Sentences with phrase «stored on a public blockchain»

For those unfamiliar, smart contract technology consists of a self executing code stored on a public blockchain facilitating the negotiation and performance of a contract.

A blockchain in simplified terms is a group of users or «nodes» on the network that work together to maintain the applications and data stored on the public blockchain.

Not exact matches

(Mining is the process of adding transaction records to a cryptocurrency's public ledger of past transactions, with this ledger validated and stored on the blockchain.

it's broadcasted on the blockchain network and stored on a public ledger, which helps to ensure transparency and integrity of the digital currency.

Keep's a spin - out of Fold, which came out of the company's interest in finding a way to store private information (specifically, gift card data) on a public blockchain.

For the relying party, the option exists to store the provenance rather than the attribute on public and private blockchains and distributed ledgers, thus providing an immutable audit trail for assurance without the compliance risk of collecting, managing and holding the data.

The BitFury Group's white paper, «Digital Assets on Public Blockchains,» explores how digital assets can be securely stored and transferred on the bitcoin - secured public BlockPublic Blockchains,» explores how digital assets can be securely stored and transferred on the bitcoin - secured public Blockpublic Blockchain.

Fold's ICO came out of the company's interest in finding a way to store private information (specifically, gift card data) on a public blockchain.

«Stampery provides this functionality today by creating hashes of documents submitted through the web and storing them on the Ethereum and Bitcoin public blockchains.

Each unit is stored on a shared public ledger of the Stellar network, which is based on blockchain technology.

All records of the application's operation must be stored on a public and decentralized blockchain to avoid issues with centralization.

A blockchain is basically a group of independent users, often referred to as «nodes,» who work together to maintain all of the applications and data that are stored on the blockchain, which is public.

A gaming system built based on the use of the Ethereum blockchain would operate with a high degree of autonomy, and its data and records would be cryptographically stored in a public, decentralized blockchain.

Though users aren't able to inherently link the public key on the blockchain with the private keys used to store the coins themselves, there will always exist a correlation between the two.

The blockchain is the public ledger where all transactions ever made is stored and this ledger is stored on thousands of computers all around the world, which means that everyone knows exactly what coins are sent where and what the balance of all wallets are - but there is no way to know who owns those wallets.