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The phrase "based on blockchain" is grammatically correct and can be used in written English.
It can be used to describe something that is built or functioning using blockchain technology, which is a decentralized digital ledger used for recording transactions. Example: The company's new payment system is based on blockchain, allowing for efficient and secure transactions between users.
Exact(24)
ICOs are based on blockchain technology.
Circulation of digital currency based on blockchain technology is fixed.
Goldman Sachs even filed a patent for transaction settlement based on blockchain technology.
Besides, some organizations and enterprises are also trying to develop decentralized platforms based on blockchain technology.
A new assessment system can be constructed based on blockchain network and smart contract.
The platform focuses on projects based on blockchain technology for now.
Similar(36)
Yet as their complexity has risen, academics are increasingly exploring whether their rule-based systems for rationalizing urban space could be replaced with dynamic systems based on blockchains, machine learning algorithms, and spatial data, potentially revolutionizing urban planning and development for the next one hundred years.
Based on blockchains, of course!
Cloud storage based on blockchains could help Facebook cut its massive server bills.
Overstock developed "tØ" a public equities trading platform based on the blockchain.
The SAMS is an MRM infrastructure created by the resource integration of mobile devices based on a blockchain, as shown in Fig. 1.
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