Sentences with phrase «use of the blockchain technology»

JPMorgan's Dimon, for instance, said his bank was exploring the used of blockchain technology, even if he doesn't believe bitcoins are here to stay.

He said: «The government will explore use of blockchain technology proactively for ushering in digital economy.»

More so, the use of blockchain technology — a digital ledger — could help improve transparency and drive collaborations within the healthcare industry.

Goldman Sachs has said the use of blockchain technology in stock trading could result in $ 6 billion in industry cost savings globally.

HB5553, which was recently introduced to Illinois's legislature, would prevent local governments from restricting individuals» and companies» use of blockchain technology and smart contracts.

The application mentions the use of blockchain technology as well as a «special digital token» to achieve high levels of trust for what may amount to a futuristic email service.

Watching the gaming industry rapidly evolve due to the use of blockchain technology is massively exciting.

Word peace coin is looking to create a universal basic income through the use of blockchain technology, targeted to those who do not have a bank account or access to financial services.

But not many people understand that and pass up on quite lucrative business models made available as a result of growing use of blockchain technology.

Premier David Burt said: «The Binance Group is the world's largest cryptocurrency exchange and an international leader in digital exchange development and fintech, with a market capitalization of US$ 1.3 B. Through the Binance Charity Foundation, the Group is committed to improving education, creating awareness in the development through the use of blockchain technology.

The Blockchain Terminal («BCT») delivers a powerful set of tools and services to the wealth management industry, making use of blockchain technology to deliver cutting edge applications that have been created by a diverse community of developers, while also enabling real - time compliance enforcement and ad hoc audits.

ICOX Innovations is in the business of designing and creating crypto - economies for established companies that can benefit and grow their business through the use of Blockchain technology and Cryptocurrencies.

One of the most promising fields where the use of the blockchain technology will radically reshape the existing market is the cloud storage.

The efforts by 4G Capital, WISeKey, and Bitland are just further recent developments that will provide a better way of life for the African population and create opportunities for growth within the continent through the use of blockchain technology.

A new use of blockchain technology will allow jewelers to...

At the event, which was hosted by the Yale Law School Center for the Study of Corporate Law in New Haven, Powell highlighted three specific areas where blockchain technology is affecting change in regard to the Federal Reserve's «broad public policy objectives»: the creation of real - time payment systems, use of blockchain technology for clearing and settlement services, and the issuance of digital currencies by central banks.

Bair directs new investors to read Securities and Exchange Commission (SEC) Chairman Clayton's December 2017 advisory statement on cryptocurrencies and initial coin offerings (ICOs) and echoes his message that anyone entering into these realms should educate themselves on the difference between cryptocurrencies and the many other uses of blockchain technology.

Yao's remarks align with statements made by other executives from China's central bank around its potential use of blockchain technology, including developing a state digital currency.

The most likely option in the short term is the use of blockchain technology only for wholesale payment systems.

Through the use of blockchain technology, Litecoin is able to handle transactions without the need for intermediaries or outside interference, and all transactions are easily verified by examining the blockchain.

Global technology company IBM collaborated with a consortium of major food companies to explore the use of blockchain technology to address food safety in the global supply chain.

The index seeks to include only companies that have devoted material resources to the use of blockchain technologies.

A case study by a Western University law professor will look at how the use of blockchain technology could help close the Canadian sales tax gap, reduce compliance costs and improve government tax administration.

The most prominent use of Blockchain technology in legal is smart contracts.

Overstock.com: Overstock.com [4] is a true innovator when it comes to the use of blockchain technology, accepting Bitcoin digital on their website in addition to the issuance of stock through blockchain technology.

Just for the top nine Wall Street investment banks estimates project there will be 8 billion in annual cost savings [3] and 4 billion of released capital through the use of blockchain technology.

In a series of articles looking at the issues surrounding the use of blockchain technology in a legal context, we've looked at the issues around Initial Coin Offerings and will be publishing our thoughts on whether the new rights granted to individuals under the GDPR are as much of a hurdle to blockchain solutions as some have reported.

Bitcoin is just one use of blockchain technology.

Whether through enlightened software providers realizing the need for data exchange through existing technology or the advanced use of blockchain technology, there is no good reason to allow 1200 people to die daily for lack of access to critical information which would save their lives.

He is also one of the founders of the recently announced Global Legal Blockchain Consortium, which is a legal industry group focused on standards and governance for the use of blockchain technology in the legal industry.

The OKCoin team is committed to operating the largest Bitcoin exchange while making use of the blockchain technology to provide innovative features.

Individuals will have a choice between sending international payments through a fiat exchange and paying transaction fees — albeit much lower fees due to their use of blockchain technology — or using Bitcoin with no intermediary.

However, what largely remained unnoticed and / or given enough weight in the context of India was Jaitley's assurance that «the government will also explore the use of blockchain technology for ushering in the digital economy».

The use of blockchain technology and cryptocurrency will be integrated into the entire project concept.

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

Although these platforms provide opportunities for lenders and borrowers alike, much can be improved through the use of blockchain technology, a fact that has come to the attention of Lendoit, an upcoming P2P lending platform that will remove intermediaries from the mix, providing lower fees and higher privacy for lenders.

The Barbados - based digital currency company, Bitt Inc. and the professional services firm, PricewaterhouseCoopers (PwC) announced that they have executed a memorandum of understanding (MOU) whereby the two entities while remaining independent, will work together to deepen the use of blockchain technology across the Caribbean.

«Through the use of blockchain technology and tokenisation, we have developed a platform that makes it possible to serve the financially excluded economically at scale.

Currently, the Bank of Botswana (BoB) has not issued any regulations in regards to cryptocurrencies or the use of blockchain technology.

Setcoin is a verified global cryptocurrency that makes use of the blockchain technology.

Companies have come up with wonderful use of blockchain technology.

It appears that Australia's stock market may be the first major test for the use of blockchain technology by a traditional stock exchange.

IBM is trying to position itself at the forefront of the «heated» competition for practical uses of blockchain technology.

Topics will include the use of blockchain technologies in payments, securities trading, digital asset management and global supply chains, which will be discussed in talks and in closed - door sessions.

Enterprise use of blockchain technology has evolved at an almost unfathomable rate over the past 24 months.

Furthermore, two more bills were put forward to legalize the use of blockchain technology for electronic transactions.

The use of blockchain technology will mean that the governments will have little control over earnings that haven't been cashed.

«There is an urgent need for practical uses of blockchain technology to bring it to the masses.

Kenya, a country with rickety infrastructure and a reliance on agriculture, could be poised to kickstart mainstream use of blockchain technology.

Governments all over the world have conflicting views on the applied use of blockchain technologies in traditional governmental systems.