Sentences with phrase «potential uses of blockchain»

A Google spokesperson said, «Like many new technologies, we have individuals in various teams exploring potential uses of blockchain but it's way too early for us to speculate about any possible uses or plans.»

While nothing commercial has come out of the PoC yet, Gerryts said, the company has been head's down on the project for the Toyota Research Institute, which announced this week that it will form a consortia with multiple blockchain startup partners to focus on potential uses of blockchain.

A Google spokesman explained, «Like many new technologies, we have individuals in various teams exploring potential uses of blockchain but it's way too early for us to speculate about any possible uses or plans.»

The possibilities for the potential uses of the blockchain are almost limitless.

Until now, banks have talked up the potential uses of blockchain but have also kept it at arm's length, fearing repercussions from regulators.

Yao's remarks align with statements made by other executives from China's central bank around its potential use of blockchain technology, including developing a state digital currency.

In the wake of the Punjab National Bank (PNB) fraud, the Securities and Exchange Board of India (SEBI) is looking to formalise and then tighten its Know Your Client (KYC) norms for the capital markets.Sources said a meeting was held this week to identify the potential use of blockchain in the...

Earlier this year, the government of Vermont released a report regarding the potential use of blockchain technology for public record keeping.

Not exact matches

The types of platforms we use may shift, especially for users living in countries that could benefit from the censorship - blasting potential of blockchain technology, and video (both traditional and live) will continue to dominate as the social communication medium of the future.

Once testing is complete, the TMX group will decide to move forward based on whether the potential benefits of using a blockchain - based system outweigh the drawbacks, he added.

Blockchain uses computers with advanced encryption to keep track of transactions, and the use of a blockchain solution in clearing and settlement has the potential to reduce costs, save time, and cut cBlockchain uses computers with advanced encryption to keep track of transactions, and the use of a blockchain solution in clearing and settlement has the potential to reduce costs, save time, and cut cblockchain solution in clearing and settlement has the potential to reduce costs, save time, and cut complexity.

Blockchain — the technology used for verifying and recording transactions that's at the heart of Bitcoin — is seen as having the potential to reshape the global financial system and possibly other industries.

Among the copious potential use cases for blockchain, trade finance has gained the confidence of many industry analysts.

Emanuel elaborated on the potential impact of cryptocurrencies in the film industry: «I think crowdfunding using blockchain - backed currency could work for some types of content.

As this market is so new, microgrid and blockchain markets — two essential components of this opportunity — are as used as proxies for its current size and potential growth.

The size and scope of potential applications for blockchain technology is tremendous, spanning a wide range of use cases in nearly every industry.

Prior to joining Blockchain Capital, Spencer was a Vice President at Needham & Company, where he authored Wall Street's first industry report highlighting the use - cases, companies and potential of blockchain tBlockchain Capital, Spencer was a Vice President at Needham & Company, where he authored Wall Street's first industry report highlighting the use - cases, companies and potential of blockchain tblockchain technology.

The document explores how Switzerland could offer the blockchain community huge potential as a place in which this technology can be developed and used, of which the prominence of Zug's Crypto Valley provides the most convincing evidence.

Senate passes amended military appropriations bill to require the Secretary of Defense to issue a report on blockchain technology's potential offensive and defensive use cases, including ways in which adversaries might deploy it to damage US interests.

TOPICS IN THIS INTERVIEW 01:05 Embracing Bitcoin, Ethereum and the Blockchain 04:35 The long - term trajectory of Bitcoin and other Cryptocurrencies 08:50 ICOs and the potential to make large gains on Investments 12:00 Trustworthy tokens 15:25 Potential use cases of Blockchain Technology 17:05 Blockchains withoutpotential to make large gains on Investments 12:00 Trustworthy tokens 15:25 Potential use cases of Blockchain Technology 17:05 Blockchains withoutPotential use cases of Blockchain Technology 17:05 Blockchains without a token?

TOPICS IN THIS INTERVIEW 01:05 Embracing Bitcoin, Ethereum and the Blockchain 04:35 The long - term trajectory of Bitcoin and other Cryptocurrencies 08:50 ICOs and the potential to make large gains on Investments 12:00 Trustworthy tokens 15:25 Potential use cases of Blockchain Technologypotential to make large gains on Investments 12:00 Trustworthy tokens 15:25 Potential use cases of Blockchain TechnologyPotential use cases of Blockchain Technology 17:05...

If it is possible to convince businesses that there is a safe and secure way to use blockchain databases, then there is plenty of potential in corporate uses, he says.

A new report by a Royal Bank of Canada analyst outlines potential use cases for blockchain technologies while predicting a $ 10 trillion industry.

While concerns around the use of cryptocurrencies among businesses continue, at least in some areas, more and more attention is being directed at the potential for the blockchain database to transform transaction and authentication processes.

From using sensors to monitor conditions on oil palm plantations more closely to harnessing the potential of blockchain to make the notoriously complex palm oil supply chains more transparent, Webber says that «technology will be the key to sustainable palm oil».

