Sentences with phrase «successful application of blockchain»

«Bitcoin is a relatively successful application of blockchain technology,» details the translated commentary from congresswoman Wu Xiaolin.
Bitcoin's successful application of blockchain technology as a cryptocurrency spawned a new wave of cryptocurrencies that are collectively commonly referred to as altcoins.

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The following month, the DTCC revealed that the partnership with Axoni had resulted in the successful tests of 85 structured use cases for blockchain applications in credit default swaps.
In addition to seeking more efficient ways of voting using blockchain tech, Singer says a proof - of - concept is currently being tested for an undisclosed application that, if successful, could eventually help connect the US and Canada.
Over the past few months, the entrance of successful decentralized applications such as CryptoKitties, CryptoKribs, Bancor and EtherCraft had led the Ethereum Blockchain network to struggle with scaling issues.
The idea to presale coins of a token or cryptocurrency of a blockchain project has evolved in a super successful tool to raise funds for the development of a new application.
If successful, the privacy - oriented, public blockchain could eventually form the foundation of an ecosystem of distributed applications built by both consumers and big banks looking for a more private means to transact.
The rise in the popularity of successful decentralized applications such as CryptoKitties, EtherDelta, and 0x have congested the Ethereum network, which is already processing more transactions than all of the blockchains in the global market combined.
The foundation of an e-governance system will be tested here, and when successful, the cooperation between the Chinese government and VeChain will likely lead to many more implementations of VeChain's blockchain applications, giving the VeChain platform a major competitive advantage.
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