Sentences with phrase «peer electronic payment system»
Dogecoin is a peer - to - peer electronic payment system based on the popular 2013 meme of the Shiba Inu dog.
https://www.investinblockchain.com/
While the idea of Bitcoin creation was to design a cryptocurrency for peer to peer electronic payment system, Ethereum initially has another purpose.
While there are many joke currencies and memes out there surrounding cryptocurrency, Bitcoin and the idea to create a peer - to - peer electronic payment system was for a very real purpose, to revolutionize the way the world uses currency.
Not exact matches
They define crypto - assets as peer - to - peer electronic transaction systems which allow payment by one party directly to another without an intermediary.
For example, Bitcoin is also a Dapp that enable users with a peer to peer electronic cash system for payments.
Bitcoin offers one particular application of blockchain technology, a peer to peer electronic cash system that enables online Bitcoin payments, the Ethereum blockchain focuses on running the programming code of any decentralized application.
The bill would allow taxpayers of the state to use «a payment gateway, such as Bitcoin, Litecoin or any other cryptocurrency recognized by the department, using electronic peer - to - peer systems.»
«A payment gateway, such as bitcoin or other cryptocurrencies, using electronic peer - to - peer systems.
Bitcoin is a particular use of the blockchain technology — a peer - to - peer electronic cash system for making payments.