Sentence examples for application of blockchain technology from inspiring English sources
As such, PBOC has spent considerable resources researching the application of blockchain technology.
The application of blockchain technology in supply-chain finance can help reduce the costs to banks and trade financing enterprises.
Application of blockchain technology for insurance is a perfect example of this, and will be hugely lucrative for companies that can create solutions for insurers, even though they won't be a part of the agent versus carrier dichotomy.
Once LedgerLock was sold to Digital Assets Holdings, during the split between the application of blockchain technology to business problems which ignored the push to tokenization, and a more public-facing movement that was predicated on token sales.
The Royal Chinese Mint, a downtrace unit of the People's Bank of China (PBoC) dedicated to its electronic banking mission, has even actively promoted the application of blockchain technology, going as far as to allocate resources and developers in experimentation to digitize the yuan.
Bitcoin may still be the most famous application of blockchain technology, but the distributed, encrypted database architecture is now being applied to a range of other services, from different kinds of (non Bitcoin) financial transactions to anything else that requires secure tracking.
There are many applications of blockchain technology.
Section 2 defines the characteristics and innovative applications of blockchain technology.
Huckle discusses potential applications of blockchain technology in the shared economy (Huckle et al. 2016).
In section 3, the current applications of blockchain technology in education is reviewed.
The purpose of this paper is to explore applications of blockchain technology related to the 4th Industrial Revolution (Industry 4.0) and to present an example where blockchain is employed to facilitate machine-to-machine (M2M) interactions and establish a M2M electricity market in the context of the chemical industry.
