Sentences with phrase «prominent use of blockchain technology»
The most prominent use of Blockchain technology in legal is smart contracts.
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An alternative would be to use some elements of blockchain technology and have some prominent institutions such as financial institutions or the government run or facilitate a «permission - based ledger.»
In contrast to other prominent banking institutions, some of which are interested in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.»