Sentences with phrase «used decentralised»

The technology underpinning bitcoin, however, operates using a decentralised payment system, which means that a payment between two parties is direct and relies on reliable copies of the ledger being distributed to a vast network of bitcoin users around the world, who can verify any changes.

Bitcoin is a digital currency created in 2009 that uses decentralised technology for secure payments and storing money that doesn't require banks or people's names.

One solution could be to use decentralised wastewater pre-treatment modules, based on the Anammox (ANaerobic AMMonium Oxidatation) microbial process, as this project will demonstrate.

Looking at large scale desalination you can easily look at the demand side as well (not only desalination though) and adjust its power consumption to (solar) power availability again using decentralised solutions.

«We believe that by using decentralised technology to connect latent resources on the supply side (under - utilised lawyers) with newly discovered resources on the demand side (donations that were never aimed at the legal industry) we can change the access to justice paradigm,» Ghiassi said.

Each event related to the contract is logged in an immutable way, using decentralised storage and the blockchain,» Schmitz said.

There are already a number of companies that are attempting to use a decentralised ledger to manage supply chains, raise funds through crowd funding, improve security, the list goes on.

Not exact matches

We believe that decentralised digital currencies like Bitcoin and Ethereum will fundamentally change how the world views and uses money: cheaper, faster and safer transactions; more privacy and freedom; a significantly better user experience; and ultimately, more equality through giving everyone in the world access to the same financial system, no matter who they are or where they are from.

He's interested in anything that uses a network effect to decentralise what are traditionally hierarchical models.

Ethereum secures the transaction through using smart contracts running on a decentralised blockchain platform.

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

While this might sound somewhat similar to Bitcoin, there are major differences between the two, the main one being that Bitcoin is a decentralised currency — a store of value and a means of payment — whereas Ripple focuses on a single use case: sending money as fast as information.

As digital currencies emerge, therefore, the preference for decentralised payment systems would ostensibly render the use of a banking intermediary redundant, which raises pertinent questions regarding the role — or lack thereof — of central banks.

between the two, the main one being that Bitcoin is a decentralised currency — a store of value and a means of payment — whereas Ripple focuses on a single use case: sending money

We believe that decentralised digital currencies like Bitcoin will fundamentally change how the world views and uses money: cheaper, faster and safer transactions; more privacy and financial freedom; a significantly better user experience; and...

There will be countless uses for blockchain in the future... from contracts that don't require any intermediary to creating completely decentralised businesses built on blockchains.

We believe that decentralised digital currencies like Bitcoin will fundamentally change how the world views and uses money: cheaper, faster and safer transactions; more privacy and financial freedom; a significantly better user experience; and ultimately, more equality by giving everyone in the world access to the same financial system.

For example, much of Ed Davey's chapter on localism sits very comfortably within the coalition's decentralising agenda, and government environment policy, like the Green Investment Bank, at least in part reflects Baroness Susan Kramer's essay on using the market to tackle climate change and pollution.

There may come a time when we look back on the «ridiculous», overpowerful, hard - to - use PC with nostalgia as part of a long - vanished, decentralised past.

The NITI Aayog in this instance has used the term renewable energy interchangeably with decentralised renewable energy.

Decentralised systems have developed the idea that once an entity has been attributed a competence over an area of law, such an entity is using the competence even if it decides not to legislate.

A «virtual» law firm is a decentralised legal practice where lawyers work remotely and use shared services provided by a central hub, as such they are at the top - end of the gig economy.

This will include decentralising Gimmer and releasing it as a DAPP so that it is cheaper and faster to use and gives users the ability to run multiple bots at the same time.

Bitcoin is progressing in phases: — decentralised BTC buying and investing in Bitcoin, infrastructure (startups, etc.), — creation of new use cases; for example, micropayments and companies like change tip bitpesa and others, — non-financial blockchain applications — the disruption of payment monopolies and oligopolies.

Once the network is live and these tokens are being put to use to store files in a decentralised manner, this could drive a demand for storage hardware.

However a custom built Ethereum blockchain shall be used to run the decentralised application's programming code.

While decentralised digital currencies have served as an excellent speculative asset, the same can not be said for their use as a medium of exchange, store of value or unit of account.

Valorem, like many other cryptocurrency platforms is a decentralised blockchain that was launched to create a new level of trust between individual users by using the Valorem Platform as a means of verifying transactions.

The decentralised nature of Bitcoin and other cryptocurrencies has been one of the major reasons for increasing speculation of its use in the market.

While this might sound somewhat similar to Bitcoin, there are major differences between the two, the main one being that Bitcoin is a decentralised currency — a store of value and a means of payment — whereas Ripple focuses on a single use case: sending money as fast as information.

These are intended to allow the use of monetary policy on bitcoin's decentralised system, effectively creating an autonomous monetary policy without a central bank.

Therefore we are decentralising our issuance across many Blockchains; should popular new platforms arise in the future, we will use these too.

Global technology company ConsenSys used the Ethereum blockchain to design and build various decentralised applications (DAPPS).

Using it you can access all the features of the Ethereum network including powerful Decentralised applications and the multitude of cryptocurrencies issued on ethereum.

Regardless of this, the coin has gained genuine respect among the bitcoin community due to its unique cryptographic algorithms and the promise to become the first truly anonymous decentralised currency in wide use.

«We believe that decentralised digital currencies like Bitcoin will fundamentally change how the world views and uses money,» said the CEO of Luno (previously BitX), Marcus Swanepoel, in a press release to Ventureburn.

The CBK's governor, Patrick Njoroge, has been on record issuing a warning in the use and adoption of the digital currency saying that bitcoins operations are done on decentralised systems that could make Kenyans an easy target for online fraudsters.

Valorem just like many other cryptocurrencies is a decentralised blockchain whose establishment was based on creating trust between individual users using the Valorem Platform as a means of verification.

Due to its decentralised nature, there is no server downtime and the costs of cloud storage using Storj's platform are substantially lower than those of traditional cloud storage providers.

Although the promise of DApps is no doubt alluring, there is still a long path ahead before truly decentralised applications can be used.

«We believe that decentralised digital currencies like Bitcoin will fundamentally change how the world views and uses money.

We believe that decentralised digital currencies like Bitcoin will fundamentally change how the world views and uses money: cheaper, faster and safer transactions; more privacy and financial freedom; a significantly better user experience; and ultimately, more equality by giving everyone in the world access to the same financial system.

We believe that decentralised digital currencies like Bitcoin will fundamentally change how the world views and uses money: cheaper, faster and safer transactions; more privacy and financial freedom; a significantly better user experience; and...

If you're using Ethereum - based decentralised applications (Dapps), such as games or an insurance service, or you're using bitcoin - based applications, or a different decentralised network, you always have to rely on a key that allows you to access the service.

Instead of decentralising social media, blockchain tech could be used to lock us in to one internet brand forever.

Through the use of this technology, the Waves platform is able to achieve the speed and efficiency of a centralised trading platform with the safety and security that is associated with decentralised blockchains.

The blockchain is often painted as being able to create shared, decentralised public records, but even using that progressive definition, it still requires a starting point.

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

These new applications could easily make use of the efficiency and decentralised nature of blockchain technology by building them on the Ethereum chain — without having to create their own blockchain.

It is completely decentralised and can be used as a full fledged mode of peer - to - peer transactions for goods -LSB-...]