In this white paper, sent first to Legal IT Insider in the legal sector, the UK top 40 firm looks at how blockchain technology offers the potential to break down many of the structural issues that have created frictions and a lack of trust in insurance markets and gives examples of its current uses.

The star of the show was the increasing use of technology in the legal field, ranging from blockchain to Watson to chatbots that can rate — and communicate — a potential case's value nearly immediately.

In late 2016, a group of industry leaders formed the Blockchain Insurance Industry Initiative B3i («B3i») to explore the potential of distributed ledger technology (e.g. blockchain) and gain insight into how it can be used in the insuranBlockchain Insurance Industry Initiative B3i («B3i») to explore the potential of distributed ledger technology (e.g. blockchain) and gain insight into how it can be used in the insuranblockchain) and gain insight into how it can be used in the insurance market.

The spokeswoman also said that PayPal is looking for various potential ways through which it can make full use of the blockchain.

A new report by a Royal Bank of Canada analyst outlines potential use cases for blockchain technologies while predicting a $ 10 trillion industry.

However Maechler said some of the technology used in cryptocurrencies such as distributed ledger technology, also known as blockchain, had potential.

There are hundreds of potential use cases for blockchain technology, but very few developers who have experience building decentralized applications.

Telefonica has filed for a patent outlining a potential type of data transfer network that uses a blockchain to ensure reliability.

Now, through the power of blockchain, we have the potential to see exactly how our money is used and when we donate it to good causes,» said Alex Howard, co-founder of Giftcoin, in a statement.

Sonya Kuhnel launched the Blockchain Academy in 2013 with the intention of educating South Africans about cryptocurrencies, blockchain technology, and their potential Blockchain Academy in 2013 with the intention of educating South Africans about cryptocurrencies, blockchain technology, and their potential blockchain technology, and their potential use cases.

A legal expert discusses the potential impact of a new SEC report on the use of blockchain - based tokens for fundraising.

Mr. Cohn spoke to the transparent nature of the blockchain and ability for on - chain analysis to identify potential repeat malicious actors, adding, «Blockchain can be used as a foundation for network analysis for payments... Before you go about paying a ransom, reach out to the (blockchain)blockchain and ability for on - chain analysis to identify potential repeat malicious actors, adding, «Blockchain can be used as a foundation for network analysis for payments... Before you go about paying a ransom, reach out to the (blockchain)Blockchain can be used as a foundation for network analysis for payments... Before you go about paying a ransom, reach out to the (blockchain)blockchain) industry.

In a recent talk at the Bitcoin Milano Meetup, Lightning Labs co-founder Olaoluwa Osuntokun briefly discussed five potential use cases for Bitcoin's Lightning Network, which is essentially a caching layer for payments built on top of the base Bitcoin blockchain.

TUI Group, The World's Largest Tourism Company To Use Blockchain The world's largest tourism company, The TUI Group, sees potential with Blockchain Technology and is gearing up to shift some of its hotel technology to in - house Blockchain.

In addition, a robust economic analysis of blockchain tech implementation inside supply chains reveals an end - to - end win - win scenario where services are leaner and thus less costly operationally — and in terms of overhead, the innovative potential of businesses along the supply chain is drastically increased in the presence of highly robust employee training programs on blockchain usage and use case implementation.

Most can acknowledge the potential use cases of cryptocurrencies and blockchain technologies, but if governments don't recognize this technology as viable, what are the chances of true adoption?

The potential applications of Blockchain are numerous: it is already being put to use in everything from transferring money and arranging gigs for musicians to fighting world hunger.

In an effort to show the potential of the technology beyond its applications in cryptocurrency, the Redmond giant has announced plans to use blockchain tech as the foundation for storing and processing digital identity data.

Andhra Pradesh to adopt Blockchain Technology to Curb Land Property Frauds The Blockchain Technology which is said to be the heart of several operating cryptocurrencies is finding its use for yet another potential application for other industries as well.

The use of blockchain technology has the potential to transform the land registry landscape (pardon the pun) of many African countries if implemented successfully.

This has many potential applications, from using the blockchain agency as a mediator of institutional transactions to cloaking large sum balances and transactions away from the attention of maliciously prying eyes, preventing bandwagon and bot - activated «whales» effects to complementary scaling solutions and possibly engaging the blockchain as a kind of malware detector.

Shedding the haze about the Government's stance in recognizing the potential of «Blockchain» technology and exploring its use for aiding digital economy, the Hon» ble Finance Minister in his budget speech

Some potential uses for blockchain - based applications include proof of ownership, supply - chain management, voter registration and resource allocation.

This week, members of the Trump administration also publicly affirmed their interest in exploring potential use cases of Blockchain technology.

Watching the gaming industry rapidly evolve due to the use of blockchain technology is massively exciting, and while there are still a few creases that need smoothing out, the potential is huge.