Sentences with phrase «uses multiple blockchain»

It uses multiple blockchain networks that are interconnected with each other, and several aspects of transactions are kept confidential through the usage of Zcash's ZK - SNARKs cryptographic system.

A cryptocurrency that can use multiple blockchains for security, not value, does raise some interesting questions.

Not exact matches

In response to the multiple shootings involving law enforcement personnel in 2016, a university professor, project manager, and software developer designed the Glockchain, a new firearm that uses blockchain technology to track when it is fired.

They can be used to exchange money or assets of value across multiple blockchains, used digitally to verify identifications through ICON blockchain ID, and as a vehicle for processing smart contracts.

«Additionally if these estcoins are issued on top of a blockchain (they could possibly be issued in multiple formats at the same time, nothing wrong with this) then it would become easy and convenient to use them inside of smart contracts and other applications,» Buterin said in his blog post.

In terms of my specific business sector, being focused primarily on cryptocurrency investing and blockchain technology, I've seen multiple blockchain type startups, which many have touted as the future, using Instagram to generate exposure for their ICOs (Initial Coin Offerings).

It is equally binding and uses the blockchain technology to enforce a contractual agreement between two, or multiple parties.

Blockchain systems use a public database distributed among multiple computer servers to continuously maintain and verify an electronic ledger of transactions.

Blockchains can include smart contract functionality and can be used for complex commercial transactions involving multiple parties.

It is equally binding and uses the blockchain technology to enforce a contractual agreement between two, or multiple parties.

«Blockchain» means an electronic record created by the use of a decentralized method by multiple parties to verify and store a digital record of transactions which is secured by the use of a cryptographic hash of previous transaction information.»

We are hopeful that Nevada wants to pursue the goal of being a decentralized blockchain - friendly state, and that the legislature did not realize the full import of its eleventh hours change to the blockchain definition.Thus, if Governor Sandoval signs the bill, we plan to reach out to Nevada state legislators to discuss a bill in the next session that amends the law amend to only exempt blockchain activity on decentralized systems that rely on verification by independent parties using multiple machines that promote the honesty, integrity, validity, and immutability that blockchain represents.

According to multiple sources, many of the ICOs under the microscope have been transactions where investors received a token that does not yet have any use because the proposed blockchain network has yet to be built.

Because multiple companies — such as all parties involved in a supply chain — can use the same blockchain, it's spurring IBM to revise the way it compensates sales associates.

Valorem is a blockchain - based decentralized platform that allows for multi-party transactions across multiple industries using any currency, whether fiat or cryptocurrency.

«Although the consensus mechanism of blockchain can validate transactions, it is still impossible to avoid double spending, or using the same cryptocurrency multiple times for transactions.

Shopin, the platform designed to record universal shopping profiles on the blockchain for use across multiple retailers announced January 11th, 2018, a partnership with...

Shocard CEO Armin Ebrahimi told Bitcoin Magazine: «While we use the Bitcoin blockchain, our platform is blockchain agnostic and in fact, we do write to multiple blockchains and can relate the data cohesively.

Shopin, the platform designed to record universal shopping profiles on the blockchain for use across multiple retailers announced January 11th, 2018, a partnership with iExec to scale their transaction volume to 1 million or more per second.

* In this post I will (ab) use the word blockchain to mean replicated databases controlled by multiple equivalent owners with equivalent write - privileges, using digital signatures as part of authentication and data validation.

Coval uses side chain technology to enable the mass verification of multiple transactions securely, using blockchain technology where appropriate, enabling the faster and scalable transfer of tokens for a variety of applications.

Due to the very nature of the blockchain, anybody wanting to tamper with it would have to make changes to records which are stored on multiple computers, or use a lot of computing power to mine a new branch of the blockchain.

The funding goes to support Chainweb, a project focused on scaling and security issues and realized through the combination of multiple peer blockchains to process transactions, rather than the use of one single decentralized blockchain like the one that underlies bitcoin, said Kadena co-founder Stuart Popejoy.

By using multiple chains, users can avoid the network issues which plague other public blockchains like bitcoin and ethereum, the former JP Morgan Chase blockchain developer told CoinDesk.

After creating an account in the Blockchain architecture, users can create multiple wallet addresses for being used in making sales and purchases.

While nothing commercial has come out of the PoC yet, Gerryts said, the company has been head's down on the project for the Toyota Research Institute, which announced this week that it will form a consortia with multiple blockchain startup partners to focus on potential uses of blockchain.

Our contracts, across multiple days, peaked at over 20 percent of all transactions in the main ethereum network, making CryptoKitties the most used and consumer - focused blockchain app we see in the world today.

Plasma can be used on multiple blockchains.

Metronome, according to the team some no - brain uses of the tech include decentralized store of value across Blockchains, advanced payment settlement such as Mass Pay — allowing users to send tokens to multiple addresses with one action (missing on the Ethereum network).

Blockchain technology is now being used across the board for multiple technologies.

The open source software allows users to trade cryptocurrencies across multiple blockchain networks using a technique called atomic swaps.

There are multiple blockchain projects that allow to issue tokens, but any comparison would be irrelevant as the Bancor protocol uses a completely new price - discovery method (see Main features section for details) whereby the token's price does not depend on matching bid and ask orders, and no second party is required.

Ethereum features a blockchain that's popular among organizations testing and using it in multiple capacities.

In early December 2017, a Bitcoin's price has surpassed 19,000 $, going well beyond plenty of predictions out there, and the underlying Blockchain technology has been used to create multiple forms of cryptocurrencies, including Ethereum, Litecoin, and Ripple.

Always using multiple oracles as information sources within blockchain networks to ensure a reasonable level of consensus on data before it is entered

Towards TenX's goal of making a platform that seamlessly integrates multiple currencies for real world use, they have leveraged the COMIT (Cryptographically - secure Off - chain Multi-asset Instant Transaction) protocol that connects every blockchain, which was originally developed at MIT.

Just as there are multiple Linux distributions, the project will spawn a family of blockchain frameworks using code from a single reference platform, making it easier for the frameworks to interoperate with each other.

I am aware of multiple pilots kicking off early 2018 in the public and private sector that are looking at improving land registry and title recording using blockchains.

Let's start with some myth busting: There is not simply one blockchain, but multiple blockchains for various applications that use the technology in different ways.