Sentences with phrase «runs on a public blockchain»

Decentralized — The application runs on a public blockchain and is free from the control of a central authority.

Tron some - what copies Netflix's business model but runs it on a public blockchain.

Not exact matches

Blockchain runs on the public internet using an open source software protocol.

The brainchild of Slock.it, a startup in Germany, the DAO takes the form of a smart contract running on Ethereum, a public cryptocurrency blockchain similar to bitcoin.

Ethereum tries to maintain the best of both worlds, with a very public creator lobbying for the coin while the program still runs on blockchain tech and maintains that potential inherent in all coins on the market.

Based on Raft and Juno, Kadena embeds a full smart contract language (Pact) into its blockchain that can be run as either public (plain text) or private (Double - Ratchet encrypted) transactions.

«To overcome these technical barriers, we are collaborating on decentralized layer - two protocols that run atop these public blockchains to achieve global scale, while preserving the attributes of a world class DID system,» Patel wrote.

Similarly in Ethereum, there's The Public Ethereum blockchain, and there are many private Ethereum - flavoured blockchains running on corporate networks and home computers.

Global Macroeconomic Investor's Raoul Pal has commented on the news that AIG is running an insurance contract on a private blockchain, noting that no large companies use a public ledger such as Bitcoin, instead preferring the use of private blockchains

The component which executes the smart contracts is the Ethereum Virtual Machine (ie eris: db understands the same smart contracts that run on the public Ethereum blockchain).

«To overcome these technical barriers, we are collaborating on decentralized Layer 2 protocols that run atop these public blockchains to achieve global scale, while preserving the attributes of a world class DID system.»

On a public blockchain such as Bitcoin or Ethereum, all validators run the code to create a network - wide consensus about the result.

Based on Raft and Juno, Kadena embeds a full smart contract language (Pact) into its blockchain that can be run as either public (plain text) or private (double - ratchet encrypted) transactions.

Smart contracts are code running on (usually) public blockchains, like Ethereum, and can offer the functionalities of securities more cheaply and more transparently than public securities — or even more privately, when encrypted on the blockchain (Oraclize.it encrypted queries) and able to disclose different information to different types of investors.

Spark is built on Ethereum and can run on private and public ethereum blockchains, while being designed for compatibility with other DLT technologies and runtimes.

Using PGP encryption software and the bitcoin blockchain — a cryptographically secured public ledger that runs on machines across the internet — the project creates a mathematically iron - clad identification paper that would be extremely difficult, perhaps impossible, to fake.

COMSA provides a complete Blockchain and token economy platform that delivers a managed service for utility token economy design, running Initial Coin Offerings (ICOs), token exchange listings regulated by Japan's FSA and interoperable enablement of NEM and Ethereum public networks and private enterprise Blockchain solution mijin, built by Tech Bureau based on the NEM protocol.

The network runs on its own public blockchain to create an entire ecosystem on which decentralized applications (known as DAPPS) can be built.

To overcome these technical barriers, we are collaborating on decentralized Layer 2 protocols that run atop these public blockchains to achieve global scale, while preserving the attributes of a world class DID system,» Microsoft post.

But while CryptoKitties runs on the public Ethereum blockchain, Baidu has not revealed whether Leci Gou is using a public blockchain or a private one.

The value of tokens on the public blockchain protocol reached a high of $ 1,039 today, continuing their recent run of stability.