Sentences with phrase «private blockchain solutions»

Based in Seoul, theloop is a leading provider of private blockchain solutions for a smart connected society.

Ripple, which has been developing private blockchain solutions for the global payments market, claims that it originally agreed to the option contract in order to encourage R3, a consortium of banks working to build a blockchain - based «operating system for financial markets,» to sign a «technology partnership agreement,» essentially a commercial partnership.

Nuco, a project started by Matthew Spoke, Jin Tu and Kesem Frank, three former members of Deloitte's blockchain team, is focused on building customized, private blockchain solutions across various industries.

Do you think private blockchain solutions will dominate the banking sector, or do you think Ripple will continue to make inroads with traditional financial institutions?

Garzik described this work as implementing the «scaffolding» that has perhaps so far led enterprise businesses to seek to create private blockchain solutions.

At the end of 2015, financial incumbents began seeking to build private blockchain solutions and consortium models to further investigate the technology behind Ripple's offerings.

Gideon Greenspan, founder and CEO of blockchain tech specialist Coin Sciences, sees the market for private blockchain solutions contracting.

This is a significant improvement over the current cloned private blockchain solution, which requires custom software for each chain, that can easily get out of date and out of sync with the main Nxt platform.

At the same time, it is important to distinguish between open and private blockchain solutions.

This has led to all the private blockchain solutions being developed today.

The new multi-chain, private blockchain solution was built using open standards, and can provide access to «any number» of real - time gross settlement systems, Porath told CoinDesk.

Founded in 2015, Symbiont has raised a total of about $ 7 million to build out private blockchain solutions, including most recently an undisclosed amount from Hundsun, a tech firm backed by Alibaba founder Jack Ma.

Much of the current development surrounding blockchain technology involves a single blockchain or requires a custom, private blockchain solution.

Initially focused on using public blockchains such those that power the bitcoin and ethereum, the collaborators including infrastructure provider Bloq, auditing firm Libra and identity platform Netki, are now working with a bank to build out a private blockchain solution.

On one hand, Digital Asset was able to attract 14 major banks and IBM for its permissioned or private blockchain solutions, whereas Blockstream's round includes mostly venture capital firms and its technology is targeted toward the bitcoin network.

Some major financial institutions are experimenting with private blockchain solutions.

Unlike ethereum, the platform will be designed as a private blockchain solution with a native wallet for digital fiat and cryptocurrencies.