Sentences with phrase «open ledger»
An open ledger refers to a transparent and accessible record-keeping system where transactions and information are publicly available for anyone to view. It allows anyone to verify and track the details of transactions, offering more trust and accountability in processes. Full definition
For this reason, the developers believe that bitcoin's open ledger does not suffice as a lone payment platform.
coindesk.com
While the decentralised open ledger system of the blockchain can not be hacked, there are peripheral businesses that can and have been hacked due to negligence.
If that's the case, HD 80606b opens the ledger of a new type of exoplanet, one that is gravitationally linked to two stars.
Enormous resources are being invested in developing the distributed open ledger known as the blockchain.
«Linux Foundation has united industry leaders to advance blockchain technology with a new open ledger project to transform the way business transactions are conducted around the world.»
The blocks are then strung together to form the decentralized open ledger known as the blockchain that's one of the currency's biggest selling points.
Einsteinium is a digital currency which uses an immutable, decentralized open ledger called a blockchain to ensure security and transparency for all.
The S 350d and S 400d models will open the ledger priced in the low - to - mid $ 200K range and powered by a new 3.0 - litre inline six - cylinder turbo - diesel engine.
Implementation of a Blockchain - based open ledger of all actuation commands ever made by a hardware component may then make it possible to detect and mitigate false command signals (i.e. from hackers) and other cybersecurity threats for the achievement of a robust, reliable system.
The blockchain is the distributed open ledger that stores transactions and is secured by the network of miners.
And instead of a central authority stamping the transaction (think of a deed on a house verified from the county records) it is the open ledger blockchain that is the authorizing party of the transaction.
With the Celsius Platform millions of transactions will be transacted between borrowers and lenders and an open ledger is the key to transparency on our platform.
Our lending and borrowing model requires a blockchain and an open ledger technology, it also requires consensus and a global footprint of coin holders in order to really gain traction and complete our mission.
For example: Blockchain is basically an open ledger system that everyone can search.
Our lending and borrowing model requires a blockchain and an open ledger technology, it also requires consensus and a global footprint of coin holders in order to really gain traction and complete our mission.
With the Celsius Platform millions of transactions will be transacted between borrowers and lenders and an open ledger is the key to transparency on our platform.
Blockchain is an open ledger for advancing trust.
Gonser, who serves as chief strategy officer at DocuSign, isn't touting the bitcoin protocol and its open ledger as a solution for his company - but it may only be a matter of time.
Bitcoin's blockchain focused on establishing a service / fund transfer using the open ledger characteristic of blockchain to prove the transfer of funds.
The work the open ledger project is focused on is an important first step as coordinating open standards will help this technology achieve the critical mass it needs.»
This was to be an open ledger system on which transactions of anything of value, be it currency or even tokenized titles of traditionally non-liquid assets can be recorded between individuals in a very fast, highly efficient, and completely non-restrictable manner.
The open ledger is thus completely transparent to everyone.
Open ledgers may make possible new «smart» securities and derivatives that can value themselves in real time, automatically calculate and perform margin payments and even terminate themselves in the event of a counterparty default.
Distributed open ledgers have the potential to revolutionize modern financial ecosystems.
Given the very nature of blockchain technology, where all transactions are traceable in an open ledger, there is full transparency — we are committed to that same principle.
It maintained an open ledger in which daily transactions were published live and in transparent form.
Finally, Level 3 requires no audit because the company uses an open ledger allowing anyone to conduct an audit independently.
«We build our [platform] on open ledgers — like proper, public blockchains,» Dunworth said.
The idea is to track medicines with the help of the open ledger:
According to The Linux Foundation, the open ledger partnership is expected to help identify and address important features and requirements that are missing when it comes to having a cross-industry open standard for distributed ledgers.