Sentences with phrase «serves as digital currency»

It serves as digital currency and can be traded like any other cryptocurrency.

Other cryptocurrencies may serve as digital currencies, decentralized application blockchains or privacy coins — but for now, Ripple rules the fintech space.

By the OWLchain's integration of ontology language and timed automata into Blockchain, the BOScoin and Trust Contracts will serve as digital currency and smart contract with inherent security assurance.

Not exact matches

As one of the first pieces of major regulatory frameworks encompassing digital currencies and their associated technologies, BitLicense will likely serve as a template for regulators across the U.As one of the first pieces of major regulatory frameworks encompassing digital currencies and their associated technologies, BitLicense will likely serve as a template for regulators across the U.as a template for regulators across the U.S.

He also will serve as senior advisor to MIT's Media Lab, which will include working with the Lab's digital currency initiative and a project on the ethics and governance of artificial intelligence.

In comments delivered toward the end of 2017, Skorobogatova suggested that, in addition to building a payments network across the EAEU, Russia might consider participating in the development of a digital currency that would serve the union as a whole.

The peggable assets also serve as a new way for its people to trade those currencies and commodities, by creating digital version pegged to bitcoin people are able to send and receive those assets over the blockchain.

The RTI — calculated by Crypto Facilities — is sourced in the same manner as the BRR, however, data is sampled from major exchanges (Bitfinex, Bitstamp, Coinbase, Genesis Global Trading, itBit, Kraken) every second and aggregated into one giant order book that will serve as an indicator of global supply / demand for the digital currency.

In his time in the digital currency space, Lee also served as the Director of Engineering at Coinbase.

The story serves as a reflection of how vital digital currency wallets have become for the industry, and how competitive the landscape is today.

Last month an altcoin called auroracoin was distributed to the people of Iceland to serve as a nation - specific digital currency.

As the company continues to expand into other European countries, Kobo will introduce local - language apps with local currency support and Reading Life to serve each country's digital reading needs.

As the company continues to expand into other European countries, Kobo will introduce local language apps with local currency support and Reading Life to serve each country's digital reading needs.

Since it serves as an international digital wallet, Neteller has the functionality of being able to withdraw your funds to your local bank account, in your own local currency.

While decentralised digital currencies have served as an excellent speculative asset, the same can not be said for their use as a medium of exchange, store of value or unit of account.

Bitcoin, being the most accessible digital currency with the highest market cap, could serve as the gateway to other cryptocurrencies.

Yao Qian, the Director of People's Bank of China's Digital Currency Research Institute served as a vocal representative of the Chinese scholars.

Overall, the public statements aimed to serve as a reminder to citizens who may be considering the digital currency as an investment, and both quoted a government circular released in 2013 saying that bitcoin is a virtual good and doesn't have legal tender status.

Theoretically, the payment system mainly deals with the portion of current deposits in «broad money», while the digital currency serves as part of M0 money supply.»

That means companies like Coinbase or Gemini, which serve as marketplaces and exchanges for virtual currencies, and advertisers promoting an ICO or encouraging the purchase of a particular cryptocurrency, are effectively shut out of 70 percent of the world's digital ad market.

The Central Bank's digital currency will serve the purpose of handling as well as regulate the fiat currency.

The «Crown» token, which fuels the platform, serves as a global currency for a digital music economy that includes artists and fans.

A growing online economy surrounds bitcoin, a payment option that serves as a type of digital currency both on and off the Internet.

In sum, those events signaled Coinbase's shift from serving primarily as a bitcoin wallet to an exchange for digital currencies and assets - an evolution the startup actively invoked when unveiling the new dashboard.

However, given how unstable and debt - ridden fiat currencies are at the moment, it is more likely that digital currencies will serve as emergency lifeboats as the Titanic of government currencies goes down — in other words, far from orderly, very messy, but ultimately life - saving.

This Coinbase exchange review will give newcomers a few important pointers on how to interact with blockchain and store digital currency, as well as serve as a basic Coinbase buying guide.

Serving institutions and individuals, Genesis sells blocks of the digital currency, as well as alternatives such as bitcoin, with a minimum order size of $ 25,000.

In India, Finance Minister Arun Jaitley's clear statement that digital currencies would not be accepted as legal tender in the country helped throw a wet blanket on cryptocurrency enthusiasm in the country — which has served as a FUD (Fear, Uncertainty, and Doubt) hotspot at times.

There are different types of tokens that frequently serve as the digital equivalent to physical assets like the gold or fiat currencies.

There's another side of the virtual coin in this discussion — that Bitcoin doesn't need to be an everyday currency, but rather serve as the store of value in the representative form of digital gold.

«Ethereum is still an early and experimental phase, and as it matures, will likely evolve to serve a different purpose than bitcoin... In the meantime, Ethereum is pushing the digital currency ecosystem forward, and we are excited to support it as part of our mission to create an open financial system for the world.»

In addition to serving as an advisor to bitcoin companies like Blockchain and CoinSimple, Antonopoulos spoke with government officials and organized campaigns this year to increase public awareness and understanding of the digital currency.

AQ Rewards serves as an example of a real world implementation of Blockchain technology while introducing a new audience to the concept of digital currencies.

Nowhere is this more apparent than in bitcoin, which continues to serve as the primary bellwether for the digital currency market.