Sentences with phrase «particular use of the blockchain technology»
Bitcoin is a particular use of the blockchain technology — a peer - to - peer electronic cash system for making payments.
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In particular, the adoption of the principle of functional equivalence allows the MLETR to operate without affecting the substantive law applicable to transferable documents and instruments, and the adoption of the principle of technology neutrality allows to accommodate the use of all methods and technologies, including distributed ledgers (blockchain).
In particular, Meiri cited bitcoin startup Bitt's use of Colu's technology to launch a version of the Barbadian dollar on the bitcoin blockchain as a turning point in the project.