Sentences with phrase «use of distributed ledger technology»
Code is Contract proponents consider such arguments a poor excuse for sloppy thinking and have developed so - called «smart contracts» which make use of the distributed ledger technology behind Bitcoin to automatically determine not only when there's an obligation to pay, but also effect the payment, in an increasing number of financial transactions.
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Senior experts from business, government and academia were brought together to assess the opportunities for distributed ledgers to be used within government and the private sector, and to determine what actions government and others need to take to facilitate the beneficial use of distributed ledger technology and to avoid possible harms.
Despite having negative opinions on digital currencies, Harker sees «tremendous potential» in the use of distributed ledger technology for risk management in the US banking sector, mainly because of its ability to authenticate transactions:
On March 3, 2017, Powell criticized the issuance of digital currencies by a central bank and praised the use of distributed ledger technology.
SBI Ripple Asia is forming a consortium that will research the use of distributed ledger technology in securities products.
The use of blockchain comes as the ICT Cabinet Secretary Joe Mucheru set up a taskforce headed by former Information principal secretary Bitange Ndemo to explore the use of distributed ledger technology and artificial intelligence for development in Kenya.
is a business blockchain framework for infrastructure projects that require the use of distributed ledger technology.
Iroha is a business blockchain framework for infrastructure projects that require the use of distributed ledger technology.
«Like many financial institutions, Santander has been actively exploring the use of distributed ledger technology and Ethereum has been one of the platforms - of - choice on which to build proof - of - concepts and prototypes.»
The research paper covers the use of the distributed ledger technology in the financial industry, its potential benefits and challenges.
Ripple CEO Chris Larsen is stepping down, handing over to current COO and president Brad Garlinghouse, who will lead the next stage of the firm's efforts to transform cross-border payments through the use of distributed ledger technologies.
The AIFC's working group is aimed at development of legislation regulating cryptocurrency transactions; establishing the ecosystem for the use of distributed ledger technology, crypto assets and blockchain based projects; formation of a favorable environment for innovative development of Kazakhstan and elaborating the dialogue among business, citizens, and government and improving the investment climate in Kazakhstan for development and support of innovative technologies.
Use of distributed ledger technology had been proposed from more than a decade back.
Through the use of distributed ledger technology, Vaultbank will provide a debit card that allows the investor immediate access to their invested funds.