Sentences with phrase «with traditional fiat currencies»

With traditional fiat currencies, there exists no transparency and no one knows how much money is being circulated and on what basis central banks are printing money.

It is not possible to buy ICON tokens ICX with traditional fiat currencies such as USD, EUR or GBP.

What many fail to realize is that crypto, when integrated properly, can be utilized as a hedge against currency inflation / volatility, is safer and faster than the Visa, MasterCard, and Amex, and that these currencies can be traded by the owner to generate more profits (a relatively cumbersome process with traditional fiat currencies).

Echoing statements recently made by a Citi executive, Jaffrey explained that paying for assets tokenized on a blockchain with traditional fiat currency ran the risk of reintroducing the same security vulnerabilities of the centralized model.

Not exact matches

Since bitcoin lacks the traditional governmental backing found with fiat currencies, few governments have been willing to recognize it as an acceptable form of tender.

They are working with banking institutions to blend traditional fiat currencies with the emerging crypto world to benefit both businesses and customers by offering smart contracts and blockchain transparency, without having to worry about the volatility of traditional cryptocurrencies like Bitcoin and Ethereum.

«The issue is that traditional criminal activity that takes place with fiat currency can also be performed with virtual currency.

It's not as simple as traditional fiat currency, with notes backed by a central bank and transferred through clearinghouses.

For many of those who purchased coins, cryptocurrencies represent not just a way to make money, but the future of payment systems as we know them, not to mention a way to counter what these diehards often view as an overly powerful collection of central governments with the ability to have an outsized effect on traditional fiat currencies.

STACK is a personal finance platform that combines mobile tap to pay functionality with a multi currency wallet that is compatible with both cryptocurrencies, and traditional fiat currencies.

It will allow simultaneous storage of both cryptocurrencies and traditional fiat currencies, which could be further used to pay for goods and services all over the world with the help of the integrated NFC chip.

Launched in 2014, Tether was the first blockchain - enabled platform to allow traditional currencies to be tokenized, allowing users to transact with fiat currencies across the exchange without the relative volatility associated with digital currencies.

Bitcoin, and its sibling cryptocurrencies, have continued to capture the imagination, and indeed the headlines, with fortunes being made — and lost — on an ongoing basis as traditional fiat currency is challenged by these new digital assets.

Tether Limited has designed currencies that act as anchors or «tethers» to fiat currencies like the US dollar or the euro, where every tethered cryptocurrency issued in circulation is backed by a 1:1 ratio with traditional currencies held in deposit by Tether Limited.

Nivaura CEO Sehra says the biggest limit of the current technology is its interaction with fiat currency, which relies on the services of traditional financial institutions.

Currently, traditional fiat currency financing mechanisms allow projects with high rated buyers and suppliers to leverage their ratings multiple times.

Some of this money can be spent on the same goods and services we pay for with traditional «fiat» currencies — dollars, euros, yen, and...

It claims that this level of security was formerly affordable only for traditional financial institutions working with fiat currency.