Sentences with phrase «shared ledger technologies»

While Ripple uses the same shared ledger technology used by other cryptocurrencies, it is different to them in some aspects, which are:

Not exact matches

Blockchain, a shared ledger of transactions maintained by a network of computers on the internet, is the technology that underpins cryptocurrency bitcoin.
ICOs use the blockchain cloud - ledger technology pioneered by Bitcoin to sell digital «tokens» that are comparable to company shares.
Baldet had been heading up JPMorgan's Blockchain Center of Excellence, where she led the product direction for Quorum, JPMorgan's business - oriented blockchain, a buzzy database technology that uses shared ledgers for record keeping.
Blockchain technology, also known as distributed ledger technology, is a form of shared database originally developed to underpin the digital currency bitcoin.
Electronic firearm tracking technology is defined as «a platform, system or device or a group of systems or devices that uses a shared ledger, distributed ledger or block chain technology or any other similar form of technology or electronic database for the purpose of storing information in a decentralized or centralized way, that is not owned or controlled by any single person or entity and that is used to locate or control the use of a firearm.»
Also known as distributed ledger technology (DLT), it is a shared record of information that is maintained and updated by a network of computers rather than a central authority.
Distributed ledger technology improves transparency into share ownership, provides easy tracking of changes in the capitalization table, and facilitates fast transaction clearing and settlement.
As part of this interesting proposal, he talks about the «Austrian cryptocurrency myth» that tokens created in the operation of a double permissionless shared ledger could compete with fiat currencies in everyday use and concludes that for reasons relating to both technology and governance they could not.
Byrne made history again in Dec, 2016, when Overstock.com issued the first shares of a public company ever traded on an alternative trading system (ATS) utilizing the blockchain's distributed ledger technology.
With advances around data analytics, shared infrastructure, artificial intelligence and, of course, distributed ledger technology (DLT), FinTechs are more in vogue right now than ever before.
Of course, this very - limited - purpose explanation hides the complexity of the technology that allows the shared ledger to function, particularly for anonymous transactions.
Also known as distributed ledger technology (DLT), it is a shared record of information that is maintained and updated by a network of computers rather than a central authority.
The NEM.io Foundation, a Singapore - based organization supporting NEM blockchain technology, says it has a full account of the whereabouts of Coincheck's hacked NEM, tracing the currency on the blockchain shared ledger.
Finally, in the The Netherlands, the Dutch central bank is all set to support a new «blockchain development campus», which will enable banks to develop and share information regarding the use of blockchain, the distributed ledger technology behind bitcoin.
Blockchain has turned into a catch - all phrase for anything involving a shared ledger or database but the technology was first created by Satoshi Nakamoto for the purpose of tracking and confirming Bitcoin transactions.
ICOs represent a newfangled way for ventures based on blockchain technologyshared ledgers that power cryptocurrencies — to raise funds and create their own miniature virtual economies.
Distributed Futures was created as a forum for senior people to meet and network with a group of their peers four times a year and share intelligence on mutual distributed ledgers, cyrptocurrencies, blockchains, FinTech, RegTech, and other interesting topics where disruptive technology meets finance.
Peer - to - peer in nature, distributed ledger technology is shared, transparent and decentralized, making it ideal for application in finance and countless other areas such as manufacturing, banking, insurance and the Internet of Things (IoT).
Each unit is stored on a shared public ledger of the Stellar network, which is based on blockchain technology.
The change is coming, so excited shared ledger systems are the foundation of economic activity for humanity and technology should have never been any other way.
Peer - to - peer in nature, distributed ledger technology is shared, transparent and decentralized, making it ideal for application in finance and countless other areas such as manufacturing, banking, insurance and the Internet of Things.
The Hyperledger Project was founded in December of 2015 and aims to create common distributed ledger technology that is shared, transparent and decentralized, making it ideal for application in finance and countless other areas such as manufacturing, banking, insurance and the Internet of Things.
For the majority of the time, banks and cryptocurrencies haven't shared a cordial relationship altogether as the latter's decentralized distributed ledger technology is supposed to pose a substantial risk to the existing banking systems.
This type of technology allows sharing, distribution and linking of information, specifically ledgers and financial records in digital form.
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