Sentences with phrase «used by central authorities»
We all fantasize about a world in which student learning growth on math and reading tests is calculated and used by central authorities to judge quality, but the reality is that very few school systems actually rely heavily on value - added measures (VAM).
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This differs from permissionless systems, like those used by blockchain pioneers such as Bitcoin, which have no central authority.
By contrast, Ethereum is a decentralized blockchain system, which means there is no central authority holding all the information used to create applications.
If that sounds similar to how Bitcoin bills itself — as a cryptocurrency that «uses peer - to - peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network,» — you're on the money.
«Bitcoin uses peer - to - peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.
And it notes the European Central Bank's (ECB) report «Virtual Currency Schemes» (October 2012) worrying that «virtual currency schemes -LSB-...] could represent a challenge for public authorities, given the legal uncertainty surrounding these schemes, as they can be used by criminals, fraudsters and money launderers to perform their illegal activities.»
A non-standard monetary policy — or unconventional monetary policy — is a tool used by a central bank or other monetary authority that falls out of line with traditional measures.
Local authorities also use their high needs budget to pay for central services relating to SEND and AP, as permitted by the School and Early Years Finance (England) Regulations 2015.
Secondly, they are global instruments, not national ones and they are funded using Bitcoin, Ethereum and other cryptocurrencies which are not controlled by any central authority or bank.
«Bitcoin uses peer - to - peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.
Indonesian authorities are investigating the use of bitcoin in the holiday island of Bali, amid warnings by the central bank in Southeast Asia's biggest economy over the risks posed by virtual currencies, an official said.
More comprehensive definitions have been attempted by the EBA in 2014 (European Banking Association) and the Banca d'Italia, which both define Bitcoin as «a digital representation of value that is neither issued by a central bank or public authority nor necessarily attached to a fiat currency, but is used by natural or legal persons as a means of exchange and can be transferred, stored or traded electronically».
The 56 - acre Brookleigh site is owned by the Housing Authority of DeKalb County (HADC) and is being redeveloped through a public / private partnership between NorSouth and HADC as a mixed - use, mixed - income community built around a central park.