blockchain


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Related to blockchain: Bitcoin

blockchain

The distributed transaction ledger used in Bitcoin and other virtual currency platforms. There is no central repository for the transactions. A new block of transactions can be created by any participant via the Bitcoin mining process (see Bitcoin).

Not Just for Bitcoin
Because the blockchain algorithm provides an unalterable and robust list of rightful ownership, both the public and private sectors are exploring blockchain-like techniques for systems other than digital currencies. By recording transactions without a middleman, performance is greatly improved.
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All transaction data is available in the Aten Coin's blockchain, which is open to the public.
Technological breakthroughs in decentralized payment technologies such as the blockchain and ripple have created a historical opportunity to solve one of the main challenges preventing gold from being useful again in daily transactions.
According to Watson, banks are looking to create their own proprietary internal blockchain that would provide them with more benefits than their customers.
A blockchain is more than a financial technology -- it's a strategy," said Adam Ludwin, Chain's CEO.
Peter Smith, President of Blockchain added, The company has grown exponentially in every way over the last eighteen months.
Bitcoin, Ripple and the overall blockchain technology was a popular topic at Money20/20.
Hellas Verona is excited to be part of this collaboration of implementing cutting-edge blockchain technology," states Giovanni Gardini, general manager of Hellas Verona F.
IMTC also is also holding MTBIT - Blockchain & Remittances Day on May 25th where Bitcoin Entrepreneurs are invited to share their remittance plans and meet other market players.
Founded by the Chamber of Digital Commerce and Coin Center, the Blockchain Alliance is comprised of a broad coalition of companies and other institutions that have come together to address public safety concerns about digital currencies and the blockchain.
Global Banking News-September 30, 2015--Deutsche Bank report praises Blockchain
All transaction data are available in the Aten Coin's blockchain, which is open to the public.
Among its many proposals, the group said that blockchain is an innovation that 'provides a number of interesting opportunities both for financial institutions individually and for the collective ecosystem.