Sentence examples for distributed ledger it from inspiring English sources

Serving as a shared database or distributed ledger, it is located permanently online for anything represented digitally, such as rights, goods and property.

Serving as a shared database or distributed ledger, it is located permanently online for anything represented digitally, such as rights, goods and property.

Though DA calls their approach a distributed ledger, it's not so much a single distributed ledger as a collection of many private ledgers (the PCS databases) all linked together by shared blockchain (the GSL) that does little more than record that a transaction of some kind, any kind, has taken place.

It is deceptive to view the blockchain primarily as a distributed ledger, because it represents only one of its many dimensions.

Although decentralized autonomous organizations often come to mind as the vehicle for operating a business on top of a distributed ledger protocol, it is not the only vehicle.

More generally, the undeniable potential of the blockchain has led to it becoming one of tech's newest buzzwords; companies with little good reason to use a distributed ledger throw it in their business plan anyway, in the hope of getting an extra $25m from venture capitalists eager to cash in on the trend.

"We expect LedgerConnect to deliver enhanced efficiencies and economies of scale over single-purpose distributed ledger networks". It is still in early stages of development and test environments, he added.

The company just filed a patent describing how self-driving cars could store all the necessary data on a distributed ledger and exchange it with other entities plugged to the system e.g. authorities, public facilities such as airports and other participating self-driving vehicles on the roads.

Aside from Ripple, it has invested in the distributed ledger company Digital Asset Holdings, and it is working with clients in financial trading on using the technology.

With the invention of Blockchain - or Distributed Ledger Technology (DLT) to give it its full name - and the subsequent birth of its by-product, cryptocurrency, a new kind of crowdfunding or community fundraising was soon to be born.

Of course, if you can find a distributed ledger online, you can copy it, too.