Sentences with phrase «used by blockchain technology»

As part of their 2016 — 2017 budget, the Republic of Mauritius, which is an island nation off the southeastern coast of Africa, included regulatory sandbox legislation that can be used by blockchain technology companies to develop and...

Not exact matches

Maersk used KSI, a blockchain developed by Guardtime, a startup whose technology underpins the tech - savvy nation Estonia, for the test.

Aiming to execute seamless real estate transactions using blockchain technology, Esanjo.com is a global real estate asset management solution using ethereum, an open - source distributed platform on blockchain that's used by developers to build decentralized applications.

The focus should instead be to give people control over who accesses their data, by using blockchain technology.

The use of the «smart contracts» created by blockchain technology allows for the irrefutable, certainty of the origin of any product produced or trader around the world.

As Aaron Wright, chair of the alliance's Legal Industry Working Group, told Coin Telegraph, «Lawyers are poised to serve as the catalysts for blockchain technology, and the Legal Working Group will serve as a neutral space to explore blockchain - based legal technology, develop standards for «smart» legal agreements, support emerging enterprise use cases, and tackle important policy issues raised by this new, impactful technology.»

ICOs use the blockchain cloud - ledger technology pioneered by Bitcoin to sell digital «tokens» that are comparable to company shares.

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.

What's interesting about blockchain technology is that, by using what are called «smart contracts,» those contracts are executed on automatically through the blockchain.

Proponents argue that blockchain technology could be used to reduce the risk of many IoT devices being compromised by a single point of failure, such as a server.

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

And Bridget van Kralingen, senior vice president for industry platforms, told me about how blockchain technology is being used by Walmart and others in the food industry to keep track of the source of food for safety reasons, and by Maersk in the shipping industry to greatly reduce paperwork and port time.

The central bank of Saudi Arabia has signed an agreement with Ripple, paving the way for a pilot project through which the bank will help other banks in the country send payments internationally using technology provided by the blockchain company.

As the ecosystem around blockchain continues to expand and develop, Ripple will look to support new use cases of the technology including more investments in business use cases developed by entrepreneurial teams and funds.

Putin, whose statements are often interpreted by Russia - watchers as a bellwether, suggested on October 10 that blockchain technology might offer «new... solutions» to the Federation's «banking sphere,» but cautioned that the «use of cryptocurrencies also carries serious risks.»

The $ 150 million fund managed by Blockchain Capital will invest in entrepreneurial teams that are building businesses using blockchain tBlockchain Capital will invest in entrepreneurial teams that are building businesses using blockchain tblockchain technology.

Buterin elaborated upon creating real value by describing what he feels is one of the best use cases for blockchain technology: cross-border payments.

While the benefits of distributed ledgers have been much discussed, Bain concluded that actual tools using blockchain for international payments and trade finance remain in their early stages as banks remain challenged by scaling the technology, along with uncertainties surrounding digital currencies and privacy issues.

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.

Only by adopting a specific coin, a specific technology using the blockchain, you will contribute for the whole general effort», be added.

This episode is the third in a special 4 - part podcast mini-series about the transformative technology, blockchain, and how it can be used by innovative startups.

By enabling decentralized user accounts built entirely on blockchain technology, and by using the Colored Coins protocol, users can exchange and secure their assets without having to trust a third - partBy enabling decentralized user accounts built entirely on blockchain technology, and by using the Colored Coins protocol, users can exchange and secure their assets without having to trust a third - partby using the Colored Coins protocol, users can exchange and secure their assets without having to trust a third - party.

The system would accomplish this, in part, by using blockchain technology, private key encryption, and zero - knowledge proofs.

In contrast to other prominent banking institutions, some of which are interested in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.»

After their launch in November, the digital pets became so popular that they accounted for 11 percent of traffic on the network for Ethereum, the blockchain technology used by CryptoKitties, and caused a massive trade backlog.

Instead of re-creating a «cryptocurrency», or «token» using blockchain technology, Aramco creates digital shares of a pre-fixed amount of crude oil, reserved by the company.

With wide adoption by businesses interested and capable of using Blockchain technologies to optimize their operations, and both the retail and institutional investor enticed by the return on investment of Blockchain technologies, it is safe to say that Blockchain technologies will be here to stay for 2018.

Stellar Lumens and its currency XLM are originally known for providing fast transactions around the globe while applying extremely low fees, all powered up by blockchain technology, and that is the main reason why BluepanNet choose to use Stellar for enabling cross-border payments.

The increasing interest around Blockchain technologies in 2017 led the CTFC to release a Primer on Virtual Currencies which acknowledged that Blockchain technologies can be used by governments, financial institutions and cross-industries to optimize everyday operations via a Blockchain system.

The company, which recently airdropped a massive cache of XRP into US public school coffers is hoping to stimulate interest in the creation of applications that use its currency and blockchain, which has attracted a lot of interest as a back - end technology in the banking industry, but has only been adopted by one other Coin thus far — the somewhat mysterious Allvor.

As with nearly every industry supposedly ripe for disruption by blockchains, the vision of a manufacturing sector making use of the technology is a...

By Anna Irrera (Reuters)- State Street has tested a blockchain system that it hopes can be used to streamline the securities lending process as the financial industry accelerates efforts to adopt the emerging technology.

While the platform is powered by Ripple's blockchain technology, it does not require the use of XRP tokens.

Former JPMorgan executive Blythe Masters has also been leading a collaborative effort between IBM and start - up Digital Asset Holdings to explore similar ledger technology, while December saw the Securities and Exchange Commission approve a stock plan created by online retailer Overstock, in which businesses can issue and borrow securities using blockchain.

The Royal Mint partnered with the Chicago - based CME Group to create a product called Royal Mint Gold using technology supplied by BitGo and using a «permissioned blockchain protocol» which restricts those who can validate blockchain transactions.

Ripple — a company partially funded by Santander InnoVentures — offers a glimpse of how traditional banks and financial markets will compete using blockchain technology and «coins.»

AppCoins aims to reinvent the app economy using blockchain technology, by identifying and combating three major problems within the current ecosystem;

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 hBlockchain 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 hblockchain 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.

By comparison, the Abu Dhabi Securities Exchange has already begun hosting shareholders» meetings using blockchain technology.

India, the world's second most populated country in the world has announced plans for adopting blockchain technology by using it for digital certification of education degrees.

There are many more applications of blockchain currently being adopted by banks — Bank of America has filed numerous patents relating to using the technology for conducting and settling transactions; Deutsche Bank is trialling a corporate - bond platform that uses smart contracts to issue and redeem bonds; and DBS and Standard Chartered Banks are working on a trade - finance collaboration with Ripple to better track invoices and avoid invoice duplication.

From quick transfers to the thorough records created by blockchains, businesses and institutions are looking at how they can use cryptocurrency and related technologies to make doing business easier and cheaper.

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.

By using blockchain technology we will create a simple yet effective gold backed token accessible to individuals and organizations all over the world to own, trade and use.

The joint research undertaken by the two companies will examine how blockchain, the technology at the basis of cryptocurrencies such as Bitcoin, could be used for developing innovative cybersecurity solutions, such as secure transmission of information between services and supply chains, user authentication, critical devices and elements that run with no human intervention and additional solutions for the cyber challenges in a hyper - connected world.

What is Stellar Lumens Stellar is an open source network with the same blockchain technology used by bitcoin.

The Smart Contracts will use the blockchain technology through Eternal Trusts when the scientists working with the company make relevant developments in cloning, storing and utilizing stem cells as required by the customer.

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.

Also, cryptocurreny is eliminated and tracked by using blockchain technology.