Sentences with phrase «underpinning cryptocurrencies»

Blockchain is best known as the technology underpinning cryptocurrencies like Bitcoin.
New Zealand's central bank has issued a statement seeking to educate citizens of the fundamentals underpinning cryptocurrencies, as well as the implications of such on monetary policy.
This is despite the fact that the technology underpinning these cryptocurrencies is substantially different.
Blockchain is the digital, distributed, and decentralized ledger often underpinning cryptocurrencies that's responsible for recording all transactions without the need for a financial intermediary, like a bank.
The technology underpinning the cryptocurrencies such as bitcoin, litecoin and others, is «one of the first truly disruptive ideas from the FinTech sector,» Deutsche Bank Research has said in an online post titled Blockchain — attack is probably the best form of defense.
Blockchain is the technology underpinning cryptocurrencies such as Bitcoin.
Speaking at the World Economic Forum in Davos, Switzerland, Soros explained how the technology underpinning cryptocurrencies such as Bitcoin can play important roles in immigration.
Blockchain, a shared ledger of transactions maintained by a network of computers on the internet, is the technology that underpins cryptocurrency bitcoin.
Essentially a distributed database, a blockchain — the system that also underpins the cryptocurrency Bitcoin — serves as a public ledger that can never be erased or rewritten.
Blockchain is the technology that underpins cryptocurrencies.
Blockchain, a digital ledger of transactions, underpins cryptocurrencies in general and can be used to track, record, and transfer assets across all industries.
Jaitley said, however, that the Indian government was interested in the potential of blockchain — the technology that underpins cryptocurrencies.
The competition is intensifying to use blockchain, the technology that underpins cryptocurrencies such as Bitcoin, to try to eliminate battery minerals produced by child labor.
Ever since Bitcoin was introduced in late 2008, the blockchain code that underpins the cryptocurrency has been the source of hope and fear — and much hype.
For those unfamiliar with blockchain, it's the digital, distributed, and decentralized ledger that underpins cryptocurrencies and is responsible for recording all transactions without the need for a financial intermediary.
Bitcoin may be off limits, but the coffee chain is not overlooking the technology that underpins cryptocurrencies.
Blockchains are the technology that underpin cryptocurrencies like bitcoin, but they have uses other than currencies.
Blockchain is the tech that underpins cryptocurrencies, and very clever it is too — so clever in fact, that utilising it to its full potential could change the way we manage society in the future....
New evidence has surfaced that Google is considering taking blockchain technology, which underpins cryptocurrencies, more seriously.
Blockchain is the technology that underpins the cryptocurrency Bitcoin.
Blockchain may be widely known as the technology that underpins cryptocurrencies like Bitcoin,...
The draft law defines a new type of contract, a smart contract, based on the same blockchain technology that underpins cryptocurrencies.
These factors all end up being counterproductive to the principles underpinning cryptocurrency which are to eliminate the power that banks have over money.
«Blockchain technology, the distributed ledger mechanism that underpins cryptocurrencies such as bitcoin, is genuinely innovative and could have wide - ranging applications across financial services and beyond.

Not exact matches

Additionally, cryptocurrencies and the distributed ledger that underpins the technology offer an audit trail that can make fraud and theft considerably more difficult.
Four of the world's largest automakers are part of a new group working to bring blockchain technology, which underpins bitcoin and other cryptocurrencies, to your car.
Cryptocurrencies are a speculative investment now but the blockchain technology that underpins them seems certain to have major implications.
It's the technology underpinning popular cryptocurrencies like bitcoin and ether, and companies that use blockchains to build their core products can also use them to create tokens as a form of equity.
Those backers believe cryptocurrencies and the «blockchain» technology underpinning them will transform the way money is stored and transferred, upending the conventional banking system.
Within the ledger technology — the actual underpinnings of cryptocurrencies — is where Holmes said there's potential.
Back in January, we covered some of these basics by examining what cryptocurrencies are, and why they were developed, then proceeded to examine the advantages and disadvantages of the blockchain technology that underpins most digital currencies.
I wrote back then what I write today: bitcoin is only one type of cryptocurrency, and its success / failure has no bearing on the philosophical underpinnings of the digital asset class.
Founded in 2013, Coinfloor offers clients stable and liquid platforms to trade and invest in cryptocurrency, underpinned by core values of trust, reliability and security.
Blockchain — the technology underpinning Bitcoin and a majority of other cryptocurrencies — has the potential to disrupt a number of industries.
Although the new program will not trade cryptocurrency, it will use the landmark record - keeping technology that underpins it.
To be clear, none of this is to attack bitcoin, the other cryptocurrencies or the extraordinary «distribution ledger technology» that underpins them.
Companies across Japan's booming cryptocurrency industry are scrambling to hire engineers, including cybersecurity experts and specialists in blockchain, the computer code that underpins bitcoin.
Passionate about cryptocurrencies, and the blockchain that underpins them, Dadiani believes that they will have a profound impact in every sphere of business and our everyday lives.
Most companies who have pursued ICOs this year tend to be linked to either cryptocurrency or the blockchain technology that underpins it and this has pushed up the salary of developers in the country.
Underpinned by elastic algorithm - controlled monetary policy, the team behind USDX Protocol stated that the system will ensure that / USDY will never stray too far from its pegged value, thus safeguarding against volatility in price, which is a major issue for cryptocurrencies such as Bitcoin.
In all three cases, regulators have failed to understand the technical and economic underpinnings of cryptocurrency and have drafted regulations that could well cause more harm than good.
A hacker has allegedly just stolen around $ 7.4 million dollars worth of ether, the cryptocurrency that underpins the app platform ethereum, by tricking victims into sending money to the wrong address during an Initial Coin Offering, or ICO.
A team of some of the world's leading blockchain, the revolutionary technology that underpins Bitcoin — and other fintech experts have created this new app which, I believe, is going to set a new standard in the thriving cryptocurrency sector.»
This new directive underpins the government's ban on cryptocurrency exchanges, enacted in September 2017.
Ether is the name of the cryptocurrency which runs on the ethereum blockchain, which is the technology that underpins the digital coin.
Founded in 2013, Coinfloor offers clients stable and liquid platforms to trade and invest in cryptocurrency, underpinned by core values of trust, reliability and security.
Distributed ledger technology, or DLT, is the advancement that underpins an array of new financial products, including cryptocurrencies and digital payment services.
These are cryptocurrencies that try to build on the inefficiencies and various other detrimental aspects of first and second generation coins like bitcoin and Ethereum in order to try and (for want of a better phrase) future - proof the technology that underpins them.
I believe the general inability to discern the underpinnings of cryptocurrencies is a pillar of its meteoric rise.
Further, blockchain startups have become a major source of jobs, which means it is highly unlikely that economies will go as far as to ban the use of cryptocurrencies and the underpinning technology outright.
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