Sentences with phrase «use of blockchain technology like»

It makes use of blockchain technology like its larger counterparts, but there are some minor differences in how it's mined and traded.

Not exact matches

They will be aiming to use blockchains, a technology that made its name as the basis of the cryptocurrency Bitcoin, to maintain secure digital records and improve the traceability of their foodstuffs, like chicken, chocolate, and bananas.

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.

It's been embraced by a host of large corporations like IBM, Cisco, and Oracle, which use the technology in their own blockchain products.

Most recently, the advocacy group held a Blockchain Education Day event in Washington, DC, in which members of Congress mingled with representatives from more than 70 leading companies in the blockchain industry to promote the use of new innovations like blockchain and distributed ledger tBlockchain Education Day event in Washington, DC, in which members of Congress mingled with representatives from more than 70 leading companies in the blockchain industry to promote the use of new innovations like blockchain and distributed ledger tblockchain industry to promote the use of new innovations like blockchain and distributed ledger tblockchain and distributed ledger technology.

Although the Swell keynote delivered by Bernanke was filmed for private use only, some of his remarks regarding blockchain and cryptocurrency applications for interbank transfers have been reported: «It's an obvious area where new technologies like blockchain or these electronic currencies can be used to improve the process.»

Additionally, new blockchain - based technologies like Internet of Coins» «Hybrid Asset» pose a threat to authoritative identity verification, by building protocols that would allow individuals the ability to store and swap digital assets (including cryptocurrencies) peer - to - peer without the use of exchanges.

«One Pay FX uses blockchain - based technology to provide a fast, simple and secure way to transfer money internationally — offering value, transparency, and the trust and service customers expect from a bank like Santander, said Ana Botín, executive chairman of Banco Santander.

Decentralised applications (DAPPs)-- these are applications that use blockchain technology to decentralise other aspects of business like supply chain management or company voting rights.

From solutions designed to increase the use of new technologies like the blockchain, to those aimed at giving consumers a more personalized set of products and services, APIs are being used to unlock all kinds of new capabilities.

Like Ethereum, Bitcoin Cash, or any of the other digital currencies inspired by the rise of Bitcoin, Kuo's «fragments» would be created and distributed using blockchain technology.

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.

The purpose is the rapid development of solutions to improve the legal industry using innovative ideas and emerging technologies like Artificial Intelligence, Blockchain, or the Internet of Things.

Like engineers can not attach the identical engines used to build high performance aircraft to automobiles because of the incompatibility between the two technologies, blockchain technology behind bitcoin and other public cryptocurrencies like Ethereum can not be integrated into centralized banking systLike engineers can not attach the identical engines used to build high performance aircraft to automobiles because of the incompatibility between the two technologies, blockchain technology behind bitcoin and other public cryptocurrencies like Ethereum can not be integrated into centralized banking systlike Ethereum can not be integrated into centralized banking systems.

«By segregating the use of Blockchain from cryptocurrencies reflects the government's intention to use the technology in a gradual and safer manner, before it gets into concepts like replacing currencies,»

WeDoBlockchain, a New - Delhi based group of blockchain enthusiasts aims for educating masses about Blockchain Technology, it's application (like Bitcoin and other cryptocurrencies) and other use cases all over blockchain enthusiasts aims for educating masses about Blockchain Technology, it's application (like Bitcoin and other cryptocurrencies) and other use cases all over Blockchain Technology, it's application (like Bitcoin and other cryptocurrencies) and other use cases all over the world.

Websites like Blockai, Pixsy, TinEye, Ascribe, Mediachain and Proof of Existence promise to use blockchain technology to register and protect against copyright infringement.

«The big Chinese traders are all using CoinCola or going direct to each other through other OTC platforms,» like WeChat or AliPay, said Christian Grewell, a professor of business and interactive media arts at NYU in Shanghai who has lectured extensively on cryptocurrencies and blockchain technology.

Lee was a former Director of Engineering at Coinbase Just like its elder brother Bitcoin, Litecoin allows people to send funds digitally using the Blockchain technology.

This trade represents a milestone of sorts for blockchain technology, as traditional financial institutions look to incorporate cryptocurrency's underlying technology for their own uses — before digital currencies like Bitcoin undermine their status.

Interestingly, some African nations like Kenya, Nigeria, and South Africa are already exploring the use of blockchain technology to disrupt key sectors like transport, oil and gas, financial services, and land registry just to name a few.

Kenya, being an economic giant in the East African region, will gain a lot by implementing the land registry process using blockchain technology and can join countries like Ghana and Rwanda that are already making use of the technology to digitise their land registry process.

