Sentences with phrase «use different blockchains»

For example a hospital, school, and insurance company all using different blockchains can use the ICON network as a bridge in order to reduce processing times and fees.

Creating tutorials and educational materials for COMIT network developers using different blockchains such as Ethereum and Bitcoin

However, every try ultimately failed because both Bitcoin and Ethereum use different blockchain models.

In fact, most developers creating smart contracts use a different blockchain, like Ethereum.

The template, Microsoft representative said, is likely to be the first of many that automate the process using different blockchain projects.

Not exact matches

The blockchain concept has now been replicated and is being used to power hundreds of different altcoins that can all be bought and sold on digital exchanges.

Ludwin: Because the core innovation in a blockchain — now a blockchain by the way is just a data model; it's being used — to meet — to address a lot of different things in, you know, corporate marketing at an event like Davos.

Analytics are going to play more and more of a function in deciphering huge quantities of data, making sense of it, applying it into many different areas and then using blockchain technologies to securitize that.

The proposed legislation would apply to three different types of distributed ledger technology platforms: private networks for internal use within a company, private networks that are accessible to certain entities outside the company that deployed them, and public blockchains.

Both Litecoin and Bitcoin use a Proof of Work (PoW) blockchain protocol, however they use different PoW algorithms.

Blockchain ecosystems use different methods for a consensus algorithm depending on their needs and goals.

Blockchain technology can be used in many different ways these days.

There is the permission list — bitcoin, Ethereum, public blockchains — and then there is a whole other ecosystem where established financial institutions, kind of the traditional market if you want to think about it that way, is trying to apply this technology but in a different way using private networks where you don't need the same trust because these banks will know each other.

But the coin and the blockchain are two very different things, capable of acting and being used independently.

Once fully operational, the project's blockchain will be the largest of its kind across the world and will be used in several different fields.

According to Ledger's description of its Blockchain Open Ledger custom operating system, these different currency management applications run in isolation from each other and can not access the memory or storage used by another, which means that cryptographic secrets they must remain secure even if an application is compromised.

Organizations across the world are using the blockchain technology in different ways.

Using a Blockchain which is 40 times faster than Bitcoin and having one of the most decentralized mining systems in the world — based on 5 different synergistic algorithms.

Every blockchain system will have a different level of non-centralization in order to meet the demand of different use case scenarios.»

And the reason they trust it now is using things like PayPal and again the micropayments, the Bitcoin, the blockchain all these different things, will be ways of technology where people will be able to trust it more.

Spanish banking giant BBVA has completed a pilot that issued a $ 91 million corporate loan using two different blockchain technologies.

In the same way, two tokens may use similar codebases (monetary policies) but have different blockchain databases (monetary bases).

Blockchain technology is increasingly gaining traction in a variety of different markets and industries, including insurance, securities, and enforcing contracts, and with these new uses come new legal considerations.

Oliver has acted as advisor to established companies in different sectors on how best to adopt / use crypto - currencies and helped a number of central banks by providing thought leadership in the Blockchain / Distributed Ledger Technology and Crypto - Currencies.

Launched in 2016 with the goal of bringing Red Hat - inspired services to bitcoin, Garzik echoed a familiar refrain in an interview, voicing his belief bitcoin is still destined to form the «root of an Internet of blockchains,» others of which may have different use cases and attributes.

Charlie's penchant for projects that aim to give freedom back to users by solving a problem that exists in services people use everyday aligns nicely with Particl «s vision: to foster a fully independent, decentralized economy and provide a sustainable environment of collaboration and innovation that empowers peers across different blockchain projects while respecting their rights to freedom and privacy.

Analytics are going to play more and more of a function in deciphering huge quantities of data, making sense of it, applying it into many different areas and then using blockchain technologies to securitise that.

Finney, the world's first blockchain - based smartphone, can automatically convert tokens for the use of decentralized applications, without having to obtain the different tokens through an exchange, Sirin said.

Just as roads can take you to all different kinds of places, blockchains can be used for diverse ends.

Wieck added that Dubai is leading the world in blockchain adoption as its recent policies mandated the research and development of ways to use blockchain tech in different areas.

They would all remain part of the same network, use the same blockchain and transact in the same currency; it's just that some users may be looking at slightly different data.

Public and private blockchains have very different use cases and solve a different set of problems.

In bitcoin, a transaction is an exchange of bitcoin, but other platforms like Ethereum are using the blockchain to store many different types of data, and all the transactions are shared and replicated throughout the various users of the blockchain.

The protocol that Olympus Labs uses has to solve the issue of how two parties from different blockchains who do not trust each other can execute a sophisticated transaction.

Blockchain is not only involved in Bitcoin transactions, but its uses can extend to other different areas.

As a sign of the divide, BitGo co-founder CTO Ben Davenport in a recent Medium post even went so far as to extrapolate how the bitcoin network could deal with two competing blockchains used by different parts of the community and with different prices for bitcoin on those ledgers.

People use the term «blockchain technology» to mean different things, and it can be confusing.

People want to use the Bitcoin blockchain for many different use cases, but the people who are going to have mostly unconditional access to the blockchain are going to be the ones paying the highest fees.

Although many people view consortium blockchains as competition for Bitcoin, the reality is that these systems are mostly intended for different use cases.

Enjin Coin is a token on the Ethereum blockchain designed to be used across a wide range of different websites and online games.

Although still in testing phase, the lightning network can now be used to send transactions across different blockchains.

It is, therefore, not surprising that several African blockchain startups are already using this technology to address a range of different challenges on the continent.

Meanwhile, venture capitalists have invested roughly $ 1 billion in 120 blockchain - related start - ups — half of that investment taking place within the last calendar year.3 Investors recognize that the blockchain ecosystem lends itself to different use cases and technology enablers, from payment processors and digital wallets to cryptocurrency exchanges and blockchain - based platforms.

The cryptocurrency exchange said the move forms part of a plan to transition from «a company to a community» by developing its new Binance Chain, which will be used to transfer or trade different blockchain assets.

Relying on blockchain technology and artificial intelligence, it creates an automatization of the shopping experience and enables users to use different cryptocurrencies in online and offline stores.

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.

Mastercoin and Counterparty are somewhat more abstract; they use the Bitcoin blockchain to store data, so a Mastercoin or Counterparty transaction is a Bitcoin transaction, but the protocols interpret the transactions in a completely different way.

Tradeshift's Gert Sylvest: Hyperledger's Modular Approach to Blockchain Allows Trust for Many Different Use Cases

Because they all have different needs and requirements, and none (to my knowledge at least) are interested in using Bitcoin or Ethereum's blockchain to distribute their trust.

This means that it can be used to run checks on any number of different blockchains.