Sentences with phrase «unalterable blockchain»
The firearm creates a record each time it is drawn or fired on a transparent and unalterable blockchain, so that firearm used by police personnel will be used to make departments more accountable.
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It's the technology that drives bitcoin and other digital currencies, but the blockchain framework has the potential to go far beyond these and create an unalterable and open - to - all record of virtually everything we care about.
The blockchain system through Attores ensures that signed contracts are unalterable, making it hyper - secure.
Blockchain technology, allowing multiple players to have access to a live, unalterable digital ledger, offers game - changing possibilities for international trade finance.
Learning Machine CEO and co-founder Chris Jagers emphasized upon the point that platforms such as Blockcerts have a significant role to play as the organizations and students can verify their credentials on the unalterable Bitcoin Blockchain even after the issuer of credentials decide to terminate their operations.
Simply put — the Blockchain is an unalterable public ledger where every single bitcoin transaction is recorded, enabling peer - to - peer payments to be made without the need for a bank or other third - party.
The Blockchain technology that makes bitcoin work uses cryptography to verify and confirm all bitcoin transactions and then records those transactions on a searchable — and unalterable — public ledger.
PO.ET or Proof of Existence 2.0 is a Bitcoin Blockchain protocol that establishes an open, universal and immutable ledger for managing the unalterable ownership, attribution and licensing of creative digital assets.
«Simply put - the blockchain is an unalterable public ledger where every single bitcoin transaction is recorded, enabling peer - to - peer payments to be made without the need for a bank or other third - party».
Blockchain allows eCharge to utilize smart grid technology that tracks and records each unit of energy distributed across the network in an unalterable ledger.
A two - way smart contract is an unalterable agreement stored on the blockchain that has specific logic operations akin to a real - world contract.
«By keeping an audit trail of all transactions on an unalterable distributed ledger, blockchain technology establishes accountability and transparency in the data exchange process.»