«Social security and credit reporting, these concepts in my opinion should be changed, broken down, redesigned... It's really a terrible method for identifying... I would like to see something potentially using blockchain technologies, or maybe just a decentralized system, to help the verification and identification of Americans.»

Decentralised applications (DAPPs)-- these are applications that use blockchain technology to decentralise other aspects of business like supply chain management or company voting rights.

Blockchain is the technology behind cryptocoins like Bitcoin and Ether, but the technology has a wide range of uses besides digital currencies, however.

A Google spokesman explained, «Like many new technologies, we have individuals in various teams exploring potential uses of blockchain but it's way too early for us to speculate about any possible uses or plans.»

Regulation requires them to perform certain functions,» said Mark Smith, chief executive of Symbiont.io, a startup that has emerged from Bitcoin 2.0 and MathMoney f (x) Inc to build a securities trading platform using blockchain technology like that behind bitcoin.

The most interesting talks centered around the still evolving question of whether private blockchains pose a threat to public ledgers like bitcoin, or if they are simply another evolution of the technology specialized for more specific use cases.

This includes the likes of IBM, who teamed up with TenneT to create a pilot platform using Blockchain technology to balance supply and demand of electricity to ensure a supply of electricity.

He noted that a recent surge in transactions on the bitcoin network increased verification times to as high as 43 minutes, which he suggested was a sign that blockchains more broadly would perhaps struggle to accommodate the volume of existing technologies used by firms like DTCC.

The three firms will «work together to explore [proofs - of - concept] using technologies like blockchain,»

A Google spokesperson said, «Like many new technologies, we have individuals in various teams exploring potential uses of blockchain but it's way too early for us to speculate about any possible uses or plans.»

Caving to customer pressure after admitting that the Santander Group began using Blockchain technology in the fourth quarter of 2017 to reduce costs and make cross-border payment transactions more efficient, Banco Santander - Portugal changed its policy about shutting down its customer's cross-border cryptocurrency trades at foreign cryptocurrency exchanges like Luxembourg - based Bitstamp and US - based Coinbase.

In the early days of blockchain, the platforms that used the technology were mostly designed to do things like facilitate transactions of cryptocurrencies.

Much like financial institutions, they are thinking of a permissioned blockchains, but as I mentioned before these «flirts» with the technology will help the Original by educating more and more people on how to use this math - based breakthrough.

Echoing moves by other countries in the past year, Putin also ordered the creation of a regulatory «sandbox» for companies that use technologies like blockchain to develop new products and services.

It is the next major use case for Blockchain, which is not fundamentally a financial technology but can be applied far beyond the popular use cases of peer - to - peer currencies like bitcoin, and the more recent but controversial phenomenon of ICOs or Initial Coin Offerings.

On the first day of the event, the hosting company of the 2nd Blockchain Summit Wanxiang revealed a 200 billion RMB investment in an innovative smart city, which will demonstrate various use cases of emerging technologies like self - driving vehicles, the blockchain technoloBlockchain Summit Wanxiang revealed a 200 billion RMB investment in an innovative smart city, which will demonstrate various use cases of emerging technologies like self - driving vehicles, the blockchain technoloblockchain technology and AI.

Blockchain technology is also growing in terms of its diversity — though best known through cryptocurrencies like Bitcoin and Ethereum, blockchain technology is used to create the platforms of everydayBlockchain technology is also growing in terms of its diversity — though best known through cryptocurrencies like Bitcoin and Ethereum, blockchain technology is used to create the platforms of everydayblockchain technology is used to create the platforms of everyday services.

So not only can blockchain technology be used as the foundation of cryptocurrencies like Bitcoin, Litecoin, and Ether, it can also be used for smart contracts, where it enables people to digitalize their assets in a relatively secure way.

No one can really predict how long it will take for the blockchain to dominant real estate transactions, however, Ragnar Lifthrasir, Founder of velox.RE and the IBREA (International Blockchain Real Estate Association) believes it will be much quicker than most imagine «Like any emerging technology, blockchain will reach mainstream adoption when entrepreneurs create secure, easy to use applications that solve blockchain to dominant real estate transactions, however, Ragnar Lifthrasir, Founder of velox.RE and the IBREA (International Blockchain Real Estate Association) believes it will be much quicker than most imagine «Like any emerging technology, blockchain will reach mainstream adoption when entrepreneurs create secure, easy to use applications that solve Blockchain Real Estate Association) believes it will be much quicker than most imagine «Like any emerging technology, blockchain will reach mainstream adoption when entrepreneurs create secure, easy to use applications that solve blockchain will reach mainstream adoption when entrepreneurs create secure, easy to use applications that solve a problem.