Sentences with phrase «term value of blockchain»

Following a State Street report published last week on the long - term value of blockchain and other technologies, the bank's executive vice president of global exchange, Lou Maiuri, elaborated on how his group is experimenting with new ways to capitalize on blockchain tech.

Not exact matches

People who believe in the long - term value of the Ethereum blockchain might actually approach the digital asset as a security — though they don't possess any voting rights or a formal investment contract.

Blockchain could also facilitate the growth of services such as AirBnB where people can exchange real estate assets for monetary value over a short term.

Because of distributed consensus, attempted alteration of the blockchain by a malicious node in terms of the time value will be detected by honest nodes.»

For those of us that have done our homework, for those of us that are bullish on the long - term utility of blockchain technology and for those of us that believe there is considerable future value for digital assets, Santa has come early.

The crypto / blockchain space is moving so fast who knows where we'll be in a year, and I've no idea where Bitcoin will end up (in terms of its value vs. the dollar), but I definitely like Kryptonite 1's investment strategy, particularly the specific & pretty unique exposure it offers to the sector.

Just as businesses find value in use of the blockchain, tax agencies should also find efficiencies in terms of security and assurance if their records are maintained with this technology.

Furthermore, significant changes in the value of a cryptocurrency also preclude consumer loans on the blockchain, prediction markets, derivatives and long - term smart contracts that require price stability.

Assia indicated that such use cases, in his opinion, are key to bitcoin gaining long - term value, arguing that any alternative use of the bitcoin blockchain, in turn, makes it more valuable.

Another key point made by Lombrozo during the panel discussion was that different players in the Bitcoin ecosystem desire different features in the protocol; for example, long - term holders may not care as much about $ 10 on - chain transaction fees as those who have built businesses around the use of the blockchain for coffee purchases or other low - value transactions.

If you're still wondering about the potential of blockchains in dollar terms, the World Economic Forum predicts that 10 percent of the world's GDP will be stored with blockchain tech in 10 years» time — representing a $ 7.8 trillion value in today's prices.

A big part of that was a long - term bet on blockchain and digital currency technology, which we thought held the potential to provide the missing layer of protocols needed for open value exchange.»

«In the years to come, we expect the vast majority of issued digitized tokens to use the ACCoin system, much in the same way that the majority of Blockchain applications currently use Ether,» explains Lin, «so by anchoring both Bitcoin and Ether in the A-SDR, we are actually adding value to these coins for the future, as they will finally be able to be quantified in terms of a «basket» bound to real things.»

A bit of a political term, it's meant to describe what happens when a blockchain splits in two, as users suddenly have equal value on both blockchains.

For Bitcoin, perhaps the most well - known incarnation of blockchain, the value of the balances within the ledger is defined in terms of money.