Sentences with phrase «various applications of blockchain»

China's Tencent, Zhong An Insurance and other well - known companies are also investigating various applications of blockchain.

Not exact matches

Their focus is to further the growth of various applications that are built on blockchain, offering more standards and a process for facilitating compliance to gain wider adoption of this technology.

Blockchain solutions could solve that issue completely by reducing data inaccuracies, improving interoperability of various enterprise applications and creating more transparent expenditure tracking.

As decentralized applications (Dapps) are built on the public Ethereum blockchain, Ether will be required in order to interact with each of these various platforms.

This is only the beginning, because we intend to explore the wider potential of Blockchain applications in various fields of commercial activity.

This can in turn bring over more practical applications via the blockchain, such as transferring stocks, sums of money, or ownership of various assets.

In spite of the fact that one of various firms concentrated on applications for bitcoin and the blockchain in installments, Align is maybe extraordinary in its initial accentuation on the blockchain, utilizing it as a feature of its open informing nature as far back as January 2015.

In its 152 - page report, the FSOC stated that virtual currencies are only utilized by a very small number of consumers and their underlying Blockchain technology offers potential in various industrial applications.

«The governance structure of the DAO has questionable viability,» said Kirill Gourov, an early bitcoin adopter and analyst at Expand Research, where he covers fintech and potential blockchain applications across various industries.

The request for proposals, titled «Secure Messaging Platform» and listed under the Small Business Innovation Research (SBIR) Program, targets a messaging platform able to transfer messages via a secure decentralized protocol that will be secured across multiple channels, including, but not limited to: transport protocol, encryption of messages via various application protocols and customized blockchain implementation of message deconstruction and reconstruction, and decentralized ledger implementation.

These are in various stages of development and cover unique blockchain applications.

Speaking to that effort, Pony Ma, CEO of Chinese internet giant Tencent, said in a press Q&A session during the CPPCC conference that his firm is actively exploring various scenarios that could see the application of blockchain technology, according to a report from Sohu.

Due to the unprecedented speed of diffusion of the technology of decentralized ledgers, and the demand from entire economic sectors for various specialized solutions based on blockchain technology, developers are required to create both a public and multifunctional technological platform, on which it is possible to create blockchain applications both quickly and efficiently, improving the lives of millions.

The Central Bank of Nigeria is reportedly exploring the potential of blockchain technology and its application in various sectors.

«Information regarding the ownership of particular assets (e.g., shares in a company, etc.) are stored in a blockchain, and various data processing operations (referred to below as «application processing») are performed using this ownership information.»

However, recognising the potential of blockchain technology and its possible application in various sectors, the Namibian Central bank acknowledged the need for further research stating, «the current position of the Bank may be amended and / or supplemented, should a need arise.»

The conference aims to connect global blockchain experts, investors, and startups in the space, to discuss the nature of blockchain technology and its many possible applications in various sectors.

«In the short term, the biggest change will be the ability for members to contribute toward hardening of Burrow's EVM implementation in order to support production - grade ecosystem applications... In the medium term, we will be working with other Hyperledger projects to ensure that Burrow runs well in combination with various blockchain bases such as Sawtooth Lake and Fabric.»

One other interesting point to note is that the RChain team is in the process of developing a «translator» protocol to enable developers across various different languages to transfer their application (code) onto the RChain blockchain with just a single press of a button.

The move is part of an effort to integrate those applications into its messaging platform to «add new value through technological innovation by combining blockchain technology with various services in LINE,» according to an announcement on its website.

legal regulation of blockchain and cryptocurrencies; economy of initial coin offering; special features of cryptocurrency operations; application of blockchain in various business areas.

But for all its rhetoric as the all - encompassing connector, ICON is first and foremost a decentralized applications platform, with the additional feature of interlinking various blockchains.

Once this is done, use some of the various resources online to build your first blockchain, smart contract or decentralized application.

ShapeShift is a private cryptocurrency exchange that wants to exist as an integral part of the blockchain ecosystem allowing people and applications to move seamlessly between various cryptos.

The application of the blockchain technology with Rucoin aims to narrow down the gap between virtual currencies and various discount offered.

Ethereum allows users to build a wide range of application directly on the blockchain, ranging from currencies to various kinds of financial contracts to domain name registries, identity registries and certificate authority systems and even voting and governance applications.

Once more companies and users develop and explore additional use cases, then the scalability and flexibility of the EThereum network would allow large Blockchain applications to be tested in various industries.