Sentences with phrase «secure ledger transactions»

Not exact matches

Blockchains are distributed ledgers that keep a secure record of transactions, whether financial or otherwise.

It's organized through a network known as a blockchain, which is basically an online ledger that keeps a secure record of each transaction all in one place.

Blockchain is the ingeniously simple, revolutionary protocol that allows transactions to be simultaneously anonymous and secure by maintaining a tamper - proof public ledger of value.

Dash is one of the oldest anonymity coins to do this, meaning that it's essentially a more secure version of bitcoin that better protects the identity behind any transaction on the ledger.

It's a hot and noisy job crunching the algorithms that verify transactions for the blockchain, a secure public ledger.

The pilot program aims to achieve a secure distributed ledger across financial institutions, enabling banks to work together to process transactions.

It combines liquid democracy — which gives individuals more flexibility in how they use their votes — with blockchains, digital ledgers of transactions that keep cryptocurrencies like bitcoin secure.

A blockchain serves as a distributed ledger, a record of transactions or other information that is secure from alteration and that operates without any central authority.

A distributed ledger A blockchain serves as a distributed ledger, a record of transactions or other information that is secure from alteration and that operates without any central authority.

Blockchain is essentially a ledger, decentralized with copies maintained across numerous computers, which maintains records of transactions which can be added to in an automated and secure manner.

It's decentralized (doesn't have a single point of failure), secure (utilizing cryptography to validate every transaction), immutable history (write - once, spend - only attribute of the ledger), efficient (exchange of information is fast and easy) and transparent (everything is documented).

Because Bitcoin's blockchain provides the world's most secure ledger for transactions — or for any kind of record — many people value the tokens for using the Bitcoin blockchain.

For a newbie, Blockchain is an immutable digital transaction ledger, a repository where every stage of transaction is recorded which can not be altered, and where data is secured from tempering and revision.

For the online gambling industry, cryptocurrency's appeal lies in its promise to cut out the middlemen, along with their outrageous fees, and help secure transactions with the distributed ledger system for decentralized transactions with massively lower fees.

Built on Blockchain, a distributed ledger to create secure transaction records across a network, the project will enable users to participate without having to reveal personal information about themselves.

The blockchain is the distributed open ledger that stores transactions and is secured by the network of miners.

In order to hash transactions on the blockchain ledger, a huge amount of electricity is used in a concept called Proof of Work making the network truly secure.

He elaborates: «You put the Coco code in the secure enclave, along with the code that implements the ledger, the transaction validation and processing of the ledger, and the smart contract runtime, plus the constitution that has the rules for how new members get added to your network and how you eject members from the network.»

The birth of Bitcoin in 2008, and the introduction of blockchain technology, a way of creating a distributed common ledger that is both secure and decentralized, has opened up a new paradigm to which transactions can be made.

One of the many reasons that people are so bullish on blockchain technology is the fact that transactions are recorded on an immutable ledger that is 100 % secure from external actors.

«It allows a decentralized ledger system to manage transactions in a secure manner.

Blockchain, the technology behind bitcoin, is a revolutionary distributed - ledger technology that offers a secure and immediate way of transferring a range of data — more specifically, in this case, currency transactions.

Having an up - to - date record keeping system capable of documenting individual transactions within a secure business ledger is important for any health club to sustain its growth by not only retaining existing members but also acquiring new clients.