Sentences with phrase «open ledger technology»

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.

Not exact matches

The Open Ledger Project isn't proposing another cryptocurrency, but rather wants to use blockchain technology to create tools to allow businesses to build a distributed ledger for anything they can dream up — from exchanging automotive titles in seconds to paying retail suppliers when a sale is made.

During the visit, Chen mentioned distributed ledger technology as one of the key components to the «development and application of fintech,» and highlighted that he and Xing Yujing, the head of the People's Bank of China Shenzhen Central Sub-Branch, agreed that mainland China should reinforce a solid relationship with the Hong Kong and Shenzhen financial sectors by engaging in «pilot schemes» in order to support «the process of the nation's reform and opening - up.»

Wired later revealed that the London Stock Exchange Group and big - name banks JP Morgan, Wells Fargo, joined an initiative alongside IT vendors such as IBM, Intel, and Cisco to develop The Open Ledger project, aimed at developing distributed ledger technologies which will be overseen by the Linux community.

News out of Germany today reads that the IOTA Foundation has joined the Mobility Open Blockchain Initiative, or MOBI for short, whose goal is to explore blockchain and distributed ledger technology for the development...

Bitcoin and many other cryptocurrencies functioning off Blockchain distributed ledger technology operate in an open - source environment without centralized ownership or command structure...

In December, it was announced that an IBM - led group of companies from the finance and technology industries would be creating its own open source distributive ledger.

Code - a-Thon contestants used open source distributed ledger technology and health - specific standards to address one of the following health IT.

NetDocs goes on to say that «incorporating blockchain technology into NetDocuments» governance platform enables sensitive and transactional documents to be verified by posting to an open - source digital ledger, validating document details such as canonization, approval, status, filing and other relevant document information».

Law professor Aaron Wright calls the open - ledger technology a «breakthrough in memorializing legal operations.»

The Legaler token combined with the benefits of distributed ledger technology open up a whole new world of possibilities and go a long way in solving many of the issues faced by the current legal system.

Indeed, Clayton opened the talk by telling the assembled students he believes that «distributed ledger technology has incredible promise for the financial industry.»

The move could send shock waves through the burgeoning market for virtual currencies and hundreds of new companies that have sprouted up to take advantage of the open - ledger technology that underpins bitcoin.

IBM is a member of the Hyperledger consortium, an open source collaborative effort to advance blockchain technology as an enterprise - class, cross-industry open standard for distributed ledgers.

Brian Behlendorf is confident that 2018 will be a peak year, not only for Hyperledger — the international consortium of companies and organizations developing open source, permissioned blockchain technology — but also for blockchain technology in general as businesses and governments recognize the potential power of distributed ledgers and smart contracts.

MetroGnomo — an open - source experimental timestamping service based on Z / Yen's ChainZy mutual distributed ledger technology.

Bitcoin is the first decentralised digital currency that operates on peer - to - peer technology and runs on an immutable open - source distributed ledger network called the blockchain.

When the Linux Foundation introduced Hyperledger, an open - source blockchain project, it aimed to propel distributed ledger technology across the world.

«Open blockchain networks and distributed ledger technologies are still new, but it's critical for members of Congress to begin comprehending both their current applications and future use cases.

Hyperledger Project, the collaborative cross-industry effort created to advance blockchain technology, has announced that eight new members have joined the project to help create an open standard for distributed ledgers...

, a collaborative cross-industry effort created to advance blockchain technology, announced today that seven new members have joined the project to help create an open standard for distributed ledgers for a new generation of transactional applications.

Hyperledger is incubating and promoting enterprise grade, open source business blockchain technologies, including distributed ledgers, smart contract engines, client libraries, graphical interfaces, utility libraries, and sample applications.

It is critically important the United States remain competitive regarding emerging technologies, and distributed ledger technology is the open, secure, efficient technology backbone we've been looking for.»

Hyperledger is an open source collaborative effort created to advance blockchain technology by addressing important features for a cross-industry open standard for distributed ledgers.

Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, has had 11 new members join the project to help create an open standard for distributed ledgers for a...

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.»

Among the features in this latest open source distributed ledger product is on - chain governance, which lets members adjust the rules on the fly as required and dynamic consensus to modify the blockchain consensus protocol as the technology advances; advanced transaction execution, which provides the ability to execute transactions in parallel and support for multiple languages and Ethereum.

The birth of Bitcoin in 2008, and the introduction of blockchain technology, a way of creating a distributed common ledger that is both secure and decentralized, has opened up a new paradigm to which transactions can be made.

The principal constituents of Ripple's technology include gateways, a consensus ledger, a payment / forex system, privacy settings, market makers, and an open API.

The comments come just months after the open - source release of its custom distributed ledger technology (DLT), Corda, became a part of the Linux Foundation - led Hyperledger blockchain project's collection of enterprise technologies.

Russia has stepped up its plans to exploit the potential of distributed ledger technology (DLT) with the announcement that state - owned bank Vnesheconombank (VEB) is to open a blockchain research centre in Moscow.

«Open blockchain networks and distributed ledger technologies are still new, but it's critical for members of Congress to begin comprehending both their current applications and future use cases,» Rep. Schweikert said.

Revealed today at CoinDesk's Consensus 2017 conference, Deloitte has officially joined the Enterprise Ethereum Alliance, launched in February to promote corporate use of the ethereum blockchain, and the Hyperledger project, the Linux - led umbrella effort that houses various open - source enterprise distributed ledger technologies contributed by members.

The Hyperledger blockchain project was launched in December 2015 aiming at the promotion of the blockchain technology, development and support of open - source distributes ledgers alternative to the bitcoin blockchain.

Until recently, there were no viable open - source models for distributed ledger technology.

The rapid growth in membership and support from major players such as State Street, JPMorgan Chase and BNY Mellon, as well as DTCC, shows the evolving acceptance and deployment of open - source distributed ledger technology in the global marketplace.

Its primary objectives are the promotion of the blockchain technology, development and support of open - source distributed ledgers alternative to the bitcoin blockchain.

The primary objectives of Hyperledger are the promotion of the blockchain technology, development and support of open - source distributes ledgers which are regarded as an alternative to the bitcoin blockchain.

Hyperledger is a collaborative effort to advance Blockchain technology by identifying and addressing important features for a cross-industry open standard for distributed ledgers.

The Hyperledger project is an open source collaborative effort created to advance Blockchain technology by addressing important features for a cross-industry open standard for distributed ledgers.

The Hyperledger Project, a collaborative cross-industry effort created to advance Blockchain technology, announced today at Money20 / 20 in Las Vegas that 10 new members have joined the project to help create an open standard for distributed ledgers for a new generation of transactional applications.

Chronicled then uses blockchain technology to register the shoes on a distributed ledger, which it says allows for the creation of an «open registry» on which sneakers can be bought, sold and traded.