Sentences with phrase «rely on blockchain technologies»

Blockchain tech is disrupting pretty much all industries today, and future technologies will likely rely on blockchain technologies in lightning - fast, secure transactions.

The companies then hope to persuade other companies to rely on the blockchain technology in the same way, and make it a common practice across the jewelry industry.

Instead they rely on blockchain technology.

Crypto - currency relies on blockchain technology.

Lawyers will be instrumental in designing the rules of conduct needed to build trust in the systems relying on blockchain technology, which originated as a reaction against centralization and rules.

IOTA - IOTA is a distributed ledger platform and one of the few prominent cryptocurrencies that does not rely on blockchain technology.

Bitcoin, a cryptocurrency that relies on blockchain technology to function is more popular than ever before and If you want to get serious about investing in Bitcoin, you need to understand how it all works.

Decentralized currencies are becoming more popular, and have recently hit the mainstream thanks to Bitcoin, a cryptocurrency that relies on blockchain technology to function.

Following a collaboration with the Decentralized Identity Foundation (DIF), Microsoft has revealed its plans to rely on blockchain technology to solve some of the challenges we face when managing our identities and personal data digitally, such as improving privacy and security across the physical and digital world.

Relying on blockchain technology and artificial intelligence, it creates an automatization of the shopping experience and enables users to use different cryptocurrencies in online and offline stores.

Many of these cryptos rely on blockchain technology, which is essentially a distributed ledger that is decentralized and records transactions that are typically unable to be modified.

Not exact matches

There a lot of good reasons for the hype — not least because digital currency and blockchain technology (an online ledger system that relies on multiple computers) has gone mainstream — but also reasons for caution.

Three members of the CNBC Financial Advisor Council chime in on the prospect of cryptocurrencies, and the blockchain technology they rely on, as investments.

Like other virtual currencies, such as Ethereum and Ripple, bitcoin has no central authority and relies instead on thousands of computers across the world that validate transactions and add new units to the system - technology known as blockchain.

This is faster, simpler, and cheaper than creating a coin because it doesn't require the time and effort to build and maintain a new or forked blockchain and instead relies on the technology already in use for Bitcoin or Ethereum.

However, as Finextra points out, the hype cycle is calming down as bankers and financial institutions come to recognize that blockchain is best applied to use cases such as cross-border payments, where the risk of relying on outdated technology outweighs hesitance to try a new solution.

Advocates of the currency and the technology it relies on to document transactions, blockchain, were dismayed by the ruling.

The digital currency leverages blockchain technology and relies on the Proof - of - Service (POS) consensus algorithm to maintain the network.

Blockchain technology can enable entities independent of each other to rely on the same shared, secure and auditable source of information to manage individual identities.

Coupit is a revolutionary e-commerce platform that relies heavily on blockchain technology to function as a decentralized marketplace.

These currencies rely on complicated mathematics and blockchain technology to create a system that allows users to pay, store, and get value from these currencies.

Meanwhile, blockchain technology is being used to provide electronic evidence to shape verdicts: instead of relying on a single judges» interpretation of the law, AI - provided answers to specific questions and clarifications relating to the case can help to disperse uncertainty in judgement.

Based on the excellent Blockchain technology, asset transfer will register a significant downfall in cost since it shall not have to rely on a centralized system like bank which brings along its own overhead expenses.

We're relying on the technology, the blockchain.

Bitcoin was developed with the aim to provide financial independence to people and is backed by the Blockchain technology - a platform that doesn't rely on banks, governments or any other institutions.

The same technology that makes blockchain networks resilient, relying on the distributed network of miners to maintain transaction history, creates an opportunity for dishonest users to double - spend their coins, if they act quickly.

And because Agajanyan hopes that app will «last forever,» Blockstack, with its virtual chain technology, where an app does not rely on a single blockchain, was a perfect choice.

Unlike standard blockchain technology used by most companies, IOTA relies on a method it calls Tangle.

«By using blockchain technologies, data will be secured from hackers as transmitted through the unforgeable blockchain network and users will be transmitting their own data with one another based on trust with no need to rely on third - party OTT businesses.»

With its discovery, inventory and loyalty pillars relying on artificial intelligence and blockchain technology, it promises to transform commerce as we know it.

Prior to the emergence of blockchain technology, businesses relied on bank loans or interventions from venture capitalists and angel investors to achieve the funding that they need.

Blockchain is often regarded as an «anti-establishment» innovation associated with digital currencies, such as bitcoin, which rely on the technology.

For blockchain startups working on this open - source technology, their professional reputation relies on their perceived efforts to keep the bitcoin network mostly decentralized.

Lockchain.co is aiming to decentralize the hospitality industry, completely cutting out the middleman by enabling customers and property owners to rely on the inherent benefits of Blockchain technology.

SWIFT is known worldwide so GPI is already in use at 36 banks, but they still don't use blockchain technology and rely on good old databases and centralized systems.

Released with full source code available, it allows anyone to rely on the existing robust and proven Nxt blockchain technology for their own specific application, and spawn a new public blockchain, with its own token, and unique features, as permitted by the open source Jelurida Public License for the Nxt blockchain.

The company's B2B Connect platform relies heavily on blockchain architecture and there are hopes to use the technology to ease the process of cross-border transactions in the near future.