,» looks at real - world data from 8 of the world's top 10 banks and estimated that blockchain technology, first developed to underpin bitcoin, could cut operational costs by uBlockchain: A Value Analysis for Investment Banks,» looks at real - world data from 8 of the world's top 10 banks and estimated that blockchain technology, first developed to underpin bitcoin, could cut operational costs by ublockchain technology, first developed to underpin bitcoin, could cut operational costs by up to 30 %.

Sales of new digital coins, called initial coin offerings or ICOs, have raised more than $ 4 billion in sales of new digital coins for projects based on the same blockchain technology behind bitcoin.

Amazon claims its new product will make it easier for developers to create projects based on blockchain technology.

On September 20, 2017, J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC) spoke at the American Council for Technology and Industry Advisory Council's Blockchain Forum.

This is faster, simpler, and cheaper than creating a coin because it doesn't require the time and effort to build and maintain a new or forked blockchain and instead relies on the technology already in use for Bitcoin or Ethereum.

These new, more detailed, guidelines from MAS are sure to have an impact on development in Singapore, which is a hub for blockchain technology - based startups, by providing consumers and developers alike a guideline for best practices.

This new, more detailed, guidance from MAS is sure to have an impact on development in Singapore, which is a hub for blockchain technology - based startups, by providing consumers and developers alike a guideline for best practices.

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

Coca - Cola and the U.S. State Department along with two other companies said on Friday they are launching a project using blockchain's digital ledger technology to create a secure registry for workers that will help fight the use of forced labor worldwide.

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.

While initial applications focused on the financial services industry, the potential for blockchain is so broad that many other industries present opportunities, including: cybersecurity, academia, government, transportation, entertainment, real estate, insurance, healthcare, energy management, and information technology.

He hopes that Coin Center's efforts will lead legislators to agree that blockchains are like the internet in that the technology is «a tool that will be wielded for good and for bad, [but that] on balance will be used for good.»

The newly formed enterprise collaboration includes over 30 companies to test - drive Ethereum blockchain technology for best practices focusing on security, privacy, scalability, and interoperability.

R3 represents the largest consortium of global financial institutions working on developing commercial applications for the distributed ledger technology that's at the heart of blockchain technology.

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.»

Last week, blockchain innovation firm R Fintech and the Jiangsu Huaxin Blockchain Research Institute (JBI), China's official institution for blockchain development, signed an agreement to collaborate on the development of innovations like distributed computing and quantum cryptography to revolutionize the next generation of distributed ledger technology (DLT) blockchain innovation firm R Fintech and the Jiangsu Huaxin Blockchain Research Institute (JBI), China's official institution for blockchain development, signed an agreement to collaborate on the development of innovations like distributed computing and quantum cryptography to revolutionize the next generation of distributed ledger technology (DLT) Blockchain Research Institute (JBI), China's official institution for blockchain development, signed an agreement to collaborate on the development of innovations like distributed computing and quantum cryptography to revolutionize the next generation of distributed ledger technology (DLT) blockchain development, signed an agreement to collaborate on the development of innovations like distributed computing and quantum cryptography to revolutionize the next generation of distributed ledger technology (DLT) protocols.

«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.»

ConsenSys founder and Ethereum co-founder Joseph Lubin explains how he first became interested in blockchain, why he joined Vitalik Buterin on the Ethereum Project and launched global blockchain specialist firm ConsenSys, and the vision he has for a decentralized future enabled by this technology.

«For now, the focus of this technology innovation centre will be on Visa Checkout and mVisa, but for certain, India will soon have teams that will jointly work with our two research labs in US and Singapore in studying the many aspects of blockchain disrupting technologies&raqFor now, the focus of this technology innovation centre will be on Visa Checkout and mVisa, but for certain, India will soon have teams that will jointly work with our two research labs in US and Singapore in studying the many aspects of blockchain disrupting technologies&raqfor certain, India will soon have teams that will jointly work with our two research labs in US and Singapore in studying the many aspects of blockchain disrupting technologies»

Its reservations over ICOs notwithstanding, Capital Group professes its enthusiasm for blockchain technology in an article on one of its websites, which states that «blockchain aims to finally transform the financial services industry.»

He's the founder of Truth Cartel, a marketing agency focused on distribution for emerging technology and blockchain companies.

In contrast to other prominent banking institutions, some of which are interested in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.»

While the spotlight has shone on the dramatic highs and lows of the various cryptocurrency markets like bitcoin, the existing big banks have been making great strides with their ideas for the underlying blockchain technology.

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).

After their launch in November, the digital pets became so popular that they accounted for 11 percent of traffic on the network for Ethereum, the blockchain technology used by CryptoKitties, and caused a massive trade backlog.

Mucheru has consistently urged the central bank to introduce laws regulating the companies trading on bitcoin, guide users on social saving and investment, and introduce frameworks for ministries to use blockchain technology for efficiency and transparency.

The panel discussion touched on a variety of topics ranging from bitcoin regulation to future use cases for Bitcoin and blockchain technology.

With wide adoption by businesses interested and capable of using Blockchain technologies to optimize their operations, and both the retail and institutional investor enticed by the return on investment of Blockchain technologies, it is safe to say that Blockchain technologies will be here to stay for 2018.

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.

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.

Last week, a little - known prospective telecoms investor became the latest company to cash in on the craze for all things blockchain, the technology behind Bitcoin.

Moreover, the barriers to entry for creating other cryptocurrencies based on blockchain technology are evidently very low.

Billions of dollars have been invested in start - ups, but most of these appear to be blockchain for blockchain's sake: identifying something that already exists and putting it on the blockchain, for little apparent reason other than because the technology is in vogue.