Sentences with phrase «replaced by blockchain technologies»

It means that the value of all public companies in the world, which provide services that can be partially replaced by blockchain technologies, is approximately $ 31 trillion.

Not exact matches

With the development of blockchain technology and digital asset market, Crebit will inevitably replace traditional mobile payment products such as Paypal, Alipay, and WeChat in the future and will no longer be restricted by geographical areas, enabling global involvement in the digital asset financial field.

Blockchain technology is still in its infancy and widespread adoption by the world's financial services institution would be necessary to replace the status quo, according to Matthew Spoke, strategy and execution lead at Rubix, a blockchain software platform launched by professional services firmBlockchain technology is still in its infancy and widespread adoption by the world's financial services institution would be necessary to replace the status quo, according to Matthew Spoke, strategy and execution lead at Rubix, a blockchain software platform launched by professional services firmblockchain software platform launched by professional services firm Deloitte.

«By segregating the use of Blockchain from cryptocurrencies reflects the government's intention to use the technology in a gradual and safer manner, before it gets into concepts like replacing currencies,»

Private blockchains give you the ability to replace the need to trust a centrally - trusted entity by replacing it with technology.

No fringe concept, the question has long been openly asked by innovators in the blockchain industry as well as FinTech professionals due to the potential of the technology to replace financial intermediaries.

In a recent, related article published by the RBC, Frédérique Carrier, managing director and head of investment strategy for RBC Wealth Management in the British Isles, argued that, while cryptocurrencies are unlikely to replace traditional money, blockchain technology could have wide - ranging implications in many industries and for investors in the medium - to - long term.

The Australian Securities Exchange (ASX) has announced that it will replace its CHESS post-trade settlement system using technology developed by blockchain startup Digital Asset.