Sentences with phrase «uses shared ledgers»

Baldet had been heading up JPMorgan's Blockchain Center of Excellence, where she led the product direction for Quorum, JPMorgan's business - oriented blockchain, a buzzy database technology that uses shared ledgers for record keeping.

Electronic firearm tracking technology is defined as «a platform, system or device or a group of systems or devices that uses a shared ledger, distributed ledger or block chain technology or any other similar form of technology or electronic database for the purpose of storing information in a decentralized or centralized way, that is not owned or controlled by any single person or entity and that is used to locate or control the use of a firearm.»

For example, it can provide transparency into the supply chain using a shared ledger which also provides an audit trail.

Not exact matches

So he and two graduate students, Ian Miers and Christina Garman, devised Zerocoin, a protocol that could obscure the parties to a transaction using encryption while maintaining the auditability of the shared ledger with a set of advanced mathematical techniques called «zero knowledge proofs.»

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

As part of this interesting proposal, he talks about the «Austrian cryptocurrency myth» that tokens created in the operation of a double permissionless shared ledger could compete with fiat currencies in everyday use and concludes that for reasons relating to both technology and governance they could not.

... using [cryptocurrency] to move both bank money and money - financed bank loans off balance sheet onto a single shared cryptocurrency ledger, together with government issued fiat money.

There is some politics around this, as there are those who consider private blockchains that do not use any proof of work (that is, blockchains with no mining) to not be blockchains at all, but simply shared ledgers.

Finally, in the The Netherlands, the Dutch central bank is all set to support a new «blockchain development campus», which will enable banks to develop and share information regarding the use of blockchain, the distributed ledger technology behind bitcoin.

This has caused many bitcoin startups to suffer as well because there are now questions of which chain will win as there has become a great divide between using bitcoin's blockchain or the shared ledgers being developed.

Likewise you can say «Yes, but I can build a system where participants have shared control of data by getting some databases, connecting them together with APIs, using some digital signatures, creating a consensus mechanism to resolve race or double spend conditions, etc etc» but you will have designed distributed ledgers.

The discussion concluded with members agreeing to share information on the use of standards markets in financial regulation, a new set of Professional & Business Services Council regulatory principles, and the 2015 States of Jersey consultation on regulation of crypto - currencies, blockchains, and mutual distributed ledgers.

Community members run a special software that uses algorithms to verify transactions and write them into the shared ledger.

The broker then uses this real share as the basis for creating a crypto asset which can be bought by clients of the broker via NEM's blockchain ledger system and its XEM cryptocurrency (one of the top ten cryptocurrencies — in future, it will be possible to use other cryptocurrencies and the exchange will also allow trading between cryptocurrencies).

By using what's known as a zero - knowledge proof construction, a cryptographic proof that allows the sender to prove to the receiver that value has been transferred without sharing any data or interacting, the ledger is able to secure all balances without identities and amounts being shared.

It is also the used as the main platform for cryptocurrency which shares a public ledger of data that can be accessed by all -LSB-...]

Some in the cryptocurrency community refer to these no - mining private blockchains simply as shared ledgers, and they refuse to use the blockchain term to describe them.

While Ripple uses the same shared ledger technology used by other cryptocurrencies, it is different to them in some aspects, which are:

The project, built in partnership with IBM, is notable given the emphasis financial incumbents have placed on using distributed ledger solutions for settlement in which information, not any finite digital asset, is shared among participants.