Sentences with phrase «regulate decentralized applications»
Included in this category are questions such as whether cryptocurrencies are legal tender, or how to regulate decentralized applications.
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[30] The criminal justice system is very decentralized in one aspect — trial courts are based in each inhabited island, and there is no «single central judicial authority» to regulate the application of law or judicial conduct.
The Colony protocol, which is built as open - source smart contracts on the Ethereum network, is designed to enable developers to integrate decentralized and self - regulating division of labor, decision - making and financial management into their applications.
Will Warren, the startup's co-founder and CEO, said, in the two years that have passed since ethereum's genesis - block, numerous decentralized applications have created smart contracts for peer - to - peer exchange, but that few have risen to the level of disrupting existing regulated exchanges.